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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Speedemissions, Inc. Introduces Fresh Branding and Customer Experience Initiatives With New Name, Logo and Store Design for Its Repair Facilities and Emission Stores
ATLANTA, GA--(Marketwired - Jan 7, 2014) - Speedemissions, Inc. (OTCQB: SPMI), a leading car care company providing vehicle emissions testing, safety inspections and light automotive repair operating 43 stores in the Atlanta, Houston, St. Louis and Salt Lake City markets and developer of CARbonga, the revolutionary automobile diagnostic mobile app, today announced that while its corporate name will remain the same, it plans to operate its stores in 2014 under two new brands, " Expresso Emissions " and " Expresso Car Care Café ." Expresso Emissions stores will continue to provide vehicle emission testing and/or safety inspections in those markets where it is required, as well as selling light bulbs, wipers and headlight restoration services. The Expresso Car Café facilities will handle the same services, plus emission repair, diagnostics, engine tune-up, brake repair, radiator & air conditioning flushes, oil changes and more. These name changes reflect the company's continued commitment to its core business of vehicle emissions testing and safety inspections, while expanding its emission repair and light automotive repair model with an entirely new concept when it comes to the automobile services industry. To view the new logos and store designs please go to the Speedemissions website at www.speedemissions.com. "Expresso Emissions and Expresso Car Care Café, with their new names, colors and logo design make a strong statement about continuing to perform our services in a fast, efficient manner. And, since we're not able to retrofit any more of our existing stores into a repair facility, we've created an entirely new store design and concept that we believe fits today's and tomorrow's automotive services customer." "Our Expresso Car Care Café store will be uniquely more than just another auto repair shop or garage. It will provide a whole new experience and a comfortable environment for our customer. It's one that begins when a customer drives into the parking lot and looks at the building design. What they'll see is an automotive services facility that has a ' You Really Are Welcome Here ' look and feel to it. With lots of glass, warm lighting and soft colors, the Expresso Car Care Café will embrace our customer's arrival and serve as an experience to look forward to with every visit," stated Rich Parlontieri, President/CEO. Parlontieri further explained that, "The Expresso Car Care Café store will be between 3,300' and 4,400' square feet with either 4 or 6 bays for automotive services and almost 2,000' sq. ft. dedicated to the 'customer experience.' The new stores will provide customers with an internet café with free Wi-Fi and secured tablets to use while getting their car serviced, the opportunity to shop for a broad array of merchandise beyond wiper blades and light bulbs with up to thirty linear feet of shelf display, or a place to just sit, relax and converse with other customers with a cup of fresh coffee. In addition, for the customer who is in a hurry and can't wait for the job to be done, our valet service will provide them with transportation to and from work or home." "As a means to accelerate development, Speedemissions will not be in the real estate business but rather will be working with several of its current landlords to become partners in the project. We expect to open 2-4 Express Car Care Café stores in 2014. With respect to the current Speedemissions testing stores, they will, over the course of the year, be rebranded with the Expresso Emissions logo design and colors but will not be converted into Expresso Car Care Café stores because of existing building constraints," added Parlontieri. |
