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SPMI
Updated the board today for Speedemissions if anyone is interested.
http://investorshub.advfn.com/boards/board.asp?board_id=6535
Entered into agreement for 38% business expansion.
Achieved profits to cover operating expenses.
O/S less than 6M
Float less than 2M
Company website informative too.
Enjoy your weekend.
Share Structure & warrant exercise prices-- from October 15, 2007 SB-2
We currently have 5,162,108 shares of common stock outstanding.
Our largest shareholder, GCA Strategic Investment Fund Limited, and its affiliates, own 3,379,361 shares of our common stock. Upon exercise of all outstanding warrants at exercise prices between $0.30 and $0.90 per share and conversion of their Series A Convertible Preferred Stock, GCA Strategic Investment Fund Limited and its affiliates could own up to 10,056,859 shares of our common stock. Barron Partners LP could acquire up to 31,481,930 shares of our common stock upon the exercise of outstanding warrants at exercise prices between $0.30 and $0.90 per share and the conversion of their Series B Convertible Preferred Stock. If either of these shareholders sold a large number of shares of our common stock into the public market it could have a negative impact on our stock price.
2007 Cash flow "sufficient profits to cover operating expenses"...
From 10-QSB ending June 30, 2007
Prior to January 1, 2006, we had not generated sufficient cash flow from operations to fund growth as we continued to acquire and open new emission testing stations. However, cash flows from operations for the last eighteen months have generated sufficient profits to cover operating expenses , and we have used some of these profits to generate organic growth and reduce our liabilities. Overall net cash flow from operations may be adversely affected in 2007 as we continue to invest in new emissions testing stations in the new markets of Dallas and St. Louis and increase the number of stores in our existing markets; however, we do seek to effectively manage expenses associated with our existing operations and working capital to mitigate the adverse impact our growth initiatives are expected to have on our operational cash flow.
Expansion: From August 16th, 8-K...
On August 9, 2007, Speedemissions, Inc. (the “Company”) entered into an agreement with one of the nation’s largest broadline retailers, which provides for the Company to locate a testing site and conduct its business at up to 13 retail locations in the Dallas – Ft. Worth, Texas metropolitan area. Pursuant to the arrangement, the Company will be responsible for providing all necessary fixtures and testing equipment, staffing and facilities and conducting the operations of the testing centers as each of the locations opens. If operations are commenced at all of the potential locations, the total number of testing sites operated by the Company would be 48, representing a 38% increase over the Company’s current 35 testing sites. The Company expects that its net cash flow and profitability may be adversely impacted as it invests in the infrastructure and incurs the startup expenses necessary to open those new locations.
Seems like there is one day of selling per week (debentures?)-- but moves up quick with any buying.
I agree everything is falling into place nicely. Looking forward to 2008.
PDPR .026 x .028 chart below..
Chart looks great..
A little buying pressure could make this interesting...
PDPR...
agree!
PDPR .027
Hi all. Thought you might want to do a little DD on this one. Expecting some good growth for 2008. Could be turning around...but most importantly.... excellent product. :)
O/S approx 105,000,000, float approx 35 M
Please do own DD.
PDPR .027 x .028
looking good!
OT: Just a quick thanks to this board for some super picks of late!!! Much appreciated!
I'm sure there are. I just see it differently. IMO.
"They took a company that had great cash flow (if you believe the claims regarding the pit assets, it's prime location, the use of their own trucks,the Katrina-related constructions projects that they had contracts for, etc, etc.) and drove it into the ground."
or...
"These financials will point out to shareholders what has been accomplished by our company since the end of 2004, when our revenues were just under $500 thousand for the entire year."
I guess I see it differently. IMO.
Grew too fast, and made some costly decisions, IMO...
Scammers wouldn't pay shareholders .03/share when the market was selling at .02 or less.
They have enough assets to rework their $$$ crunch and streamlining businesses won't hurt either. IMO They aren't going away.
Just a question about where the bottom in share price will be.
