SCOTTSDALE, Ariz., June 14, 2011 /PRNewswire/ -- Sunergy, Inc. (the
"Company") (OTC: SNEY) announced on May 26,
2011 that It had changed its Auditors (See 8-K filed
May 26, 2011) and is pleased to
report that our new auditors have completed the review on the
financials for the first three quarters of 2010. The drafts for all
three 10Q's are having the financials added and will go through a
three tier review before being finalized and published all at once
in the next few days.
Once the Q's are filed, the 10K for 2010 will follow. The Allied
Mining and Supply, LLC acquisition is being audited as well as 2
years' history. Since all other financial information is totally up
to date for the current period in the 10Q's for 2010 as subsequent
events, management expects the 2010 10K and the first 10Q for 2011
will follow in a reasonable period of time. This will put Sunergy
in compliance with the SEC filing requirements of a fully reporting
company and the Caveat Emptor should be removed. Management is
committed to applying for up-listing to the New Bulletin Board
replacement exchange as soon as possible.
Mark Shelley, Director, Treasurer
and Chairman of Sunergy's Audit Committee said, " I am really
pleased with how well our new financial group is working. Our new
Auditors are up to speed and our internal records are up to date so
we expect to easily remain current in our required filings. We are
totally committed to maintaining a high level of transparency for
our shareholders going forward".
The Company urges investors to visit www.sunergygold.com to
study the Projects, Corporate Reports and any other due diligence
they require before investing in the Company's stock. An
informative Dredge video is also available on the site. Investors
are also cautioned that message boards are not places that have any
official corporate information and should not be relied upon as a
source of due diligence, but rather are places where opinions,
often colored with agendas, are published.
About Sunergy: The Company is an aggressive junior mining
exploration and development Company that is production oriented at
the earliest possible profitable opportunity. We control 100% of
the 150 SQ. Km. Nyinahin mining concession with a full prospecting
license in Ghana, West Africa and the 140.1 sq. km. Pampana
River Rare Earth, Gold and Diamond concession in Sierra Leone, West
Africa. We are focused on near term production of these
properties this season. We are production and acquisition oriented
and are considering several additional projects suitable for near
term production in West
Africa.
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as
that term is defined in Section 27A of the United States Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including but not limited to, any mineralization, development or
exploration of the Nyinahin and Pampana Mining
Concessions.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact:
Bryan Miller, President
707.738.4280 bryan@alliedminingandsupply.com
Sunergy, Inc.
14362 N. FRANK LLOYD WRIGHT BLVD | SCOTTSDALE AZ 85260
Phone: 480.477.5810 | Fax: 480.477.5811
Investor Relations: Steve
Parent 480.399.7222 steve@sunergygold.com
SOURCE Sunergy, Inc.