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Yes they are the directors, and I will begin to do an extensive background check on the new managment. If the performance is above board, compensation is fair, but the board fiduciary obligation is to the shareholders and i believe that its our due diligence as investors to investigate who and what is doing what and for whos benifit. If ther is anything out of line its our duty to report it accordingly. I want my stock to go up also, but the directors can not manipulate the movement to line their pockets at our expense. I will do may share in looking into some individuals, and I will report it to this forum as that is only fair with a public company?
Thank you Steel!!!!!!!!!
Did anybody see the dilution today. The new CEO was granted 6,000,000 options a few months ago at that days closing price of .14c.
That is very typical, and as the stock is much lower today the incentive for him to create the value is very strong.
it seems that they changed the deal today. And screwed the shareholders.
They granted him 3M shares at todays price of .06c.
How can they change the playing field like that? What happened to the deal made and announced publicly in the 1st Quarter???
Something is not right in pickle land and it will be sniffed out.
I enjoy this forum because of the opinions that aregiven. Especially the ones that can be justified via the math. This stock just has bad math and the leadership, former and current, are the only ones to make any money. EVER. Maybe if they truly invited an independent shareholder from the public pool would we ever have true representation. i understand there may be a potential shareholder suit in the making?
That sounds a bit.....like .....insider trading and I wonder why that would be flaunted. If you know something and the playing field is level, then you have a duty to share as this company is public and any info you may ellude to in a public forum should be public and used in that manner.
speculation is great and I am all for it. Net assets????The assets of any restaraunt are really about 10-20c on the dollar?? No where near 5M
why. please share the facts behind that statement.
It is very realistic for this company to be at.02-.03c. The debt plus the liens that its vulnerable too can push the stock to ZERO. Maybe a white knight will step in, but that will devalue the shareholders beyond belief. Either way, hhhmmmmmm....
I hear ya. This one may sit at a couple of pennies before many forces help out.That really could be a few or more years.
.05c....Any news.
When is Q2 coming out?
Thank u for that report. I have read that through a google search. I appreciate the insight, however, i do believe there are material facts that were not available at the time that may give more insight. i live in Denver and am very close to this company. There are rumblings in the local industry that will soon be brought to light and will give us investors more insight as to who the players are and the agenda. Both of which i do not see being recieved well by the investment community.
Thank u all
alliangel..I am not sure what you are referring to in your PM. I have read all reports that I know of. Please share if i am missing something.
I know that there are some savvy investors in this forum. With that said, it is fairly obvious what this letter is. A CAPITAL call!!!!! I am not trying to provoke a discussion that is negative, merely looking at the facts and the overhead/ payroll/ and revenue stream. This is setting the table for the shareholders to know that they need more money. I will share my findings as I drill down into the current managments prior business endeavors and the sucess and failures. The 2M credit facility is already substantially tapped and the debt service alone could prove to be unmanagable.
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I hear ya. At the end of the day we are all beaten up by the falling knife. Im hangin in too..I believe that if we are hear in 2-3 yrs, then we may be in the teens and hangin in there. I say that bc a ton of options strike at those levels and that is an incentive regardless. So, lets enjoy the fun and take it day by day.
hhmmmmmmmmm..
When are the factual numbers going to be released?
I never had any posts removed and have no idea what u r talking about? sorry if the facts and fundimentals of spkl are getting u down. I made 0 money and am holding onto a healthy loss. Seems as if u r a speculator when it comes to the facts as well as stocks. Remember, we all have a common goal as investors, to make money. We can still have our opinions on the matter and the companies.
Thank U Aston, I would love to share with you my research that I have compiled. I have not owned the stock for that long as I only starting buying at current levels, and cautiously at that. I have studied the industry for 25 yrs and specialize in small cap restaraunt follow up cash calls and how they are structured. This one has red flagged me for awhile, and the lack of info that has been shared with shareholders is simply not fair. All we can do is watch. I live in their area, and am close with some key personnel that have kept me posted, and as an investor I will share these items when the necessary docs are in order to justify the actions. Thank you and as I said before, lets keep our fingers crossed. Any idea as to when they will release the Q2 numbers as I have been unsuccessful in finding that out?