.004 is a 10 million market cap...
.004 and a 10 million dollar market cap.
What about those 2005 and 2006 numbers? Everyone here giving up?
http://www.pbls.biz/pressrelease_content.asp?prid=111
Yes. The people who believe PBLS will still be around in 5 years to cash them out at .08/share, IMO.
"Phoenix management apologizes to all of our shareholders for letting ourselves become involved in this situation, but we assure our shareholders that we will overcome this situation."
What are we overcoming? How does the info about Mike Riley posted on that link effect the company? Are they saying similiar fradulent activity was commited against PBLS? Is PBLS left holding the bag?
Might explain a possible cash crunch...
But then again... who can know?
Interesting though.
Is Mike Riley one of the venture partners spoken about in this July 27, 2007 PR?
Phoenix Associates Announces Major Additions
Company Reports Additions to its Mining, Oil & Gas, Aviation Division, and the Sale of Two Companies into a Separate Public Company
MADISONVILLE, LA--July 27, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC: PBLS) today announced a number of major additions to its mining, oil & gas, aviation division, and the sale of its two pool companies.
Paul Alonzo, President and CEO of Phoenix, stated “For the past three months, Phoenix has been working with and is now partnering with two groups that are located in Florida, Ohio & New York. One of the groups has been in mining for over a hundred years and is one of the largest mining companies in the world. The second group was a leading player in the waste management business in the New York area and now has interests in mining and trucking in the northeastern United States.”
Mr. Alonzo added “Together, with these two groups, our company is expanding its mining and trucking operations beyond its current gulf coast area and will be greatly expanding the capacity of its Murphy Sand and Gravel site in Pearl River, LA. Because of the high level of technical competence and experience in mining being brought into Phoenix by these groups, the Pearl River site will be mined much deeper than previously expected, therefore yielding vastly larger amounts of product than previously thought possible.”
Products from the Murphy site, together with products from other sites outside the area that will be shipped in, will be vital to the ongoing reconstruction of the infrastructure levee systems and housing in the greater gulf coast areas of Mississippi and Louisiana.
Phoenix indicated that numerous mining deals that the company was incapable of acquiring on its own are now not only possible, but are now being completed.
The first series of new acquisitions are a group of strip coalmines in the southern U.S. These mines are currently in operation and profitable. These mines have huge deposits of coal (non-sulphur) and limestone, which is the sandwich material between coal veins. Phoenix will have these huge amounts of limestone shipped to sites in the gulf region for use in rebuilding projects.
Phoenix has begun purchasing crushed stone facilities to feed these products for processing into specific materials needed in building levees and concrete for roads, bridges and other construction work. The first of these purchases was Southern Concrete Crushing, as previously announced.
Mr. Alonzo added further, “Because of our new venture partners, certain contracts that were previously unavailable to Phoenix are now being made available to us. We are now expecting revenues and earnings from these operations to far exceed the current total revenues and earnings of the entire Phoenix group of companies as they are currently structured.”
As part of the Company’s agreement with its new venture partners, many companies they currently own will be placed into the Phoenix group of companies to allow growth and expansion far beyond the current abilities of Phoenix and far beyond the physical boundaries currently supplied by Phoenix.
Another area of Phoenix expansion with the new venture partners will be in bulk fuel sales (gasoline, diesel fuel - both on road and off road, and possibly aviation bulk fuel). Phoenix is closing on its first bulk fuel storage facility acquisition next week, a facility located in southern Mississippi. Phoenix expects a very strong move into this market over the next few quarters.
Current fuel requirements for operation of equipment at the previously mentioned mining and crushing sites exceed $500,000 every two weeks. The Company expects to cut that cost by about one third by supplying its own fuel.
These mining and oil and fuel sales expansions are, by far, the largest undertakings in the history of Phoenix Associates Land Syndicate and are far larger in both assets, net worth and revenues than the entire current Phoenix group of companies.
