Replies to post #56872 on Sunergy, Inc. (fka SNEY)

[mikeymgd]

Highly unlikely.

When you consider the rate at which they operate it would be highly unlikely they will even get the Q3 out prior to the beginning of April.

I would think its smarter to start looking towards Q1 2012 timelines and forget the 10k timeline. If by a miracle they get it done on time we should be happy but the long delays make it look very unlikely.

I have moved my focus on to May 15 and hope they can get current by then. If not we are looking at the fall.

Consider the rainy season is just a couple of months away it becomes a double edge sword. For one it will likely mean a shut down of dredging, if any is occurring right now, but it also allows them to focus on office work since operations will be severely impacted.

Now on the negative front the stock is rather likely to find a new trading range in the .004's soon. Q2 will look really bad and most likely lead to further down pressure. Unfortunately the management team sucked when with Goldspring, sucked when with General Metals and to date SUCKS RUNNING SNEY.

Lets hope there is a shake up soon and Parent is removed in a little better way than when the board of directors fired him from General Metals.

Bring on the summer so we can get an opportunity to unload into any rally. Nobody likes dead money.