Replies to post #27405 on Solar Energy Initiatives Inc (SNRY)

[floridaboy]

Ditto

[MattyBS]

Here's the history, since I'm so bored waiting for real news.

Ben Berry, of Synergy tried to get Custodian ship out of DE courts. DE courts were about to approve, but the Judge retired in the middle then new judge was opposed to RTOs with defunct shells. He asked an SEC advisor to review the case and like any BS red tape it took like a year and the advisor just kept requesting more time. Ben was tired of wasting time and money and found an "end around" by paying off the previous CEO (Gelmon) to sell his shares. Ben sold the shell to Cooley since he was tired of wasting time and had others that he was trying to get out of Custo and sold before the SEC rule change in (Grey/Expert Market) for all non-current Pinks.

Cooley bought it from Gelmon with Ben Berry of Synergy as the psuedo-broker.


https://www.reuters.com/article/legal-us-otc-synergy/using-dead-delaware-companies-for-ipo-shortcut-vc-laster-has-questions-idUSKBN2BF2U3