Replies to post #68117 on Sunergy, Inc. (fka SNEY)

[RocketmanChicago]

....on the right track "Coach",...

Many are the possibilities on the SNEY table, and I for one trust SNEY will
take the right steps to maximize benefits.

[scubastevemd]

Reading the Q they mentioned that there was interest already displayed in exercising some of the warrants or did I read that wrong? This could supply the much needed cash. This is not to discount any possible gold found, but not sure we can count on that. Now if they show some that would be a plus, but they maybe waiting until they get production going to lay down their cards. Big question is when will that be?

As to JV's I'm suspect, unless it is with a well know company that is ready to move. I've seen some before that were more hype than any substance with small payments to hold the property until they decide what to do. Now if our samples show up great and we get a JV, and they have plans within 12 months to move on it, great, that is a different story.

A big company fronts enough cash for production for a percentage of our production over the life of the mine is another option we can look at.

[mikeymgd]

Ok I have to ask, what is this supposed to mean.

SNEY could take warrants that expire and give them to an investor. The overall share count would not go up and we could have the money to process tons of material

How can you give someone expired warrants. Why would any investor want a warrant that has expired and is worth 0 dollars.

You are right the overall share count will not go up since the expired warrant is worthless and cannot be used to gain shares.


Also in regards to:

You have to ask yourself why go to such lengths to get current?

There is no ask. The company flat out stated why.

We expect to have the Caveat Emptor status removed as soon as this Quarterly report is filed. Upon removal of the Caveat Emptor status, it is anticipated that the increased liquidity potential for our investors will have a positive impact on our ability to raise additional capital from private placements and future warrant exercises, however, there can be no guarantee that this will be so as we currently do not have any outstanding firm commitments to purchase our equity and equity linked instruments.

SNEY has no processing equipment as of March 31st and needs another round of Private Placement shares to purchase it.