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09/04/12 8:02 AM

#71139 RE: raidersoftheloststocks #71138

Prices Rock bottom, I called .0038c and was off by .0003c, so this is it. Big News Coming on the Production movement, all IMO of course.

Go SNEY!!

mikeymgd

09/04/12 9:16 AM

#71140 RE: raidersoftheloststocks #71138

Right now the stock is in a waiting pattern. The key moving forward is the funding. The company may have a road plan but the funding is key to getting it done. Hazen is working on the Pilot Plant design on with their design comes large up front costs.

Odds are rather large that another Private Placement is very close. This could have a negative knee jerk reaction but without dilution SNEY cannot move forward on generating revenue.

My guess is we see Placement this month so equipment can arrive prior to year end. I am expecting 150-250 million shares added to the OS. Based on a 30% reduction to share price and an addition 150-250m new warrants. OS currently sits around 1.8 billion and the next round will get us right around 2 billion OS. Add to this outstanding Warrants coming close to another Billion shares if exercised.

On a positive note. If this occurs this month than the warrants expiring in January are unlikely to be exercised. This will create a bit of a wash on the warrant count come January.

I feel this is what is keeping the stock low and it needs to get worked out prior to any sustainable rally.

havocjohn

09/04/12 10:09 AM

#71145 RE: raidersoftheloststocks #71138

ROFLOL, yeah it's moving alright, down, down, down.

We are currently down almost 50% from when we got current, and the ce was removed, and based on the way it's been trading it is probably going down further long before it starts going back up.

If I were you and if you haven't bought in yet I would probably sit on the bid no higher than about 35.... but even that might end up being high the way this pos has been trading.

Good luck.