Here is additionally dd prior to yesterday's PR-->
SPMI UPDATED DD MUST READ--> in 2014 you will see $1+... Look at this 10 yr chart at the bottom of my post....share structure is a bit higher, but not much....but much much larger revenues coming beginning to trickle in back half of this year and will visible more noticeable in 2014 when expansion, conversion of business model, and new upscale franchises kick in...*Remember this key....they are doing almost $8 million on a just a emission test alone. NOW, as around the end of Q3....now they are adding emission repairs which could run $200-$300+ per failed inspection.
**This is why I love this stock pps going up...way up!! THIS CONVERSION TO THE NEW BUSINESS MODEL WILL MAKE THIS COMPANY EXTREMELY PROFITABLE IF THEY EXECUTE THERE BUSINESS PLAN AS LAYED OUT...WE HAVE SEEN SOME EXAMPLES OF PROGRESS AND AWAITING MORE AS SPMI ROLLS OUT ITS STRATEGY.
http://www.nasdaq.com/symbol/spmi/stock-chart...lldown=off
---------------------------------------------------------------
Projected Additional Rev Numbers: Here is some math: $8M revs is approx. 350,000 emission tests at about $20-$25..Now, national avg. of emission test failures is about 5-10%....so that would be 17,500 to 35,000 cars.. With a cost avg. emission repair cost of $200-$300....Lets take the median avg. to fix and median number or cars...
So, thats approx. 26,250 cars x $250.00 = $6,562,500. or $6.5M (*ALMOST DOUBLING REVS WITH EMISSION REPAIRS) dollars is a rough estimate on Speed Emission capturing their emission failures...most customers are opting to do this since the car is already there....and they need to pass to get cert. sticker....THIS WOULD MAKE THE COMPANY ABOUT $5M+ IN THE BLACK AND PROFITABLE ALONE...NOW....because the were losing roughly $200k per qtr or $800k per year....mainly due store closings and reopenings....and various other accounting costs....
Now, add in revenues from conversion of stores to complete care care centers: (ONLY LIKE 2-3 test stores AT THE MOMENT BUT WILL BE EXPANDING THIS MODEL RAPIDLY). * latest pr in November said they already exceed revenue guidance numbers for these store that have been converted.
1- oil change, tune up
2- transmission
3- brakes
4- diagnostics
5- tire rotation
6- misc safety inspection repair
7-headlight restoration
AND....NOW LETS LOOK AT THE RECENT PRS with EXPANSION:
1- 24 NEW SPEEDY EMISSION TESTING AND REPAIR CENTERS....
2- PLUS THE ROUGHLY HALF THE STORES TO BE CONVERTED TO COMPLETE CAR CARE CENTERS....
3- AND FINALLY...THE UPSCALE MODEL FRANCHISE THAT IS NOW AVAILABLE TO 32+STATES.....4 -6 BAYS GARAGE+ MERCHANDISE AND EATING AREAS....ETC
4- ENCLAVE ENTERPRISES HIRED AS PROJECT MANAGER FOR ROLLING OUT NEW UPSCALE FRANCHISE STORES
5- NEW CARBONGA AP GETTING RAVE REVIEWS....MAYBE NEXT CARFAX TYPE BUSINESS
--------------------------------------------------------------
GAME CHANGING PR and Announcment...see below
Speedemissions, Inc. (QB) (USOTC:SPMI)
Speedemissions, Inc. Adds Project Management Firm Enclave Enterprises, LLC to Manage New Store Expansion
Speedemissions, Inc. (OTCQB: SPMI), a leading vehicle emissions testing and safety inspections company operating 38 stores in the Atlanta, Houston, St. Louis and Salt Lake City markets and developer of CARbonga, the revolutionary automobile diagnostic iPhone app, today announced that it has retained Enclave Enterprises, LLC, a leading provider of construction services to the automotive industry and other select enterprises. With offices and affiliates in San Francisco, Long Beach, Austin and Miami, Enclave Enterprises will operate as Project Manager for the development of the new Speedemissions Car Stores.
Rich Parlontieri, President and CEO of Speedemissions stated, "We're very pleased to be working with Enclave and their team of professionals which have been involved in over 300 automotive building projects with a combined construction budget of over $600 million. They bring solid expertise in automotive building services and project management. It starts with building design, branding, construction management, site selection and the delivery of the final product. By retaining a firm rich in creativity and outstanding retail store design such as Enclave, we hope to create an automobile repair store environment with an identity that will give our customers' a very unique and special experience."
