InvestorsHub Logo
Followers 26
Posts 2315
Boards Moderated 0
Alias Born 08/18/2010

Re: scubastevemd post# 50185

Thursday, 12/08/2011 8:58:21 AM

Thursday, December 08, 2011 8:58:21 AM

Post# of 101798
Dale is definitely involved in all three entities.

Here is an easy run down:

Allied Supply was a reseller of Gold dredge builders equipment. The pictures on the two sites make the equipment look identical.

Dale works for Allied so also works with Gold dredge builders since he works on their eguipment as a reseller.

Next Sunergy bought out Allied and later purchased their dredges through Allied's manufacturer Gold Dredge builders. Now that is where Alan Tree's came in. He is the owner of Gold Dredge builders.

Rather incestuous but not illegal or inappropriate.

Add to that, Sunergy issued shares to buy Allied and issued shares to fund the purchase of dredges from Gold Dredge Builders. In a sense it makes all 3 entities involved with each other.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.