Syntrol Corp (SNLP)

[WiseYoda]

For the former CEO to do a debt conversion deal of debt totaling $102k for worthless shares makes absolutely no sense. Why would someone who is a debt holder accept worthless shares for all that money? We are missing a big piece of the puzzle here because a company who grosses $30M doesn’t go public and just stop operations for no reason. Whatever is happening must be part the company’s roll out plan in going public and until we get an update we won’t know the direction they are going.