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  4. Speedemissions Inc (SPMI) Message Board

**IMPORTANT..READ to understand:  Currently most

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Post# of 84
Posted On: 01/29/2014 11:03:41 AM
Posted By: stockfalcon
**IMPORTANT..READ to understand:  Currently most of the selling is from paniced traders, frustrated traders and manipulators on the bid loading up.  AGIS is gone, that was the seller.  This stock was easliy manipulated down after convertible hit the market and bottomed out here on the negative sentiment.  The pps atm is a joke and market cap of under $400k reflects about 2-3  weeks of sales by the company.  The os and and float were confirmed last week by IR of around 44M OS and 22 M float.  These numbers according to IR will not change anytime soon.  There is NO convertible debt left in the market except from TCA   2M shares or $100k that are resticted to later in the year, and I was told that deal will be renegoitated and the ceo will not let the deal hurt the pps. He saw what just happenened over the last month on the last convertible. I will cut him some slack and believe him cause after all the company has been trading for over 10 years, has over 100 employees, 43 stores and the OS  of 44M is very low, in other words, he is not like most peny stock CEOs that sell stock to support their hobby.


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