Sunair Services Corp. (SNR)

Company: Sunair Services Corp. (SNR)

Current Price: $1.94

Company Website:  http://www.sunairservices.com

I would like everyone to focus their attention on our new pick SNR! Do not waste any time and start doing your research on our new pick immediately!

In my opinion, we could see a major breakout in SNR in the short-term. SNR is one of the largest pet control company's in Florida with over $55 Million in revenue.

The reason I think SNR could become a major winner for our club is very interesting. SNR's biggest competitor is a company called Massey Services, Inc. The founder of Massey Services Inc. is Harvey Massey. A little history on Mr. Massey that found was that he started his career at Orkin at only 16 as the youngest VP in the company's history! After 16 years at Orkin, he became the Sr. VP of operations at Terminix, a company that went from $40 Million to $100 Million in annual revenues! Later he founded Massey Services in 1985 and grew the company to provide pest control services to over 150,000 customers in Florida, Georgia, and Louisiana.

Now the reason why am I telling you this is because if you read the SEC filings you will see that Massey has accumulated 1,260,972 shares of SNR or about 10% of the company! Why would Massey do this? Well Massey previously offered to acquire SNR at a price of $3 which the company declined!

Since SNR has declined the offer Massey as well as a shareholder that Massey hired to facilitate the sale of SNR has continued buying huge amounts of SNR stock in the open market! Furthermore, a group of other shareholders associated with the shareholder hired by Massey have also acquired large positions in SNR.

One of the main shareholders that has been accumulating a large position has been known for positioning companies to be sold. One company he founded was sold in 2003 for a whopping $780 Million! I believe he will have the same intentions with SNR!

Between Massey and all of these shareholders they now own a whopping 7,037,468 shares of SNR or 53.8% of the total outstanding shares! This is unbelievable!

Now since this group owns such a large position in the company they have filed proxies to kick out SNR's present management and replace them with their own Board of Directors!

Obviously as you can see Massey has been very successful in his past and has the experience SNR needs to betaken to the next level. Also, once the new Board of Directors gets appointed there will be very little in the way for Massey to acquire the company. At this point I think our club will see a very nice gain from the current PPS of $1.94.

Please start researching SNR immediately and look for more alerts coming soon.

 

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