Speedemissions Inc. (SPMI)

[Lazarus]

Worse case scenario is the company is unable to meet obligations and ends up filing for bankruptcy under chapter 7 - liquidates and shuts down. The positive is that if said company was an SEC reporting company then made a schedule 15 filing to terminate registration... the shares will likely continue to trade, however one can't figure value without financials statements so its all rumor/speculation.


In the best case scenario the company's termination is a money saving move and the company continues to report quarterly, either on the OTCbb website or on its own website (or both)...in which case its business as usual without the expense of SEC filings.

There are a LOT of in=between scenarios.