I stand corrected!, I'm a little too ambitious for this company! say earning is 17mil, we'll say for the quarter, most of the sales in the three months prior to 10q. with the os of 700mil gives a eps of .025/shr with a p/e of 1.29 gives us a !current! price target of .032. But the p/e will kick up once we have better annual sales, and better stock prices, once the os drops we will then have better eps, hard to say what it can reach, need to retire some shares, and stay inline with projected sales!

I got the current valuation of .42c. P/e 1.29 * annual projected eps .33/shr = .42c. That is currently, without the spike in revs and share price :)

Hope we see some April sales tomorrow! that could give us a rally til Tuesday hopefully!

fine I'm lazy! Live in Indiana, might if spng pays off lol! I was suggesting a vegas spng shareholder meeting on metter's tab, lol

Got a link?

I got td. Got .0158 you using command center or older version? Last sale at 5:20pm @ .0158 can u confirm?

just multiply the p/e x the annual eps then you get pps! Something trades very tight like MOS pe 5.89 eps 6.87 = 40.46pps. Stock is sitting at 40.45! The average pe in spng sector is 16ish. As the p(pps)/e(annual net income) moves up on spng and the annual eps moves up then spng looks VERY good! Spng has a p/e of 1.29 and projected annual eps of .33/shr. That puts us at .42c!!!! We are no doubt gonna to be very well off when investors see next 10q and they are inline or greater than expectations! GO SPNG!

"Looks like SPNG is going to do a buy back of near 660 million shares! that would leave 149 million outstanding.. Now with the earnings they already have they would have an annual eps (earnings per share) of 33 cents.. if they had a pe (price\earnings) of 1 the stock would be worth 33 cents. However the avg stock in their industry has a pe ratio of 16.2... now lets be conservative saying they would only have a pe of 8... the stock would be worth $2.64 per share... and if it was a pe of 16 it'd be worth $5.28!!!!!! I don't know how you couldn't buy this stock!!" Robert Wilson


Got this as a post on another board, any validity to it?

That's very true, The past year this stock has been amazing to day trade, gains of 10% a week and time it right 20's - 3x profit, no wonder the volume is high, where else in the stock market can you get consistent high % gains!

I thought last night we were all on the same page? What's up with the haters. Simple solution love or leave it. It seems to me that people are intentionally trying to ruin this stock. Thanks for the advice cause i know all you want to do is help us out LOL IMO

Can we expect april sales numbers tomorrow!?

Incredibly, also hey investors need sponges too!

It might be true if spng was just making like a windex ripoff or another carwash liquid. There system is unique, cost effective, environmentally friendly, and easier to use then traditional cleaning methods. They have a good shot at making it big and cutting some legs off the competition!

L2s keep getting higher as well. Lowest ask is .0137. Hopefully there are some buyers!!!

Yep, stoch is buried! The way the stock is going they might need to readjust the scale, lol

Lol I remember that from yesterday! The L2 supports that, highers on the ask and lower on the bids. Let's hope that we can gain some resistance at the .013 level and move on from there!

lol, one year later, but honestly without this stress spng has been an EXCELLENT pattern day trading stock, 10% a week ez if not more for the past year, then a final run up! man

Good point,
At first I don't think they had a choice, but to dilute shares, how else would they fund growth!?

Noticing if they want to build a LARGE company they can't rely on us to fund them, through diluted shares (gag, needed as not to contradict promises)

Next logical step!

Buy back 500 million shares in three days, right before the 10q, create a huge interest, make good on promises!

Retire 500 million shares, announce 10q, hit hard with PR, lift gag get a beginning LOC and increase share value to get larger and larger LOCS, then good game!

Spng financing is genius, they funded thier own growth with good PR, dilution, and well us of course! Add transparency and you now have a high valued stock and 150+ million a year(rev) company!
Kudos!

.2!! Vegas spng shareholder meeting, lol I'm retiring!

Well, sounds good, they really have put themselves OUT there too. I see spng products, advertisement, and tv interviews with mike, their product range is HUGE this should be a great company and think we got in for DIRT!!!

The lifted gag hasn't been publicly announced yet has it? Just in emails right?

seriuosily!! cmon! I am looking for someone but i hardly know him, mspenny now thats a name I can fall for ;) and I pessimistically agree, lol so no i'm undecided. We will have to wait.

I'm with you, Just hard not to get a little caught up on the forums alot of sides being thrown around, I'm jsut trying to sift thru the 76k post and see what will help me trade this better. If the gag is lifted, that would be great, until then your right another down day!

