Sunergy, Inc. (fka SNEY)

[mikeymgd]

At this stage they appear properly staffed. If the company begins making money they will likely fire Mark Shelly and hire a real accountant. The restatement was a clear sign of his inabilities.

Right now they are an expense related company and if things begin to move from exploration to production SNEY will need a solid controller to maintain the financial reporting. Currently they cannot afford one so we have the issue we have.

The other question would be are they planning to uplist once current. Sure they say so in PR's but yet this close to current and no word on a MM to uplist. It takes time to get a Market Maker on board and without already addressing this, the idea of uplisting is just that, AN IDEA. I feel if they were serious than with just 1 Q outstanding till current they would have lined up the Market Maker already.

Removing the CE is meaningless if they plan an uplist. I was always puzzled with the notion of removing the CE while stating they want to uplist. The two items are in stark contrast with each other.