Sunergy, Inc. (fka SNEY)

[mikeymgd]

I agree completely.

Yes the PR is good for a long term approach but short term this could mean further downside before we begin rebuilding the image and stock price.

The further metals equal additional POTENTIAL revenue and profit but with that comes delays and further need for funding. This could translate to further downward pressure and potential additional round of dilution for funding.

Going cash flow positive quick was important since they had a rather small amount of cash considering the very long period of time to get operations going. If they still have no processing set up than we could be several months from initial revenue generations still. I am not confident the current funding is adequate to allow continued delays to initial processing.

I would expect some upward moves today but I personally doubt it will hold and would look for a quick move south again since the PR was clear to the fact that production is further delayed based on a need to change the original plan on processing.

Again a good PR for those with a 1 year or greater outlook but bad for those with a 3-6 month outlook.

JMHO