[b]SPHE .0065 Buy Out By The Powell Group:
Spearhead Ltd Inc a subsidiary of Spearhead Management Canada Limited was aquired by The Powell Group sometime in 2010 not only that TPG owns 4 other companies but from the original site of Canada's Industry about Information and Communications Technologies (ICT), Spearhead Management Canada Limited has earnings posted of Total Sales $CDN): $10,000,000 to $24,999,999.
At a maximum of $CDN 25 Mil in sales, we are looking at a PPS value of .1262 almost 13 cents.
http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPr...p;lang=eng
For the 1st time a Canadian company trading in the Pink Sheets is not filing and not pumping a stock almost as if they dont want to be noticed, so far they have been doing a great job at beign absent, but quick bursts of accumulation take place at a constant rate without fail, and there is plenty of info online about the company doing great.
Just got off the phone with pacific stock transfer regarding SPHE, here are the new numbers:
O/S 65,296,488
A/S 200 million
Restricted 41,160,829
if 28,535,961 mill of the o/s is held by insiders, then the real O/S is 36,760,527. So subtract that from the restricted shares and the float is now 12,624,868...So if the company has already bought back over 7 million that leaves a float of 4 million. with a market cap of 260k this should be trading in pennies..