"We are excited about the opportunity to work with Speedemissions on a project such as this. Getting to start with a true 'white board' concept that has not been previously structured by some other brand master will allow us to be creative and fuse together the myriad of ideas and designs that have been part of our vast experience in building more than 23 different types of other auto brands' showroom, service and retail facilities. We hope to deliver a unique car store experience for Speedemission customers not just outside, but inside as well," added David Litty, President and CEO of Enclave Enterprises, LLC.
To view preliminary store renderings and floor plans for the new Speedemissions automotive centers, visit the Speedemissions' Facebook page at: https://www.facebook.com/pages/Speedemissions...047828743#
-------------------------------------------------------------------
NEW IR DEPT. JUST HIRED IN NOVEMBER....THE COMPANY HAS NOT MENTIONED THIS YET, BUT I LOOK FORWARD TO ANNOUNCEMENT TO BRING MORE EYES AND INVESTORS TO THE STOCK.
Fundamentally, Accumulate all you can imo cause the news, updates, and more will be more common back half of this year...I have done extensive DD here....this company will be profitable by q4/q1...this alone will bring in wall street investors, fund managers etc. to the stock...IR guy is already preparing the following for back half of this year into Q1 2014: (*already started some)
1-Scheduling and coordinating of corporate presentations at investor/broker/analyst conferences on Speed Emissions Inc. (SPMI)
2-Schedule television coverage and create relationships with national media outlets (Fox Business News, CNBC, Bloomberg, Today, Good Morning America, among others).
3-Local/regional media coverage in markets were franchises exist and new states entering.
4-Introductions to financial and other business development partner...(i.e. last Pr- Speedemissions, Inc. Signs Strategic Marketing Agreement With myEZ Car Care, LLC) (franchising.com)
5- Handle all telephone, email, letter correspondance and requests for client information from investors, shareholders, analysts, institutions and media. Coordinate, schedule and host conference call and investor presentation requests.
6- Enrollment into a national investor network program which provides investors access to a company's financial reports and fact sheet/profile. The network consists of over 100+ leading financial publications and Internet portals around the world.
7-Client profile and news releases electronically distributed to select investor databases, high volume financial web properties, on-line editors, high-profile bloggers, message boards and social media/news sites.
8-Assist in the creation, editing, publication and distribution of national press releases and distributing the release to national, sector and industry media channels.
9- Investor relations section of corporate web page audited for content and information. We can provide a drop-in, transparent IR page providing visitors access to all press releases, SEC filings, stock quote/chart, company presentations, media events, email alert access, among other information.
SPMI UPDATED DD MUST READ--> in 2014 you will see $1+... Look at this 10 yr chart at the bottom of my post....share structure is a bit higher, but not much....but much much larger revenues coming beginning to trickle in back half of this year and will visible more noticeable in 2014 when expansion, conversion of business model, and new upscale franchises kick in...*Remember this key....they are doing almost $8 million on a just a emission test alone. NOW, as around the end of Q3....now they are adding emission repairs which could run $200-$300+ per failed inspection.
**This is why I love this stock pps going up...way up!! THIS CONVERSION TO THE NEW BUSINESS MODEL WILL MAKE THIS COMPANY EXTREMELY PROFITABLE IF THEY EXECUTE THERE BUSINESS PLAN AS LAYED OUT...WE HAVE SEEN SOME EXAMPLES OF PROGRESS AND AWAITING MORE AS SPMI ROLLS OUT ITS STRATEGY.
http://www.nasdaq.com/symbol/spmi/stock-chart...lldown=off
---------------------------------------------------------------
Projected Additional Rev Numbers: Here is some math: $8M revs is approx. 350,000 emission tests at about $20-$25..Now, national avg. of emission test failures is about 5-10%....so that would be 17,500 to 35,000 cars.. With a cost avg. emission repair cost of $200-$300....Lets take the median avg. to fix and median number or cars...
So, thats approx. 26,250 cars x $250.00 = $6,562,500. or $6.5M (*ALMOST DOUBLING REVS WITH EMISSION REPAIRS) dollars is a rough estimate on Speed Emission capturing their emission failures...most customers are opting to do this since the car is already there....and they need to pass to get cert. sticker....THIS WOULD MAKE THE COMPANY ABOUT $5M+ IN THE BLACK AND PROFITABLE ALONE...NOW....because the were losing roughly $200k per qtr or $800k per year....mainly due store closings and reopenings....and various other accounting costs....
Now, add in revenues from conversion of stores to complete care care centers: (ONLY LIKE 2-3 test stores AT THE MOMENT BUT WILL BE EXPANDING THIS MODEL RAPIDLY). * latest pr in November said they already exceed revenue guidance numbers for these store that have been converted.
