Replies to post #42017 on Sunergy, Inc. (fka SNEY)

[scubastevemd]

Good post. I do wonder about that money point. It seems they had over $600K and would have close to $2 million after the warrants. It seems to me if they planned this out they should not have a shortfall between now and the time the warrant money came. Either that or they figured, as I, that the gold would help cover cost. The cost of manpower is cheap. The dredges were paid for I thought. So, the cost would be salaries, supplies, gas etc. Since they are a small company the management the team should be taking lower salaries with share bonuses and then as production increases pay themselves accordingly.