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Synthesis Energy Systems Is Essentially An Empty Shell With Debt – $1 Price Target

Synthesis Energy Systems (SES) has a failed clean energy technology called coal gasification. After years of trying to make it work, the company generates no revenues today.

SES doubled in one week ahead of its 8 for 1 reverse split on 7/22/19, now is good timing for a short.

SES potential asset sale to Australian Future Energy (AFE) is non-sensical. AFE has no developed projects and was funded by SES.

Other stocks have recently been decimated after reverse splits.

Neuralstem (CUR) did a 20 for 1 reverse split on 7/1