Business
Open Letter on Sauer Energy SENY
Open Letter on Sauer Energy SENY.
About this update from Better For You Wellness Inc.
[{"type":"text","content":"\nOpen Letter on Sauer Energy SENY\n\nOpen Letter on Sauer Energy SENY\n\n\n OXNARD, CA--(Marketwired - May 09, 2016) - Sauer Energy Inc.® (\"SEI\") (OTCQB: SENY), developer of the patented WindCharger® vertical axis wind turbine (VAWT) and manufacturer of the patented WindRider® vertical axis wind turbine, submits its Open Letter below:To all our shareholders and interested parties:I am writing to address the current situation that is taking place with our stock.First of all, I would personally like to thank each and every one of you that has invested in us. Your faith and belief have inspired us in ways you aren't even aware of. Sauer Energy will always respect its shareholders and place their interests first in all activities.Most of you are well aware of our share price. For the past two years we have been under some intensive selling pressure due to the fact that we had a convertible note and financial agreements that were based on our stock being sold.Most recently, our 30-day average trading is well above 2 million shares daily. For a small company like ours, this is massive pressure and it has weakened the stock price.I have spoken with many of our large investors and none of them is selling off. I have also spoken with various stock brokers and I have come to the opinion that when our stock is bleeding like it is, it will attract sharks that will short our stock for profit. Historically, almost every major company has had individuals who engage in the short selling of their stock for profit. Short sellers know that when a company's stock drops, the company will make every effort to reinforce its stock. Stock manipulation is a crime. This is one way they do it:Individuals essentially \"borrow\" stock and payment for it is scheduled for later. They then sell it and lower the price per share. Then, they get the shares for less money because the price has dropped per share when it's time to pay for the initial stock. After that, they wait for the stock price to strengthen again. Repeating that scenario is a very damaging endeavor and it can also backfire on them. They are called \"naked shorts\" in the industry.With the naked shorts that continue to sell more of these non-existent shares into the market, the target company suffers relentless downward pressure on its stock price. Unfortunately, we feel that th...