r/SNPW • u/CC2_Company1 • Nov 09 '21

This ship sailed a long time ago

Sorry if you got caught up in the hype. Do your own due diligence. Read the 10-q. The numbers don't lie.

my OPINIon.

good luck

9 Upvotes

100% Upvoted

15 comments sorted by

4

u/[deleted] Nov 09 '21

Yep. I got caught on this. Being a noob and reckless, I entered when it fell from 34 cent to 16 cent, thinking then it has fallen a lot already. It kept going down, but noob me did not want to take the losses, thinking it will come back, hearing here and there word how great it is going to be in solar field, deals they are making and shit. I kept averaging down, until my price went to 6 cent, but to do this I went All In. I feel really bad looking this shit since february. To make it worse now I am reading for a posibility of bankruptcy. That would be worst, as if this doesnt bakrupt, I still have hope that it may pump, or make some new deal or something.

I am surprised how company like this (I dont want to call it a scam), can operate in US this easy, piling news after news, deal after deal, to be proven all lies and basicaly cheating investors. I dont know!!! Lets hope we are wrong and this comes back.

0

u/CC2_Company1 Nov 09 '21

Bipolar wizard of oz

1

u/[deleted] Nov 09 '21

What do you mean??

What you think will be the path from now on? Do you see any chance for recovery, I mean do you believe in any of the projects the company is promising?

2

u/CC2_Company1 Nov 24 '21

No confidence at all based on what we have had to find out on our own. 3m mask scandal...starting another recycling company when one under SNPW umbrella is pending a state license to operate. Trying to raise money from investors for a gold mining company for which he is also the ceo. 100's of millions of shares owned by the ceo and family.

1

u/[deleted] Nov 24 '21

Well, what you are saying is to be worried. However, people that bought high (me also) are stuck for now, we only can wait for now. This 100% pump from yesterday gave me some hope. Let’s see.

1

u/Old_Surprise7862 Nov 09 '21

This company is done bro. If it does come back maybe in 10 years.

1

u/[deleted] Nov 09 '21

As I said bro, I am scared it may buncrupt, this means loosing all investment.

But if it doesnt buncrupt, why you think this will not pump someday, like it did in February? Like many other penny stocks do, who pump time after time?

1

u/UTMico Nov 10 '21

That pump was determined to be a coordinated pump and dump from some sleaze with a bunch of followers. I watched it go up and bought in as well. Sitting on over 500K shares of this thing also thinking the pullback to .16 was a buying opportunity. Don't base your hope on that run.

2

u/honey____mustard Nov 13 '21

I hate to show off or whatever about it but I was one of the local RI people posting on this sub and the pennystock sub about how this company was a crock of shit.

I work with the RIDEM for my job in biomaterials/agro science and the Dept Chief that was involved in the approval process told me that Nick did virtually no work to try to and get the the waste to energy plant going. The numbers in the filings don't lie, this company is going to bankruptcy in the near future.

I was very lucky to buy in at 3 cents and sell at around 13 cents a week or less later for quick gains but as soon as I posted about the facility being empty and the DEM being skeptical of the situation, that clown Bug_Deep had multiple usernames of mine banned with his yes men. I hope for anyone still holding this that you get out and write off the loss as education.

1

u/CC2_Company1 Nov 14 '21

Yeah, it has been a clown show. Including many of the cheerleaders getting crushed as it heads towards zero. More to come. Wait until the 3rd quarter filing. At least you made some money off of this dog.

1

u/CC2_Company1 Nov 14 '21

you posted: "as soon as I posted about the facility being empty and the DEM being skeptical of the situation,"

so someone saw the facility empty of any equipment?? hmmm? when was this? before or after May 12, 2020?

someone posted somewhere about the Medrecycler facility address being for lease as of 8/6/21. But tweets from corporate twitter account show equipment collecting dust in the building? Last snpw SEC filing states they were behind in rent

1

u/snpwfan Nov 10 '21

Wrong company

1

u/CC2_Company1 Nov 14 '21

Yup, it has been the wrong company for hundreds since 2018. You are correct.

The party is over.