TOO MUCH WORK!!!
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Love stocks that move easy
I expect a pr some day, of deal with a major retail box store. The share holder update in December had this in it.
Recap Of Conf. Call with CEO from 1/13-2014:
First of all I want to make in known that anything that was discussed was in the public realm so to speak.
We discussed alot of things and I will go through what I remember in numerical order.
1-
Current Seller is NOT TCA 2M shares that they were given for the loan the $2M loan with payment schedule in Q3. Again these shares are restricted and given as a ONE TIME advisory fee to the loan.. There shares are restricted and and are working very close with company and are in tune to the companies growth and future. So as far as they know from the nobo list and updates that its just traders that accumulated a large amount of shares....NOT TCA or anyone from the company and that THEIR IS NO TOXIC DEBT OUT THERE. Addtionally, NO ONE from the company is selling a single share. The CEO, the board members, family and relatives of CEO, IR....He repeated that no one is selling any shares of SPMI. He went on and said that many of the original shares holders are his own family members, relatives and close friends from .35 and up over $1. He said he will be doing everything in his power to bring the stock price up the right way be showing sustained profitability, increasing revenues of the $7-8M base dramatically of the the next few years, and bringing on some key wall street bankers and investors to execute and perhaps partner with in executing the business plan. The CEO spoke with alot of conviction here guys, I believe him. I have talked to many CEO's in the past, there is no question i know how to spot a crook and honest man....Rich P. is doing this the right way guys and i have alot of confidence in this great new business model.
2-
New Stores and Business Model- We talked about the new store models in depth from the PR. These stores are going to be really nice guys. The first 2 going up in Atlanta Area and will be corporate franchises will showcase stores for future franchises....These stores like nothing in the current industry. They are partnering on many fronts here within the stores so your going to see some nice surprises here. The main revenue will be generated from inspections of all kinds (emission, safety, etc.) and automotive maintience work from tune ups in oil changes to transmission...complete mid to light car care that will even over valet service with pick up and drop off if needed. 4-6 bays garage, coffee and espresso bar with entertainment tvs, and merchandising of car related items and more. These stores will be called Expresso Care Car Cafes as per the PR. Great name, logo and concept guys.
3-
Expresso Emissions- 12-24 stores will be rolled out in the next 12 months in very strategic locations as per PR. These will be just emission safety testing locations that are high volume and can be highly profitable in the right locations. The company lost several key leases over the last 12 months and hurt the company revs...we all know that from filings in 2013....BUT, many new locations have been negotiated and are in the process of being negotitated atm.....There were 7 NEW stores aquired to make 43 Stores atm....and several more will be announced shortly.
4-
Current share structure: The OS is 40M with the 2M restricted from TCA and the float is 19M. These are up to date numbers.... 19M shares guys out there trading...ONLY 19M. Guys THE CEO is committed to NOT diluting shareholders to any degree that will hurt them....REMEMBER WHAT I SAID ABOVE IN NUMBER 1. FInally, i walked away feeling what i felt all along, SPMI is an INVESTMENT STOCK, not a quick flip...And the current prices we have witnessed over the last 6 months are very undervalued. When the stock hit .09 in the summer, alot has happenend and is in much better shape than NOW than it was in July.....and .09 was extremely undervalued.
**MOVING FORWARD THE CEO IS VERY MUCH IN TUNE TO CREATING LIQUIDITY AND AWARENESS TO INVESTORS IN SPMI*** BUT WILL BE DONE THE RIGHT WAY, NOT WILL BS PENNY STOCK PUMP AND DUMP STYLE... BUT WITH REAL INVESTMENT TYPE MEDIA AND PRESENTATIONS....STAY TUNED...***THIS IS A MAJOR FOCUS OF THE CEO AND IR MOVING FORWARD.*****
Good moring SPMI!
Good moring SPMI!
Welcome aboard! Nice ask action
I like the last sentence "The new stores will provide customers with an internet café with free Wi-Fi and secured tablets to use while getting their car serviced, the opportunity to shop for a broad array of merchandise beyond wiper blades and light bulbs with up to thirty linear feet of shelf display, or a place to just sit, relax and converse with other customers with a cup of fresh coffee. In addition, for the customer who is in a hurry and can't wait for the job to be done, our valet service will provide them with transportation to and from work or home."
GM SPMI !! Hope all a good day!!
GM SPMI !
It is about time. Always LOVED LQMT !!!
Very nice!
I beg to differ. "two new brands, "Expresso Emissions" and "Expresso Car Care Café." You are only pointing out that one of the brands is opening 2-4 stores. The other brand will also open up brands.
Yes, from the last share holder up date in the ibox above. "In addition, as another means to grow the company and increase our footprint, this past summer we announced our plans to expand into a new market. Over the next 12-18 months, we expect to open 24 - 28 new vehicle emission testing stores in the parking lots of a major retailer across the country. This initiative of opening emission stores in high traffic areas will be similar to the opening of our first store in Peachtree City, GA. in the parking lot of a Kroger Supermarket"
You forgot about the 24-28 other stores that will be opening over the next dozen or more months. That is over 30 stores! :)
I agree, and, believe it will happen. They are opening a lot of stores this year, maybe prs of that. Also, we have the app also.
The share holder update said that they are doing a deal with a major big box company. Maybe, that will make the stock EXPLODE!?!
"As a means to accelerate development, Speedemissions will not be in the real estate business but rather will be working with several of its current landlords to become partners in the project.
I agree, but, company is expanding and over time, we will be rewarded. IMO Just wish IR could pull some more.
Nice news! I like how there will be 2-4 more stores added to the others being open up this year.
Cool! Company is expanding!!!!
SF is in IHUB jail. I believe he got in a private fight with a basher in the PM's and did a TOS. But, he is around and is buying SPMI stock. I do know why your post was taken down. But, I hope I answered your other questions.
Yes it is!!!! :)
Any one picking up these cheap shares?
In addition, as another means to grow the company and increase our footprint, this past summer we announced our plans to expand into a new market. Over the next 12-18 months, we expect to open 24 - 28 new vehicle emission testing stores in the parking lots of a major retailer across the country. This initiative of opening emission stores in high traffic areas will be similar to the opening of our first store in Peachtree City, GA. in the parking lot of a Kroger Supermarket. These stores will provide an easy, convenient way for shoppers to get their vehicle emission test done while patronizing all the retailers in the center. In line with our expanding revenue model, these new emission testing stores will also be selling a select amount of related automotive merchandise.
Warming up abit
this past summer we announced our plans to expand into a new market. Over the next 12-18 months, we expect to open 24 - 28 new vehicle emission testing stores in the parking lots of a major retailer across the country. This initiative of opening emission stores in high traffic areas will be similar to the opening of our first store in Peachtree City, GA. in the parking lot of a Kroger Supermarket.
BINGO MY FRIEND!!!!
I have added more. Can't believe how cheap I got them!!! :)
I am also! :)
2014 - Lets go SPMI! January is to be the month of fire works! imo
Happy New year SPMI!!!!!!
Nice end of the year post! :)
I can see this one going first! But, like you, happy ether way!
Both of our stocks should do well in 2014! Cant wait to party!
choooooooooo!!!!!
BTW.. Good morning !!
Crap, I was trying to get some!
Nice stock pick!
Boom! :)
Amen! Could not be said any better!