Sunergy, Inc. (fka SNEY)

[coachum]

The wheel unravelled when the pr came out with the private placement (PP) and warrants.

Here is my take on it. SNEY was able to raise thru stock (locked up for 1 year) and will be able to further raise thru warrants (locked up for 1 year) a considerable sum of funds to:

A. secure dredges
B. operational costs
c. further refinement equipment

People did not like the fact that more shares will be on the market. GO in debt or sell stocks its the only raise to funds. IMO I bought the private placement because I believe in the company.

Now lets look at the facts......

The PP was necessary or we would not be operational. There debt is less than $150,000. And this may have been paid off and will show in further 10q's.

SNEY PR'd the info about the Private placement so unless they changed something which they did not... (I called the holding company) then the facts are out.

I think management of SNEY got pissed because people flipped out when they pr'd folks to let them know they have the cash to operate. So now they are like <<<IF PEOPLE ARE GOIG TO ACT LIKE FOOLS --- WE HAVE THE CASH AND MATERIALS TO DREDGE BUY IT OR DON"T BUY IT >>>>
The daily PPS is not the main concern of SNEY. They are taking care of business and the PPS can change on a dime.
These are my thoughts not the companies so! ..... I'm all in and staying put!.......