Tip Details

14/09/2010 at 03:53PM
The comeback kid
Syndication Inc New
SYNJ.OTO
Initial > Target price

$0.0002 > $0.0005
Price when coverage ended

$0.0002  0%
Best up to date ROI

$0.0004  100%
4 votes
Coverage ended

Initial price $0.0002 Start coverage 14/09/2010
Target price $0.0005 End coverage 12/10/2010
Highest price $0.0004 Experience 64.95 pts
Description Syndication, Inc. (PINK:SYNJ) rose more than 200% today trading on higher than average volume today to $0.0003 based on news that the board is expected to take a vote on a $1M, 20% stake sale of Sentinel Renewable Energy (SRE S.C), a subsidiary of Syndication, Inc. Sentinel is the Company’s bio-diesel manufacturing project which is currently located in South Carolina. Since the deal is being discussed, what is currently known is that the deal would include an exchange of 18% to 30% interest in Sentinel Renewable Energy for an estimated payment of approximately $1 million dollars, two consulting arrangements and a 10% common stock dividend of the purchasing company to be paid to the shareholders of Syndication, Inc. The CEO of Syndication, Inc. asked the Board of Directors to approve an additional 2 – 5% common stock dividend of SYNJ stock to be paid in conjunction with the settlement of the % sale of SRE S.C. Rumor has it that Over the next couple of days the Company expects to release details on the warehouse purchase, legal issues related to the $5 million dollar loan escrow, both dividends and the identity and final terms on the Company purchasing the stake of SRE S.C. News pending. \\

Report abuse !
Share this tip |

Industry: | Symbol: | Exchange:

Last months Activity

2 comments
2010 September 16 at 10:05AM
From StockShark | Rank: 3 | Avg ROI + 43 %

i like the story. looks like a good timing to get in.

i like the story. looks like a good timing to get in.

2010 October 13 at 13:32PM
From Nicolas | Rank: 0 | Avg ROI + 9.4 %

Nice one! I like stock that double!
What is your next move? Another tip will get you in the "Top Active Tipper" box!
Nice one! I like stock that double!
What is your next move? Another tip will get you in the "Top Active Tipper" box!

Comment on this tip
Only Stocktipr members can share comments on tips, register now



About The comeback kid

mybestpicksever initiated a coverage The comeback kid on on 14/09/2010 at 03:53PM. Syndication Inc New is listed in the sector. The stock was priced $0.0002 when mybestpicksever posted the tip. After analyzing the company activities and performance, mybestpicksever believes Syndication Inc New has the potential to reach $0.0005. As of 14/09/2010, the highest price Syndication Inc New has traded at is $0.0004.



Back to Tips listing

StockTipr is in constant evolution. Contribute by sending us your suggestions and comments

Send us your commentsSend us your comments