Remember Aston, we are allies as investors who have a common goal. making money! The signs , as u point out, ie. spread and volume are very scary
100 restaraunts???where?? There are 57 including Bread garden. if my facts are wrong, please let me know and I apologize. I have been an investor for 25 yrs. and followed this stock for 3. math is math, as the market teaches us every day.
I do understand Aston, however, is your 2 man company straddles with 4M in debt?????? Value is a dollar figuire Minus the debt!
lets keep our fingers crossed.
Ok, Maybe not .01c....BUT, not 6 million either??? Somewhere in the miidle is a value that the market will bear? Maybe 3-4 cents, or 2.5-3.5Million.
I do appreciate your commentd Aston, however, i think all the bad news is not out yet. I believe the outstanding shares to be closer to 90M. And growing. the granted options in the last few months are not reflected yet, and SPKLs failure to release earmings in a timely manner are disturbing.
There is embezzlement allegations yet to be reported, ie. covered up?
The leins and debt against the equipment are tremendous.
The company needs to clean up their laundry list and prune some dead wood. Whether u take me seriously or not is not important to me. The facts speak for themselves and the numbers do not lie, UNLESS, of course they are dressed up innapropriately.
Thank u
why? Please help me understand. Dont get me wrong, I am a shareholder and want growth. They will get better, but bc the management artificially inflates the stock bc he has optiond and needs to make money? Or bc the value is there. this stock will go up, but first we need to find a real valuation. That is .01 to .02. AND watch the number of shares as that is the dilution that the company continues to create. Thank u. Just looking at a stock purely by the numbers.
The market trades on speculation, which requires a quick trigger finger to sell. The reality is this stock is REALLY worth only .01-.02 cents on a true value basis!
what.......makes no sense, but i would love to discuss the numbers and give u a chance to show me here the value is? at a market cap value of almost 6 million, which is 150 % of total revenue, this stock is way over priced. It may be worth .02 a share right now, and thats figuiring in they have a real plan for all their debt
5
well kngmaz... i am concerned. wheres the news. or r u manipulating the market with your speculation. That is disingenious. If i am wrong, sorry, but u owe this forum an explanation.
well kngmaz... i am concerned. wheres the news. or r u manipulating the market with your speculation. That is disingenious. If i am wrong, sorry, but u owe this forum an explanation.
Have we all really looked at the numbers and the c level salaries. For the CEO to receive 225k annually PLUS bonuse etc..and options is a crime. What bonuses should he get before the investors are rewarded in some way. Has anybody researched the new managment and seen the skeletons in their closet. I expect full disclosure and if we do not get it, we will have to demand it. When is Q2 numbers being released?
Have we all really looked at the numbers and the c level salaries. For the CEO to receive 225k annually PLUS bonuse etc..and options is a crime. What bonuses should he get before the investors are rewarded in some way. Has anybody researched the new managment and seen the skeletons in their closet. I expect full disclosure and if we do not get it, we will have to demand it. When is Q2 numbers being released?
Thank you Aston. I am glad you see the logic behind the numbers. i know this company and the business plan very well, and as you said, the new managment has been compensated well in advance for a job not yet done. the dilution is alarming, the debt unmanagable, and the profits, if any, are earmarked for the C level managment. I have some other knowledge that i have not shared yet, but the table could be set soon for a class action suit against the board for not revealing very pertinent facts as they are obligated too do. This is very disturbing bc a public company needs to have more values that this. Pure first grade mathematics will lead the smart investor to the facts. On the other hand, there is nothing a smart investor can do if they are misled.
Keep an eye..DONT get suckered. We need to look at the numbers. Experience tells me that if u look close, you will see that debt will RISE and so will salaries. Even if the numbers are better, look at compensations of the managment. There is no way the salaries should be so HIGH while debt grows at 10% interest!!!
As I catch up on the posts I am confused. The debt is horrible, and growing. Paying salaries with 10% interest on the debt? Please help me understand what makes that OK. Corporate greed? Is the strategy to make the product smaller and sell it for more? Confusing and scared. this could go to .02c or even lower?
Yes. All are very observant. watch out for a manipulation game over the next few years. The leadership has options at.14c. They will drive it up and sell it down to increase their wealth at the cost of the shareholders. Very shameful, yet common practice.
hmmmmm. new managment?? or a new opportunity to dilute an already diluted stoack. Look at the prospectus. Paying for professional services in shares? 10% debt service on a credit line?