Speedemissions Inc. (SPMI)

[Lazarus]

Yes, your right...

apologies (blame the Blue Dream)

Current debt is ~ $1.6 million

The have a shareholder deficit of - $5,502,599

As for : "Obviously deficit doesn't matter."

You might want to rethink that or at least read this article

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SNIP: "A Bad Sign"
A shareholder deficit can be, and often is, a bad sign. It means the company not only has been losing money, but has lost more money than its owners put into the company in the first place. Losses drain assets. On the other side of the accounting equation, a company that borrows money to stay afloat winds up with ever-greater liabilities. As the company accumulates debt, it has to spend more money just servicing that debt -- paying more interest at higher rates -- which makes it harder and harder to dig itself out of the hole. This is exactly the kind of spiral that sends a company into bankruptcy."
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And as for this statement:

"They have nice profit..."

It's abundantly clear that you did not read the filing - from the last 10Q:

While the Company reported net income of $244,807 for the quarter ended March 31, 2017, our profit included two non-recurring items. These non-recurring items were a gain of $199,910 from derecognition of accounts payable and a gain of $74,099 from disposal of non-strategic assets. Without these two non-recurring gains, we would have reported a net loss of $29,202 for the quarter ended March 31, 2017.

And as to this:

"most peeps even don't know if the tick that they trade is SEC reporting or Alternative reporting."

I'm not sure if this is a true statement or not but I would suspect that those who don't know what they are trading are probably not making much money let alone a living at it. (keep day job)

And finally to this:

"It certainly doesn't mean that company is planning to go dark."

That is true. I have owned some companies that terminated registration of their shares but did really well.

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Final note. Some shares were cancelled (READ S-8 POS (s)) and I would consider that positive. (in a small way).