Replies to post #68148 on Sunergy, Inc. (fka SNEY)

[mikeymgd]

I cannot actually agree with that. Its like saying there could be 10 billion in debt but if they are not calling to collect who cares.

The reality is that its an overhead concern for shareholders and a hope for the company.

For an investor or trader, it is insanely important.

Also I hope people do buy them. It is the best case scenario for the company. If all warrants are purchased the OS will cap at 2.5 billion. If not the odds are it can climb much higher based on another PP which will once again include warrants.

I do not expect the company to require further offerings if the warrants are exercised. The value is around 3.5 million. That is likely more than enough to purchase processing equipment and move the company from exploration to mining and fully operational. Unfortunately the expiration's are probably too far out to be the needed funding.

For the record though, I feel only the most recent 170m in warrants will likely get exercised. They have a strike price of only .0025. The .005 might but the .006 and .007 probably won't. In my opinion of course.