CNBC nice!!! That's good, investors need sponges too, lol

relax, i am being postive ( about the facts ). He didn't say for 100% certainity he was he just said yes. I am investing alot of money not on bs one word answers but on FACTS!!! I honestly hope he lifts it i want to see this go been with spng for a year now and love the company! Sorry to offend, not my intention! Just here for good discussion.

yes he denies it, or yes it is verified, lol no straight answers!

Ok sounds perfect, If you want to make a legit company that is. Build a PR stock, get private investors, and a healthy stock rep, then use the other shares that rme has to trade for capital in funding growth. Let them short it!!! they need more capital for growth. Plus we can pick up some more trip 0s, and when then actually have legit financing and profits to drive growth then they will be more concerned with pps. If that is the plan then genius if not i hope they get leaked and runied!

ok that makes sense, honestly though doesn't sound shady at all. Sounds genius! without capital they would have a single sponge on the shelf at the moment. Sounds like the 5 million was an attempt to get away from that and actually build share value. IMO

I though they can ONLY sell the stock back to spng!! How can they be shorting it? That would imply selling to short, but they can only sell to spng! It can't be them unless illegally.

I don't know. I was looking at signals and only one gave a buy. Stochastic was bottomed out now flat line. MACD is still going down. People that trade on signals aren't ready to buy the stock. There is still more room to fall. It broke the resistance it had set at .014 for the past 3 days. and now set a new low. It needs to bounce off the new low a few more times to be a definitive buy. I wouldn't buy a share yet! Until it establishes a resistance. Then again spng was never traded on signals but ONE time!!!! i'll show u instance if u really want to know!!

Alot of questions that definitely need to be answered! Since RME can trade the shares, they got them all at incredibly low prices, would be idiots to do so at a loss or break even, unless they need additional capital for overhead. Smart thing for rme to do is wait for the boom as well, unless they know something we don't!? Not to add to the theories, but honestly I think rme and spng are not responsible for the recent drop. Why mess with 100k when your doing 120 mil a year potential! WHY! It is the short sellers! After the conditions are right, this stock IMO is going to take off and never return. This may be there last chance to short with these kind of profits. Short another OTC that isn't making money and only promises and it may never return. Spng on the otherhand is making money, they know it's resilient as long as the profits keep coming in, the demand and hype for this stock will continue to rise and so will the shorts! But hey they wanna take it down to .006 again :) i love 5x profits! keep pulling in your 30 mil in revenues and watch it continue to bounce back and forth.

Hey maybe they have been reading the forums! No z trades today. I'm reading after hour volumes of 37,000 @ .0133!! The pattern has been down days on high after hours volume. Could be completely unrelated. Anyone look at L2 is that knight investment group offering up those shares!?

That strategy dlewisfl can make you 10% a week for nearly the past year! However, now this pattern is bone dry! You know I'd almost be happy with the good ole days of spng when we could actually make money pattern day trading, rather than this enviroment!

I am with wolveryne, We own this company!!! We want answers we can get them!!

I agree, they could legitimately make tons with this. I assume these guys are all pretty smart and know exactly what they are doing. Why finance through a bank when you can sell stock to pay for the overhead!? The problem is, we are the ones that trade the stock and have stuck with the company for a year now. Our capital has provided the company with growth and a somewhat credible stock! WE built this company! We've waited long enough. There sitting on millions in profit and stock, when is our turn!!!

Can we expect a sales number today!?

I'm waiting for the weekly sale update tomorrow. I bought at .0205 and will sell hopefully on the spike. Which I should have done last week :( and wait for the new bottom! Last wed went back to .021 now .014 man! It hurts to see that much loss but hopefully I can make a move on the sales hype! What is everyone's est on the new bottom I heard .01, but lower would be nice!

It can't be the company holding back trades. This company's potential could make them much more then manipulating a penny stock. Spng had said 7 months back that the stock was being targeted by false sells driving the stock lower. If they still plan to grow, they need to address the problem asap!! Otherwise this stock will have a bad rep to investors and scare away buyers. Why!? I am patient and investors need proof to buy for the long term and not buy up millions in shares just to have it popped and lose it all. I think investors are weary after the commodity bubble popped and are looking for sure things. This stock at the moment even with the recent sales is speculative. A definitive sales pattern needs to be developed in order to attract the already bruised investor psyche!!!

Price estimate after next 10q? anyone know or can estimate?

Bought at .0205 2 weeks ago, been watching this stock for 9 months now. Been reading the post watching religiously, waiting for the right moment to buy, after the 10q I thought it was over? We have been waiting for them to make good on their promise and make money! Now they are and alot! So ? I am NOT selling my shares even though the possibility it could go down and stay there for awhile! I'm in it for the long haul. Anyone got an accurate estimate if sales continue stay on track next 10q???