"It went to $.0165 last year on pure speculation.

You are crazy if you think it couldn't get above $0.10 again.

SPBU is in WAY better shape now than last year at this time and then it shot up. Look at the chart."

I believe SPBU has the potential to go to $.0165 this year too. Color me crazy but I think this company not see $0.10 in our lifetime. "Way better shape" is pure PR speculation and the annual report says it's questionable that Spare will remain a going concern. The price suggests that investors agree...

Please do so because a statement to the effect that "he recently added 5 million shares" gives the reader the notion that Robbins is so jazzed about news of the recent (exaggerated) "deals" that he's buying. I'm sure that your intent wasn't to distort facts.

Thanks for the link but I see **nothing** in there about a recent purchase of "5 million shares." The date of that document was 12/31/2011 and I don't know how "recent" that is, but it would have been submitted about the same time as the annual report. I doubt that Robbins saw anything in that annual report that would make him want to buy more shares in a sinking company.

Perle said "Turkcell" or did he mumble something about the "Turkish market?" Spare backup isn't partnered with Turkcell and I beleive Turkcell has chosen Cellebrite.

http://www.cellebrite.com/de/aktuelles/presseveroeffentlichungen/119-turkcell-selects-cellebrites-cell-phone-synchronization-and-management-solutions.html

I've tried to read the SEC filings (slowly while moving my lips) and all I could find was the 2.4 million share **sale** at the end of March '12 and this -->

"Common stock of18,847,000; and 2,028,528 options, exercisable at a range of $0.10 per share to $0.20 per share. Robbins Capital Partners L.P.’s address is 100 First Stamford Place, 6th Floor, East Stamford, Ct." in the annual report."

I do wish Mr Robbins BOL because this stock won't get within a country mile of $0.10, IMO.

Again, could you direct me to SEC filings with the $5 million shares he added "recently?" I thank you in advance.

I believe you're correct. It looks like Robbins snagged his shares in Aug of '08 when the price was around .75. I'll bet he's a happy camper... =(

On that other link I noted that Ands Zeinfeld (CEO of Simplexity) was given "Warrant and Option awards ($)" of $41,494 but he has recently resigned from the SPBU board. I do wonder why he'd turn his back on a sweet deal like that?

Can you post a link in support of that? Last thing I could find was "3/31/12 T.ROBBINS CAPITAL MANAGEMENT LLC Sold 2.4 Million shares of Spare Backup Inc"

http://markets.money.cnn.com/research/quote/shareholders.asp?symb=SPBU&subView=institutional

And on the flip side, we have folks spreading positive comments with half the truth (or less)behind them. Look at "Turkcell" and the mythical "68 million" user market posted as fact on the sticky above. The Wal*Mart deal is more of the same. I think that a potential buyer of this stock might want to ponder that, read the SEC filings and err on the side of caution. Are these boards about pumping stocks or helping another investor make a wise decision?

Aw, give the man a break, LOL. The poor guy is driving back and forth to work on a mere **$60K** annual transportation allowance. =^)

Wishful thinking on his part. He has to dilute to keep the doors open. Google "Cery Perle Waldron" without the "" and we'll see why an "investor" might trust that guy about as far as they could throw a grand piano. Leopards don't change their spots...

I believe you knew that there would be no Wal*Mart PR forthcoming. IMHO, I think it was just the typical recycling of deals already in place. That seems to be the trend around here. ;)

You've probably read the annual report and it's frightening enough to do Stephen King justice. If debt concerns an investor, this definitely isn't the stock for them. :(

Jesus. Contact him. They say prayer works... This stock will not rebound in our lifetime and the company/product is garbage. Cut your losses if you're not already out.

Can't speak for Derek, but this is the internet, dude. Everyone has made millions on stocks, is incredibly good looking, super well endowed, and Jennifer Anniston has them on speed dial. You should know that. :)

As the Sunpeaks up over the hills, there is still time left for less experienced traders to read Dude illigenc's excellent posts on how to play this.

What are the hopes? For traders, I think they are: to make a nice profit or at least, not become a bag holder. As for the company, everyone on this board knows it is RMGX/dPollution reborn and was never intended to actually sell anything besides stock. No different from any penny but you already know that. :)

I agree. Do you think odd lots are a good sign? I'm certainly no expert but numbers like 370, 937, 140 seem to hint that someone is breaking open the pig bank. Color me puzzled.

