$SMEV Synergy Plans on Working with Company Management PT .25

SMEV Synergy dropped the news the other day that they would be discussing options as far as working with Synergy management to bring a company in or a acquisition following the COO's decision that he would like to keep the shell. This news brings the best of both worlds as the COO was pivotal in the development of the company's Spa Capsules a few years ago which were successful.

Ben of Synergy owns 24,000,000 shares of the Company's common stock and the COO Allen owns Preferred shares so it would benefit them both if they worked together to get the company streamlined and back up and running with a new R/M'ed company that Synergy probably already has lined up for the shell.

I see this as a win win although many saw it as possible "Bad news" and sold the last couple days the stock has regained traction and the selling has all but finished with the stock moving green several times today.

Personal PT of .25 is still on track IMO.
acquisitionbreakingnewsBTCCandlestick AnalysisCUSTODIANmergerNEWSOTCPivot PointsSMEVSupport and Resistancetechs

Also on:

Related publications

Disclaimer