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SPMI -This one can get very interesting with a 19M

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Post# of 99183
Posted On: 01/16/2014 6:50:26 AM
Posted By: stockfalcon
Re: cb11 #32031
SPMI -This one can get very interesting with a 19M float and 38M OS. The stock had a nice run from under .01 to .09 and has settled as we speak just under .02. The PPS has been beaten down by impatient sellers and profit takers over the last few months, and it seems ripe again to make another run. The pps here is quite attractive at this level moving forward off the press release last week of the new business model stores. Its not everyday you find a penny stock doing about $8M in revenue a year and has 43 brick and mortar stores. Most penny stocks your lucky to find any revenue and sometimes even a business, but with SPMI, you have a yearly base of $8M revs and from what the company in announcing moving forward, those revenues can go up significantly as the roll out the new stores in 2014. Another important aspect a like with SPMI is the lack of dilution by the company and NO penny stock pump and dump promotion activity. They have been in business and public for over 10 years and still have a 19M float and around 38M OS...so we know the CEO here is not in the business of selling shares. SPMI is a pure organic play with some tremendous upside for investors like FVRG in which I gave you at about .07 and went to $2.00 for those that were patient. I see the same move coming for SPMI for patient investors. *Finally, I'm going to give SPMI a VERY STRONG BUY mid to long term buy.


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