Replies to post #66547 on Sunergy, Inc. (fka SNEY)

[Jim46]

As I understand it, it was the auditing of Allied that took so long. Maybe I misheard. Wouldn't be the first time.

[art35]

FWIW--

Synergy was essentially a "Shell" and Allied a going business---private, not public----they went public, not by a "prospectus" ,, but by the back door----taking up residence in a vacant house----

No LEGAL PROSPECTUS offered-----major difference---they could save a lot of money temporarily,, until they could find out if they were going to be succesful----

Then they would spend the money to spit out all the financials,,and it appears they are doing just that---

An unexercised warrant is no different than an option to buy authorized but unissued shares---the shares enter the O/S when the warrant is exercised----

The expiration date on warrants can be extended,, as many times and for as long as the issuer desires.