Sunergy, Inc. (fka SNEY)

[havocjohn]

They didn't follow their own script either. The warrents were issued with the belief the ce would be lifted soon after issuance, something that didn't happen.

not verbatium, but that is from the Q this morning.

Of major significance during this quarter is the extension of all of the warrants for six months. The assumption was made when these warrants were purchased that the Caveat Emptor would be removed shortly. Although progressing toward current filings, this has not happened yet. The board of directors felt that since the company was had not been able to at that point of catch up with its government filings, it would be fair and prudent to extend the warrant date.

http://biz.yahoo.com/e/120724/sney10-q.html

third paragraph from bottom.