Replies to post #94291 on Sunergy, Inc. (fka SNEY)

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holidays was just a general note

things always take longer than expected in every stock i've seen

10q which i copied but vanished in posting here says payment for 1st parcel received in march-p.13 -and succeeding parcels will show in 2nd qtr

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May be they are concentrating on refining their revenue model 1st-since it has changed-so they have a model history to show- they are trying to sell some larger diamonds to larger holders

the CEO as you say and other insiders are heavily invested in the success of the project
-years without pay-not too unusual for pennies this pps- and expenses and years of their lives

p.10-11 of 10q

As of March 31, 2015, Garrett Hale, our CEO, is due $91,000 in wages due from the time he became our CEO in February 2013. Additionally, Mr. Hale incurs expenses in his role as CEO related to payment of expenses in country and travel. As of March 31, 2015, Mr. Hale is owed $88,359 for unpaid reimbursement requests. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Hale was owed $156,393 for related wages and expenses which is included as accounts payable. Additionally at as of March 31, 2015 and December 31, 2014, Mr. Hale provided short-term funding in the amount of $29,100 and $43,753 respectively that was included in accounts payable to related party payables.


As of March 31, 2015, Mr. Robert Levich, a member of our Board of Directors and former Africa Country manager, is owed $107,967 for wages due to his time as our country manager or fees earned as a member of the Board of Directors. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Levich was owed $101,967 which was included in accounts payable to related parties. No repayments were made to Mr. Levich during the period ended March 31, 2015. The amounts due Mr. Levich were reclassified to accounts payable due to the incurring of the wages and fees as a normal course of our operating business.
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As of March 31, 2015, Mr. Larry Bigler, a member of our Board of Directors and former CEO, is owed $47,500 for wages due to his time as our CEO or fees earned as a member of the Board of Directors. As these are incurred in the normal course of our business operations, these amounts are included in accounts payable. As of December 31, 2014, Mr. Bigler was owed $41,500 which was included in accounts payable to related parties. No repayments were made to Mr. Bigler during the period ended March 31, 2015.