1- oil change, tune up
2- transmission
3- brakes
4- diagnostics
5- tire rotation
6- misc safety inspection repair
7-headlight restoration
AND....NOW LETS LOOK AT THE RECENT PRS with EXPANSION:
1- 24 NEW SPEEDY EMISSION TESTING AND REPAIR CENTERS....
2- PLUS THE ROUGHLY HALF THE STORES TO BE CONVERTED TO COMPLETE CAR CARE CENTERS....
3- AND FINALLY...THE UPSCALE MODEL FRANCHISE THAT IS NOW AVAILABLE TO 32+STATES.....4 -6 BAYS GARAGE+ MERCHANDISE AND EATING AREAS....ETC
4- ENCLAVE ENTERPRISES HIRED AS PROJECT MANAGER FOR ROLLING OUT NEW UPSCALE FRANCHISE STORES
5- NEW CARBONGA AP GETTING RAVE REVIEWS....MAYBE NEXT CARFAX TYPE BUSINESS
--------------------------------------------------------------
GAME CHANGING PR and Announcment...see below
Speedemissions, Inc. (QB) (USOTC:SPMI)
Speedemissions, Inc. Adds Project Management Firm Enclave Enterprises, LLC to Manage New Store Expansion
Speedemissions, Inc. (OTCQB: SPMI), a leading vehicle emissions testing and safety inspections company operating 38 stores in the Atlanta, Houston, St. Louis and Salt Lake City markets and developer of CARbonga, the revolutionary automobile diagnostic iPhone app, today announced that it has retained Enclave Enterprises, LLC, a leading provider of construction services to the automotive industry and other select enterprises. With offices and affiliates in San Francisco, Long Beach, Austin and Miami, Enclave Enterprises will operate as Project Manager for the development of the new Speedemissions Car Stores.
Rich Parlontieri, President and CEO of Speedemissions stated, "We're very pleased to be working with Enclave and their team of professionals which have been involved in over 300 automotive building projects with a combined construction budget of over $600 million. They bring solid expertise in automotive building services and project management. It starts with building design, branding, construction management, site selection and the delivery of the final product. By retaining a firm rich in creativity and outstanding retail store design such as Enclave, we hope to create an automobile repair store environment with an identity that will give our customers' a very unique and special experience."
"We are excited about the opportunity to work with Speedemissions on a project such as this. Getting to start with a true 'white board' concept that has not been previously structured by some other brand master will allow us to be creative and fuse together the myriad of ideas and designs that have been part of our vast experience in building more than 23 different types of other auto brands' showroom, service and retail facilities. We hope to deliver a unique car store experience for Speedemission customers not just outside, but inside as well," added David Litty, President and CEO of Enclave Enterprises, LLC.
To view preliminary store renderings and floor plans for the new Speedemissions automotive centers, visit the Speedemissions' Facebook page at: https://www.facebook.com/pages/Speedemissions...047828743#
-------------------------------------------------------------------
NEW IR DEPT. JUST HIRED IN NOVEMBER....THE COMPANY HAS NOT MENTIONED THIS YET, BUT I LOOK FORWARD TO ANNOUNCEMENT TO BRING MORE EYES AND INVESTORS TO THE STOCK.
Fundamentally, Accumulate all you can imo cause the news, updates, and more will be more common back half of this year...I have done extensive DD here....this company will be profitable by q4/q1...this alone will bring in wall street investors, fund managers etc. to the stock...IR guy is already preparing the following for back half of this year into Q1 2014: (*already started some)
1-Scheduling and coordinating of corporate presentations at investor/broker/analyst conferences on Speed Emissions Inc. (SPMI)
2-Schedule television coverage and create relationships with national media outlets (Fox Business News, CNBC, Bloomberg, Today, Good Morning America, among others).
3-Local/regional media coverage in markets were franchises exist and new states entering.
4-Introductions to financial and other business development partner...(i.e. last Pr- Speedemissions, Inc. Signs Strategic Marketing Agreement With myEZ Car Care, LLC) (franchising.com)
5- Handle all telephone, email, letter correspondance and requests for client information from investors, shareholders, analysts, institutions and media. Coordinate, schedule and host conference call and investor presentation requests.
6- Enrollment into a national investor network program which provides investors access to a company's financial reports and fact sheet/profile. The network consists of over 100+ leading financial publications and Internet portals around the world.
7-Client profile and news releases electronically distributed to select investor databases, high volume financial web properties, on-line editors, high-profile bloggers, message boards and social media/news sites.
8-Assist in the creation, editing, publication and distribution of national press releases and distributing the release to national, sector and industry media channels.
9- Investor relations section of corporate web page audited for content and information. We can provide a drop-in, transparent IR page providing visitors access to all press releases, SEC filings, stock quote/chart, company presentations, media events, email alert access, among other information.
