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Re: scubastevemd post# 44919

Wednesday, 09/28/2011 11:03:52 AM

Wednesday, September 28, 2011 11:03:52 AM

Post# of 101798
You're right. I finally got my daughter to invest in SNEY and she dumped her IRS refund into SNEY (all $800) and bought 33,500 shares at .023. I'll say one thing. She follows it closely, and she does send a barb my way once in a while, but she keeps on trucking. She's since added shares and still averages around .013. So she's still in the red. My son is in for .0151 and he likes to rub it in by saying he's made x-amount on ABC which offsets his SNEY losses. But he's still holding. One friend bought in just so he could hold it over me when he loses his investment. Deep down he knows he'll make big money. He's in for .008.

You're also right. We can expect better from management. They should be better. But again, having operated on a shoestring, I only had limited time and resources and I had to allocate them where I needed them most. I've been fined by the Texas Railroad Commision many times for late filings. Price of doing business at the beginning. And that was not nearly as time consuming as doing a 10-K audit. Thank God I never had to do SEC filings. But I understand SNEY if it is doing as I did. I believe it will come on line and when it does, we should be in a very good position and all of us will be laughing (or crying) when this opportunity passes.
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