Tuesday, June 07, 2011 3:25:38 PM
http://ih.advfn.com/p.php?pid=nmona&article=47843495
Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that the company agrees to sell one of its provisional patents and accepts the offer made in the term sheet worth $300 million dollars over the span of 6 years. The successful completion of this transaction translates to a value of roughly $0.01 to the company's shareholders.
This is a cut and paste from http://sec.gov/litigation/suspensions/2011/34-64612-o.pdf
As set forth below for
each issuer, questions have arisen regarding the accuracy of publicly disseminated information,
concerning, among other things: (1) the company’s assets; (2) the company’s business operations, (3) the company’s current financial condition; and/or (4) issuances of shares in
company stock.
You see I admit this could go either way, I don't post my opinion as fact or try to portray it that way. I have always said this is a lotto play. The point im making is there have been dozens of post saying they are filing there SEC complaint, billions in volume because of the PR's. If Chin is not or was not able to provide proof that there was a legit offer for $300,000,000 he will be in deep DODO and trading would be halted.
I said it before chin has painted himself into a very small corner. He may not have to prove that deal to us be he damn sure will when the SEC asks for it.
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