“strategic investor relations, public relations, and (sic comma) marketing solutions that are customized to the needs of your organization”.
Senergy also boast of having a 30,000 name database of North American investors.
In other words, they’re a bucketshop pumphouse that are about to phone 30,000 houses in the next couple of weeks to see if they can dig out a patsy or two. However, by their fruits shall ye know them (Matthew 7:16 dude on a hill talking to a crowd 2,000 years ago) so let’s see how Senergy clients have been getting on recently.
Let’s kick off with Troymet Exploration (TYE.v) who hired Senergy in August last year to tell the world just how wonderful they really are. Let’s check the chart, and………
….hmmmm. I’ve seen better, has to be said.
However my fave story is that of Fox Petroleum (FXPT.ob) that hired Senergy to promote the company back in June 2007 (not July like wot I writted on the chart). Before getting fired by FXPT in September 2008, Senergy had overseen the stock price as it moved from $5.15 to $1.85.
Fox is now a $0.35 company. Death spiralz iz wot death spiralz duz and Fox were not happy bunnies with the service provided by Senergy. The telling phrase come in FXPT’s filing on the matter that states;
On September 1, 2008, we terminated an investor relations agreement with Senergy Communications Inc. whereby Senergy Communications Inc. provided investor relations services to us for US$10,000 per month
We terminated the agreement with Senergy Communications Inc. to improve the investor relations facility for new and old investors.