Replies to post #39347 on Sunergy, Inc. (fka SNEY)

[Jim46]

I know what I would do. I would get 33 of my best investors and do a private placement memorandum giving to the group an 80 or 85% revenue interest and 100% of the working interest. I would priov price the working interest at a rate that would insure enough capital to run operations for two years with proper equipment. I would have 15 or 20% of the net revenue with none of the working interest. Advantage. I wouldn't have a public corporation and wouldn't have to put up with all the crap this board gushes. Disadvantage. Certain posters here would not have a forum to vent their spleen over shares they don't own, or to benevolently instruct newbies on how to invest or divest properly. Put it that way, there are no disadvantages. There are many ways to structure. I could give 100% of the net until the shareholders had been paid back, then back in for a bigger percentage. Too bad I didn't know about this three years ago. Now I'm just one of the longs holding the bag!!! LOL