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Thursday, August 08, 2013 12:14:45 PM
to see 2.5 billion share increase. Had to happen, I think most on here knew it was a certain. I told many privately to prepare for it to happen soon. But like you said they have been selling shares to pay for all the fees necessary to get the CE Mark. Emergo Group cost them a bundle of money as well. I know for a fact ER cost them $35,000. TUV cost them money to be there for the audit as well, I'm sure thousands as well. So it was pretty obvious on the shares they sold was to pay for all the service these 3 companies provided for SNDY to achieve the CE Mark.
As of now looks like most people figured this was going to happen. We have only traded 3 million shares (14 trades) since this news came out. And the last 4 trades of almost 1 million shares were buys at .0025.
It is funny just because they raised the A/S does not mean it will be at 2.9 billion in a few months. Like you said at the current rate it would take 3.5-5 years to get there. Now with little debt, and all the CE Marks service companies paid I still say what lies ahead in the next 2-3 months is going to give us a better picture of who they are going to be in business with.
Take care my friends,
Mike
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