Sunergy, Inc. (fka SNEY)

[mikeymgd]

I think the person has been burned in the past by a scam mining company that claimed PGM findings.

We all sometimes cling onto certain items as a tell. This could be people's actions, company statement, etc etc etc.

For me I tend to doubt any company that is profitable, showing growing AR numbers and cash flow negative. The 3 together is a standard tell that a company is falsifying their accounting reports. This too is not a guarantee.

In mining or oil companies scams are easy to create until the company begins production. Stating there is sample tests that prove certain compositions can be easily falsified as can over statements in oil reserve estimates for oil plays.

To me ever mining company is a scam one way or another until they prove the concession through actual results( material sold and earth moved to process the material).

Until we see actual results we will see consistent claims SNEY is a scam since the industry is rather prolific for scams.