SPP a subsidiary in transition to $0 revenue??
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Posted On: 06/11/2022 4:05:24 PM
SPP a subsidiary in transition to $0 revenue??
So SPP migrated from $0 to $0 revenue?
Asking because how much of the general contracting services in the past five 10-Ks would you guess were attributed to SPP's business? Looks like a company has a truck or two with SPP signs on them in the photos? Have they been sitting parked for the past few 4-5 years? Hoping the prior general contracting services pay off with same customers buying solar panels.
Fingers crossed. Because I'm all about accounts receivables tied to real revenue recognized and listed in the filings.
Expecting a big jump in the shelter advertising revenues in Q2 since Covid is not much of a factor any longer. That would be a great signal to start to look at adding to my long term investments with 5 years still left on that statewide transit contract. Then there's all of the new bus benches installed (or already installed?) in Florida which should show even more revenue coming from the advertising business.
imho
cheers
Quote:
"During the year ended December 31, 2021, revenues Increased $88,565, from $289,028 for the year ended December 31, 2020 to $377,593 in 2021, as a result of more advertising revenues and less General Contracting services as the Company migrates away from General Contracting services and towards the development of Green Energy Projects
So SPP migrated from $0 to $0 revenue?
Asking because how much of the general contracting services in the past five 10-Ks would you guess were attributed to SPP's business? Looks like a company has a truck or two with SPP signs on them in the photos? Have they been sitting parked for the past few 4-5 years? Hoping the prior general contracting services pay off with same customers buying solar panels.
Fingers crossed. Because I'm all about accounts receivables tied to real revenue recognized and listed in the filings.
Expecting a big jump in the shelter advertising revenues in Q2 since Covid is not much of a factor any longer. That would be a great signal to start to look at adding to my long term investments with 5 years still left on that statewide transit contract. Then there's all of the new bus benches installed (or already installed?) in Florida which should show even more revenue coming from the advertising business.
imho
cheers
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