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Re: scubastevemd post# 49453

Tuesday, 11/29/2011 3:40:22 PM

Tuesday, November 29, 2011 3:40:22 PM

Post# of 101798
Latest news is that SNEY has declared Chapter 13 bankruptcy, picked up all of its marbles and moved up stream to try again under another company name. The entire management team has been indicted for fraud and is now being held in lieu of $50,000,000.00 bond. Investor money has been declared forfeit except for mine because I DUMPED all of my shares over the last five weeks. It seems as though the only dredge on site was an old 1849 model, 3" revolving GoldRush gold pan on a pedal driven mount. It was spewing out .01 grams of gold per fortnight and the natives were pocketing 30% of that. Falon, would you do the calculations on that for us. Management did say that it was sorry that it couldn't get out any PRs due to a short in the one remaining generator. It asked me to convey its personal apology particularly to Scuba because of all of the investors involved in its P&D scam, Scuba seems to have been most hurt by the scam. Management is encouraged in its new venture because it thinks it now knows how to run a pump and dump campaign. It will do its own pumping and dumping and not allow third party interests to do it. That way it can make money. It will especially invite Scuba in as one of the insiders so that he can recover all of his tens of losses. My friend Dredge remains upbeat even though he was in a Chinese jail for a while. He says he was forced to write all of those negative reports by the Chicoms or else he would have been turned over to the Russians who he now believes have infiltrated SNEY management. Anyway, if Scuba needs a crying towel, SNEY is ready to mail a towel mongramed in 3K gold.
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