RECENT PRICE INCREASE DRIVEN BY MERGER/ACQUISITION DEAL...
Well it seems that our recent price/volume increase is because of a merger/acquisition deal. At least that is what I'm hearing. And the fact that we just seen an increase on RESTRICTED STOCK SHARES further gives support to the fact that a merger/acquisition deal has happened. Insiders are usually given restricted stock after merger and acquisition activity, and affiliate ownership in order to prevent premature selling(to keep from selling shares as the share price increases) that might adversely affect the company. Or they might of used these RESTRICTED SHARES to obtain their new partner. The good thing is restricted stock cannot be sold without registration with the SEC.
We seen from the post yesterday the O/S was increased from:
661,834,365 to 704,601,507 and increase of 42,767,142
but we also see that the shares increased were RESTRICTED SHARES.
Now over the past few years SNDY RESTRICTED SHARES has been
15,341,495 and as of yesterday they went to 58,198,637. That is an RESTRICTED SHARE increase of 42,857,142. It looks like not only did they RESTRICT ever share added to the O/S, but they also added 90,000 shares more from their previous O/S count. Restricted shares increased 42,857,142 - O/S increased 42,767,142 = 90,000 more shares RESTRICTED then added to the O/S increase.
Now we know why SNDY has had such huge volume starting on Feb. 1st. This is not running because of the audit coming at the end of the month, it is running because of a merger/acquisition deal. And remember back when SNDY did increase their A/S the first thing several on the board said. By them increasing their A/S it could be used to help them secure a merger/acquisition. Volume is big for a reason, a big reason. This took off out of no where. Also remember for SNDY to get their CE mark they must have a EU partnership. Things are moving nicely ahead for SNDY. The future is looking very bright.
Take care my friends,
Mike
