It is the ongoing threat of more massive Dilution that is the problem with SNDY, regardless of the CE Certification process. The company didn't raise the A/S from 950 million to 2.9 Billion just to look at the shares. They could have raised it to 1.5 billion and had a comfortable 550 million share buffer zone. But instead chose 2.9 Billion. They did that for a reason, and that reason is dilution, dilution, and more dilution. Keep in mind that over the past 8 years the company has diluted Billions upon Bllions upon Billions of shares into their O/S and each time, when it became saturated, solved the problem by simply raising the A/S and/or Reverse Splitting the resulting massive O/S back down with 1/5000 or 1/2000 Reverse Splits, essentially wiping out their shareholders.
The pressing question for shareholders is how much dilution is going to hit the SNDY float in the coming days, weeks, and or months, and what effect is it going to have on this currently miserable share price. If peeps here think that SNDY won't continue to dilute to pay the bills, then they are ignoring the History of constant dilution this company seems addicted to.
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