Despite the regular promotions, the share price of Sunrise Consulting Group, Inc. (PINK:SNRS, SNRS message board) cannot even reach its par value over the last three years. Since yesterday afternoon, however, the news about SNRS has been "setting newswires on fire" all over the world, at least according to the new trading alerts of the stock's new promoters.SNRS.png
After SNRS dropped back down by 50% to its usual $0.0001 price per share yesterday, a new press release from the company and several more stock promoters will try to lift it up again today, to the also usual $0.0002 level.
Two of the promoters disclose no compensation, one promoter got 1.5 million free trading shares of SNRS. For a stock with an average dollar volume of $10,000, that amount can hardly be of any importance on the market, even sold at the higher $0.0002 price per share, or even at the unreachable 52-week high of $0.0005 for a total of $750.
The company's latest announcement says that it is now going to manufacture solar chargers for iPod and iPhone that will carry the "Made for iPod" and "Made for iPhone" logos, certifying that the products have been approved by Apple. As soon as the "big news" reaches traders over the globe, respectively the subscribers of the promoting newsletters check their in-boxes, the shares of SNRS might actually experience their star breakout.Sunrise_Consulting_Group.jpg
Unlike the promotions, Sunrise's latest disclosure statement does not give any other reason to expect any breakout soon. Potential buyers of SNRS solar-powered devices over the company's still non-existing e-commerce web store will definitely experience some problems, unless the company finally updates its website. More time will be needed in any case to sign the planned distribution contracts, but until then Sunrise's business will not need more than its current $100 per month office space, paid on a month-to-month basis, and no more employees than its sole officer, President and Director Mr. Raymond Chin.
Mr. Chin is also a modest person. He started working for the company in the middle of October last year, and has not received a single dollar compensation for his work last year. The only thing he got was 10 million shares of SNRS convertible preferred stock, which represents only 1% of the company's voting rights.