I see your point but listed below are reasons why I am still buying SYNJ whenever I can:
1. BEEN's 20% interest purcahse is a vote of confidence to SYNJ and the business niche they want to be in. It's a vote of confidence because no public company with a pps over $1 would approach a pink sheet company with a pps in the triple zeros if they didn't see value in management, their target market and/or SYNJ as potential takeover candidate in the long-term if things start turning around.
2. Legal dispute is being wrapped and should be put behind SYNJ soon so SYNJ can get on with their business plan.
3. Price won't go any lower than where it is now.
4. I don't think an R/S is likely because BEEN would not take the conversion feature in its 20% interest purchase if they know an R/S is coming.
5. BEEN's 20% interest purchase indicates that BEEN management has trust in Brian and where he can take SYNJ. It will be up to Brian to change his ways and prove what he can do.
6. Upcoming dividends will help facilitate a short squeeze of any short positions out there to help ease pressure on the pps.
7. Increasing oil prices ($108/barrel) will help increase the demand for alternative energy technologies. Brian will have to work hard to turn things around and capitalize on this market opportunity. BEEN sees this and the value of alternative energy technologies or else they wouldn't be buying a 20% interest.
8. BEEN's 20% purchase interest will provide financing for Brian to execute his business plan and findally bring value to SYNJ and eventually increase the pps.
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