Wednesday, May 26, 2010

SNRS - Supposed Buyer Willing To Pay $42 million for default company with $250k in assets and ZERO revenues

SNRS is pulling the same move as EWRC and THRR, by saying someone is willing to buy their 14 billion shares for $.003. This amounts to an over 1,000% premium from this morning and a 3,000% premium from a few weeks ago. We all know what happened THRR and EWRC and the money investors lost when they realized the Guru was right all along. The Guru will be right with this one as well. This is just a ploy to sucker people into buying shares of the stock. Hey if you want to play the pump go right ahead, but don't think for a minute anyone is dumb enough to pay $.003 for something they could have at $.0003 or even $.0001 a few days from now.

What's worse SNRS is DEFAULT. They haven't paid their bills to the Secretary of State. You would think they'd have that in order if they were a legitimate operating company? Think again.

It gets better. The total buyout for this dead beat stock is $42 million dollars! The financial report for SNRS dated April 16th stated the company had $250k in assets and NO revenue. That's like someone walking up to your house and offering to buy it from you for $42 million dollars and you telling them you need to think about it, you will have a decision by June 1st. Funny thing is your house is a better deal because at least you've been paying your bills, and you don't have a pile of preferred and outstanding shares cluttering the living space.


Wait it gets even better, the company indicated that the offer may not represent a potential full fair market value for said shares, and will therefore consider, and expect other counter-offers. So they think they may find more idiots willing to spend more than $42 million for something that isn't even worth $250,000. They even expect it. I can't help but laugh at the pure lunacy.


There is nothing wrong with playing this news, as there will be a firm bunch of believers buying into this hype. But be sure not to be holding this when the music stops.



Sunrise Consulting Group, Inc. Receives Offer of .003 for Outstanding Shares Marketwire    "Press Releases "
NEWPORT BEACH, CA -- (MARKET WIRE) -- 05/26/10 -- Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that the company was offered the sum of .003 per share for all outstanding shares. The management of the company indicated that the offer may not represent a potential full fair market value for said shares, and will therefore consider, and expect other counter-offers. The company may request a counter offer and plans to make a final decision on whether to accept the offer by June 1, 2010 . Sunrise shareholders can expect a public announcement on the company's decision at that time.

ABOUT SUNRISE CONSULTING GROUP, INC.

Sunrise Consulting Group's mission is to get involved in the Solar Industry in the fastest and most productive and profitable way possible.

For more information email info@sunriseconsultinggroup.net or go to the website www.sunriseconsultinggroup.net.

This press release is not a solicitation of a proxy, an offer to purchase nor a solicitation of an offer to sell shares of Sunrise Consulting Group, Inc. , and it is not a substitute for any proxy statement or other filings that may be made with the Securities and Exchange Commission ("SEC") should this proposed transaction go forward. If such documents are filed with the SEC , investors will be urged to thoroughly review and consider them because they will contain important information, including risk factors. Any such documents, once filed, will be available free of charge at the SEC's website (www.sec.gov) and from Sunrise Consulting Group, Inc.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc. , which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

This press release includes forward-looking statements within the meaning of the federal securities laws that are subject to risks and uncertainties, including the inability to satisfy the conditions to any proposed transaction, general economic conditions, and other factors that may be identified in filings made with the SEC .

Contact: Sunrise Consulting Group, Inc. Email Contact www.sunriseconsultinggroup.net

3 comments:

Unknown said...

Thanks for the heads up Bob. I was already doubting this was real.

Unknown said...

hi bob

is it realy so bad........? wjat about this:

SNRS is on PSC’s shopping list. We are buyers of stock @ these prices. PSC hopes to pick up 300 million shares.

or

Today’s news on SNRS is the latest in a string of PRs which signal the start of something big for the company. In today’s PR they gave shareholders’ clarity on potential revenue on a 12 month going forward basis.

News drives sub penny stocks and if we get more PRs like today’s, PSC expects SNRS to move aggressively higher and trade between .002 and .005.

or

Sunrise Consulting Group, Inc. Receives LOI for Twenty Million Dollars

SNRS announced that the company has received a Letter of Intent from one of the largest importers and distributors in the Middle East of alternative energy systems, for the purchase of approx $20,000,000 of solar panels due to a significant increase in demand.

any comments in this

thanks mate

Robert Wilcox said...

Yes LOI's are a joke.