Sunrise Consulting Group Inc (SNRS)

[2020]

SNRS - Company Rejects $90 Million Offer

You wouldn't have known it by yesterday's headline which read "Sunrise Consulting Group, Inc. Pursues New Solar Ventures", but SNRS has withdrawn its offer to sell its 18 billion shares, that are currently priced at $.0001, for $.005.

Talk about misleading investors. The headline should at least read "Sunrise Consulting Group, Inc. $90 Million Offer Rejected By Company", or "Sunrise Consulting Group, Inc. Admits The Buyout Was Nothing More Than a Ploy To Get You To Buy Its Stock".

yesterday's two sentence Press Release lets investors know that this entire buyout soap opera was a lie, and that there was no one ever willing to pay 5,000% more for a stock with 18 billion shares, zero revenue and $240k in assets. Heck no one even wants to buy this stock for $.0001 these days. I imagine they could stand at a street corner and hand out free share certificates, that might be a way to draw a little interest.

Yesterday's news must have taken die-hard SNRS investors by surprise, but not the Guru. SNRS currently has no bid, which means anyone who was holding on for this supposed buyout has absolutely no one to sell their shares to. That's just a shame.