A second opinion... I bought this stock (snrs) back when solar was the hot topic (with the new president pledging money for alternative energy. snrs was trying to enter the solar market with stock (sslr). sslr is a solar stock that was about .80 to 1.30 a share. A lot of people bought snrs because it was a penny stock at .0001 I knew it was a good buy because (with news) it had the potencial to double or sky-rocket over night and it couldn't go down.
But unfortnatly thru the SEC investigation of sslr, they found that they were miss leading people and making false statements. sslr was temporarily suspended and plummited. snrs back out of the deal.
I've been stuck in snrs for about a year. I have sold half my shares at .0003 and I am riding on free shares too. I hope they do have news, but looks doubtful, and a r/s sounds good, but a r/s is not good. Only people who have been thru a r/s know what I'm talking about.
I have a big feeling that snrs is not ready to make any announcements (and no I'm not a basher). I'm just giving a 2nd opinion. If they had news in the near future they would make a news announcement of possible deals being made. Also this is not likely to be a company buy back of shares. Alot of people bought this stock the last few days because they want to double their money quick. The person who bought $38,000 in shares 5 days ago fooled everyone in thinking some info leaked out. Well I worked because now were riding on free shares and if it goes to .0001 atleast we feel good about our shares. The people who bought at .0001 and sold some at .0003 accomplished that.