PE pennies

[Potse]

db7...SN_DN shell......

sn_dn .0024 hopefully has substance and not just a pump

It has been awhile since I looked at the SN_DN shell, but from what I recall of the situation I think it would probably be pretty unlikely that Acquirgy would reverse merge with this shell. Acquirgy purchased the assets of SN_DN in 2009 (I remember seeing an Acquirgy press release stating that), which left SN_DN as a shell with debt and convertible preferred debt/shares.

I do remember it as being a bit confusing because the address situation made it look as though Acquirgy and SN_DN had reverse merged, and since the company had stopped filing SEC reports prior to the asset sale it left a lot of unanswered questions as to what exactly had transpired.

I have considered at times picking up some shares, but the company still had some unresolved lawsuits around the time it stopped filing. That in combination with the convertible preferred made the shell look relatively messy.

If the company were to do a reverse merger (and resume its required SEC filings) or file a 15-12G, I would assume that it would probably occur sometime "relatively soon". As a general rule of thumb it seems that anytime a company approaches that 3-4 year deliquency on its filings, the chances for the SEC to terminate the company's registration seem to significantly increase.