Sunergy, Inc. (fka SNEY)

[BigHeis]

This fact sheet seems to explain the .01 bid test by May 1 best. Buying and holding waiting for upcoming PRs to blow the lid off this thing!! GO SNEY!!!

http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf

Beginning May 1, 2014:
• Bid Test: All current OTCQB companies that
do not meet the minimum bid test (minimum
bid price of $0.01 per share as of the close of
business for at least one of the previous thirty
consecutive calendar days) will be removed
from OTCQB beginning May 1 .
• New Companies: Companies that are not on
OTCQB as of April 30, 2014 must submit an
application, pay the required fees and follow
the new procedures in order to become
traded on OTCQB. Securities will no longer
be automatically put on OTCQB when a new
Form 211 is cleared by FINRA or an OTC Pink
company becomes current in its reporting.
• International Reporting: International
Reporting companies on a Qualified Foreign
Stock Exchange may now apply to trade
on OTCQB.