Replies to post #68982 on Sunergy, Inc. (fka SNEY)

[havocjohn]

Well sure, the only thing that makes sense in regards to the trading over the last 2 weeks is the company is selling shares on the cheap to raise capitol.

Today alone we saw more than 16 million shares trade at or below .0053.

Nothing else makes any sense for the trading pattern.

[pooter03]

From the latest Q

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.

The got current so they could raise capital. That most likely means dilution.

http://www.ehow.com/about_7357182_private-placement-common-stock_.html