APS owes me a monitor cleaning. Most of you have probably seen it but it is funny: "the Ministry of Transport in Barbados reported..." Barbados??? Thoughtful folks will wonder why not the EPA and be done with it? C'mon, APS. =o)

They went on to regurgitate the "2 ground breaking" bogus contracts but the tone is one of desperation. APS seems to be running out of lipstick for this pig.

I don't agree with the happy talk and, IMHO, this thing will pop a little, then drop tomorrow with the same so-so volume. I think tuesday will be worse because of the long weekend. The guy who used their kids lunch money will be explaining that move to their wise-a$$ bro-in-law. 'Herb' will tell them the technology is phoney and nothing new. Time will tell, no?

Hat tip to Janice Shell. Ms Shell, I'm new to these boards and wouldn't touch penny stocks with a barge pole, but I'm fascinated by your comments. You have a great knack for exposing the scams, you are invariably right on the money and any amateur investor would be wise to heed your comments. Thank you. =0)

OTCshortreport.com might be worth a look. I doubt they'll be squeezed. Then again, this stock is supposedly going to $3 about the time I quarterback the next Superbowl.

Hydrocracking? Let's get a grip, people. Google it and you'll find that it is a very real concept but it doesn't take place with a 17 volt gizmo and some wires wrapped around your fuel line. Ask your favorite gearhead or mechanic.

It is done at the refinery but if this thing worked, it would be destructive to a gasoline engine. Have you noted the different grades on the pumps (not pumps & dumps, btw)? The refinery adjusts the octane ratings of gas with additives to make it burn less violently, not more as this device claims to do. The higher the octane, the less violently it burns.

Diesel fuel is rated in cetane and 55 is about the optimal number. That is the opposite of octane ratings which is why you know this product is bogus. It was tested on a diesel...

These devices have been around for years and do not work. If it did, the inventor would have had it tested by the EPA (check their website). Upon satisfactory testing, he next stop would be the corporate offices of GM, Ford, etc, etc, because he's sitting on billions. This was never submitted to the EPA.

You are not alone. There are many who are hoping and praying the stock will rebound so they can dump it like a hot potato and breath a sigh of relief as soon they've recouped their investment. Good luck to them.

The wisdom of crowds? I believe that too many people have heard too many empty promises and have yet to see this company perform. Most seem to be immune to the hype and probably can't think of a good reason to buy.

Double your money???? Jim, it doesn't work that way or everyone would be Peter Lynch. Would you believe that the best stock gurus have a rough time beating a simple index fund on a regular basis? You can believe that the best and the brightest aren't huddled over their PCs posting about penny stocks on message boards. Please, learn to do your own DD and buy stock in real companies...

You appear to have bought in on at least two pump and dump schemes. You have been given good advice to cut your losses, chalk it up to a lesson learned and I suggest you read "Stock investing for dummies" for starters. No putdown is intended and, yes, that's a real book.

I firmly believe this stock will be at or under a dime by Monday. Twenty five cents will never happen. I do wish you BOL.

Read the comments below the "great article" on Seeking Alpha article mentioned below. The article is regurgitation of promoter talking points and the "FEED" technology is bogus. It didn't sell when it was RMGX/dPollution and it won't work now. More info on RMGX forum here on IH.

The added "E" just means they're late filing a report to the SEC. In a few days we'll see that the company is still in hock and not making a profit. Surprised?

Get_rich or di tryin has spoken the truth. Well said. Companies like SNPK were never intended to turn a profit. They were conceived to separate fools from their money. The 'oil and gas exploration' company became the 'neutraceutical' company and will be reborn as a 'gold mining' company for another pump and dump scheme. Google GWBU and RMGX, compare the two and you'll see what I mean.

These companies aren't investments; they're pure speculation. The 'smart money' bought into them before the promotion hit, dumped near the peak and moved on to greener pastures. The promo has ended and what we're seeing now is 'silly money' picking through the rubble. Google "greater fool theory," sell and buy a Powerball ticket.

From Turkcell's own site they state 34.4 million subscribers in Turkey. Including their affiliates in Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine they had a total of 62 million subscribers as of March 31, 2010 so they might be close to the Wiki number now. That's immaterial since SPARE isn't claiming a presence in those countries.

Hotstocked is taking us to SPBU vague 8-K that makes no mention of Turkcell or a number of subscribers. They leave it up to us to add an apple + and apple and come up with an orange.

There "might" be a M-Budget Mobile deal through LSG but certainly no Turkcell.

