Wednesday, April 12, 2017 2:55:06 PM
I think its going to be dead money for quite some time. Let's see how the next Q looks.
It's really quite simple, the company needs to Start making money (instead of losing it)
If they can do that then gradually the negative valuation of $5.7 million can be chipped away. It will take YEARS my friend.
In the mean time better sub-penny speculative plays out there:
PEWB (coming out of bankruptcy could go to the .01 to .03 range
AMMX does heavy equipment rental and is located near Oroville dam. (huge OS but if they stop dilution it could run on fundamentals.
There's quite a bit of info available on both of them. Still risky, lotto types, but methinks better risks at these levels than SPMI.
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