Before recent filings, their last filing was in 2005 and it was a 15-12G which classifies the stock as a shell. Just recently have filings started coming out and SNET is now limited info status and most likely going current in the near future.
News In addition to filings, SNET has begun to put out news, and often. Since SNET keeps shareholders up to date on everything with news often, it may be safe to assume they will keep the news flowing whenever they have something to announce. http://www.otcmarkets.com/stock/SNET/news
Jan 6, 2012 - Open Letter to Shareholders Jan 13, 2012 - Close to Inking Deals With Key Affiliates in California, Nevada, Arizona, Pennsylvania and Georgia Jan 17, 2012 - Presents Alliance Auto Group Membership to Entertainment Industries Jan 19, 2012 - Signs Agreement With Hollywood Entertainment Company "The Philip Group"
Jan 6 News mentions SNET is taking steps to become fully reporting (Curret Info) and the goal to up-list onto the OTC tier. "Taking steps towards bringing the company into full compliance with OTC Markets reporting requirements: We believe this undertaking is crucial for the company. And our ultimate goal is to file with the Securities and Exchanges Commission (SEC) to become an OTC Bulletin Board listed company."
And something that people overlook is, we have been holding this range for weeks now, weeks! That certainly shows how much interest there is. We heat it up a little bit and who know, we might see a proper breakout.
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