Sunergy, Inc. (fka SNEY)

[coloradoKid]

quarterly revenue is up. Expenses are still flat but still not at break even point. That was expected given the statements in the past that this point would be reached by EOY not necessarily Q3. So, we will need to continue to wait.

On the mining front, more promises of licenses or license partnerships in the future but no commitment yet. If I had to guess, they are slowly increasing their parcel sizes based on the financing they have available. at some point this quarter, they will become profitable in this effort and will be able to afford licenses thus launching this company forward.

In other words, still working towards break even and still working towards full scale mining. The wait continues.