Since the Turkcell - Cellebrite deal went through just 2 years ago, I'm doubtful that SPBU has any deal with them and the word "Turkcell" is conspicuous in its absence in the link you posted. I think Turkcell is wishful thinking and only mentioned on internet message boards (the only source of accurate information...). Please post anything that shows a link between Turkcell and SPBU but, IMHO, I don't think such a link exists.

But Google is our friend and the confusion probably stems from the comment "its major European distribution partners," referring to LSG. It seems that LSG is in the UK but, on the LSG website we find -

"Lifestyle Services Group is one of the UK’s leading providers of lifestyle assistance solutions, most notably mobile phone insurance. Playing an active role in all areas serving its customers, Lifestyle Services Group wanted to expand its experience into other countries.

In 2010 Lifestyle Services Group expanded its international operations into Turkey for its potential and dynamic population, and being the world’s 4th biggest market in mobile phone sales. Besides being an emerging market, Turkey became more important with the acquisition of our parent company Phones4U Group by BC Partners, whose portfolio also includes Migros.

Lifestyle Services Group continuous investment into Turkey will be increased through projects to be launched in 2011."

LSG site

Migros is the Turkish Walmart and peddles "M-Budget Mobile" which seems to be their equivalent to our pay-as-you-go TracPhone. Spare might have a piece of that action through their arrangement with LSG but it hardly sounds like a lucrative market.

BTW,the 68 million number that gets tossed around is the total Turkish market dominated by Turkcell, Vodaphone & Avea. Turkcell has about 36 million total subscribers. You can read about it here --

Turkish cell phone market

Sprint glitch in Yahoo message boards. No matter which stock symbol you use, when you click "message boards" you'll be redirected to the Sprint board. One guy posted a workaround but the results are mixed. Good advertising for Sprint, bad for Yahoo.

I guess that's what puzzles me about this stock. I don't see the growth and, lord knows, they've had years to grow yet they keep sinking deeper in debt. Worse yet, the end isn't in sight according to their own annual/quarterly reports. Their only alternative is to keep printing more stock if they wish to stay afloat.

The charts are equally grim and reflect a steady decline. The only thing that seems to (barely) sustain the stock is the fictional hype. Example: Turkcell, which is hinted at in the PRs. The fact is that Turkcell, Vodaphone & Avea dominate the 60+ million user market but I've yet to see that SPBU is partnered with any of those companies. The PR suggests that Spare is gaining customers from that market but can't explain how. Turkcell is the biggest player by far but uses Cellebrite instead of Spare for backup.

http://www.cellebrite.com/de/aktuelles/presseveroeffentlichungen/119-turkcell-selects-cellebrites-cell-phone-synchronization-and-management-solutions.html[url][/url][tag]cellebrite [/tag]

What's up with that?

2805% increase in Net Q1 loss year over year?


It's just fun with numbers, but can this be correct?

Net (loss)

$ (1,422,595) (48,963) $1,373,632 2805%

Q1 2012. Q1 2011 Increase. Increase %

Might want to check 2 year RMGX chart. Same bogus product and sleazy people involved. You can see it here --
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=RMGX&insttype=Stock&freq=1&show=&time=9

If you're a first time "investor," buy 100 shares of this stock and set a stop-loss order 10 - 20% below whatever you paid for it. You won't make money (because this stock will crater sooner than you think), but you'll get a cheap lesson on investing. You'll learn that:

- Google is your friend.

- You should never invest in something you don't understand;i.e., the "product is bogus" and never sold when it was peddled by dPollution International. "Hydrocracking" fuel saving gadgets do not work and they've been around for years.

- You must do some basic **due diligence** on any investment. GWBU is a shell corporation run by scammers and never made any money.

- This is a classic **pump and dump** scheme with the sole intention of separating fools from their money.

- That almost all penny stocks are garbage and, although they seem like a fast way to make a quick buck, they are no substitute for stock in well-run businesses over the long haul.

- That the first traders who got into this stock knew all of the above and are depending upon people like you to drive up the price of the stock so they can dump it at a profit.

- That you should have read a book like "Stock Investing for Dummies" and paper traded before investing a dime.

Things to Google:

- "dPollution international" and stock symbol RMGX. Same crappy product that never sold... until GWBU bought it.

- "Rocco di Fruscia" and "Daniele Brazzi"

What you'll learn is that the same group of scammers couldn't sell the bogus product before but they can sure peddle the stock now with the help of shady penny stock promoters.

I do wish you luck but I seriously recommend you buy and enjoy the cheap lesson.