Another area of expansion will be in off shore investment banking. Phoenix is currently expecting to acquire an offshore trust company and two more offshore banks to add to its first acquisition of the trading platform, investment bank and managed insurance company in the Caribbean that was announced recently.
The Phoenix Aviation Group of Companies (Best Jets) will be adding charter operations out of south Florida in the immediate future, with many other exciting announcements to soon come out of the aviation division.
The Phoenix Construction division expects to sell its two Michigan pool companies in an equity transaction to a public company that is focused on the backyard leisure market. As a part of this move, Phoenix acquisition personnel will assist in expansion of the public company and Phoenix will participate in the growth of that public company via a significant equity position. As more specific information is available it will be announced to Phoenix shareholders.
On the financial side, Phoenix is building a new facility to house its accounting department. This attractive building is located next to the Phoenix main office in Madisonville, LA. Because of the vast expansion of the Company previously mentioned, Phoenix is in the process of hiring approximately ten more people in its accounting area and current office space is far too small. The current accounting offices will be taken over by fuel sales and administration personnel from our bulk fuel and oil division.
Lastly, Phoenix will be making changes to its preferred and common stock structure. All series of the Company’s preferred stock will now be both assignable and transferable so as to allow preferred shareholders the flexibility to sell their stock privately or to use it as collateral should they see fit to do so.
As an essential ingredient in the Company’s new growth plan, its Board has approved an increased in the number of authorized shares of its common stock from 1.75 billion to 2.5 billion shares.
Under the new growth plan, it is expected that the Company’s new venture partners will be acquiring a very large position in Phoenix common stock of well over one billion shares. They have committed to over the counter purchases of approximately two thirds of the amount they require, with the balance to come from Phoenix as certain acquisitions are made, contracts are granted, and sales and profit projection are achieved that are attributable to their efforts.
Phoenix wants to point out to all of its shareholders that this group is not doing this for any reason but to make money, and the money will be in the future value of Phoenix common stock. Phoenix estimates that its stock is currently trading for less than one quarter of its net worth value per share. The Company is confident that the growth plan being implemented, with the involvement of its new partners, will likely bring a strong increase in shareholder value for all shareholders.
About Phoenix Associates Land Syndicate
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. For more information, visit www.pbls.biz
Forward Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect", "intend", "estimate", "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
Contact:
Mike Mulshine
Osprey Partners, 732-292-0982
Email: osprey57@optonline.net
Mention of SPRL .0026/.0028 here
Sep 04, 2007 (M2 PRESSWIRE via COMTEX News Network) --
RBC update: The Board of Directors of Gazprom Neft will consider the
approval of a joint venture with LUKoil today. All the necessary
documents have been prepared, LUKoil's Vice President Ravil Maganov
told journalist today. He added that a representative of LUKOil will be
the new company's chief for the first five years. Both companies are
expected to contribute part of their existing assets to the joint
venture. Maganov also said that the new company will participate in
various tenders.
Aton Capital has maintained it's "buy" rating on Lukoil with a target
price of 88. On August 30, 2007, the BoD meeting of Lukoil (LKOH) was
held to address the company's H107 preliminary results and YTD
execution of the budget. The company's investment program for 2008 will
amount to $10 bln. A decision was adopted at the AGM to add a provision
to the charter about 85 mln authorized shares, which accounts for 10%
of the total number of Lukoil shares. Aton Micro Strategies, a pilot
division of Aton Research, has also initiated coverage on Strat
Petroleum (OTC: SPRL) with an initial "buy" rating and a target price
of .11 based on acquired reserves and several pending Russian related
cooperation contracts.
The net profit of TNK-BP International Ltd. Under US GAAP dropped 30
percent to $2.03bn in the first half of 2007 compared to the same
period a year earlier, the company's official documents state. Sales
revenue edged down 6.2 percent from $18.02bn to $16.9bn. Pretax profit
went down 30 percent to $2.872bn in the first six months of 2007
against $4.126bn in January-June 2006. The company's assets increased
by 5.3 percent and amounted to $24.85bn as of June 30, 2007. TNK-BP
forecasts that its oil output will reach 73m tonnes in 2007 (including
Slavneft's production). Meanwhile, the company's output is projected to
edged up 1-1.5 percent in 2008.
Rosneft is preparing to issue 3 ruble-denominated bonds for a total of
Rub 45 bln, a source close to the bond arrangers told Interfax-AFI.
According to the same source, the issues will be equal in terms of
volume, with the first scheduled for flotation by the end of 2007 and
the other two in 2008. Maturity of the fixed-income instruments will
not exceed 7 years. Investment company Troika Dialog, Gazprombank and
VTB were appointed as bond arrangers.
Investment bank UBS has raised its target price for American Depositary
Receipts (ADRs) issued by Golden Telecom from $43.40 to $72.00 per
receipt, the bank said in a note. The recommendation on the stock was
lifted from Sell to Hold. UBS revised its forecasts for Golden
Telecom's financial indicators and incorporated Corbina Telecom into
its valuation model. Based on the revisions, the new target price for
Golden Telecom's ADRs came to $72.00, which implies 6% upside to the
current stock valuations and a Hold recommendation.
RosBusinessConsultants is a prominent and rapidly growing media and
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SPRL .0031/.0032
moving up on good volume
I just got a reply from TA today with the following:
"The total o/s for SPRL is 383,446,351 shares. The authorised is 500,000,000 shares."
No increase.
confirmed.
Louisiana is the "Soon" state
IVGR-- .017
Fun stuff- Out at .015 here... (way?) too soon I guess! LOL!
Watching and cheering for the rest! :)
ivgr .009...
unreal!
Please contact the company to verify if you are interested-- but, IMO yes-- you've got it.
According to the release, the company will cash you out within 5 years, paying you a $.60 annual dividend on each $10.00 share until that time.
If all goes as company outlines in PR, my calculations say approx. 3 1/2 years of dividends will cover your initial investment at this time. Rest is profit.
PBLS .0125
Watching for open, white candle today... :)
Also: note opportunity for the preferred share conversion (below) from these levels...
Enjoy your day!
MADISONVILLE, LA--May 9, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC: PBLS) today announced that it has set August 10, 2007 as the last day shareholders will have the opportunity to take part in the voting preferred stock participation program.
Phoenix shareholders are hereby reminded that they will have a value of $.06 placed on each share of common stock they submit for conversion by August 10, 2007. Thus, for each 167 shares submitted for conversion the shareholders will receive one share of $10 par value voting preferred stock. Each voting preferred share will have 167 votes. Holders of the voting preferred stock will receive an annual 6% cash dividend (paid quarterly) and the voting preferred shares will be redeemed within five years.
SPRL .006
great volume so far
SPRL .0055
Outstanding Ken! :)
PKGH .14
Magic box Ken? :)
Hi Doubloon
Thanks for keeping this board going!
Hi Ken,
Or... when a stock moves that well- TAKE PROFITS! :)
The signal you are talking about, is this outlined somewhere? I'm not sure I know what you are refering to...
PDGT signaled sell before close yesterday.
When a stock moves that well watch out for profit taking. You have to be right on it.
Yes, PDGT has been quite fabulous..
Selling... hmm.
Until I figure out a better way, I just 'cash out' a set amount of $'s every 25% increase. It's cautious, but allows me to buy back in if the price drops.
I use excel to determine the best ratio based on the number of shares I hold. I just set my sells... and wait.
If PDGT hits .024, it will graduate out of my portfolio! Then I'll be watching from the sidelines... :)
.033 and over 10 million traded in 1st hour
great day so far!
MMG
PBLS has some very exciting days ahead... Countdown to the much anticipated financials has begun! :)
DD + chart would seem to support much growth on this one...
PBLS .03 and PDGT .0125
Both still moving well.
PBLS .0248 and PDGT .0085
Great, super green finish for May! :) :) :)
PDGT .009...
Yes, It's a beautiful thing! :)