Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Are u all kidding. Spkl is gone. There is nada. The stock is only trading BC brokerage houses r allowing there clients a way out to recognize the losses. It is criminal that this happens and I see a lawsuit against them. They r all taking cover and Mr.Laramie, as well as the former BOD, need to have legal protection as they were certainly never fudiciary to the shareholders outsides of themselves. It just takes a lawyer with a mission to knock some heads. Give this a little time and justice will be served.
Yes the site is up. There offices r closed and seized. There company stores r closed and seized. Athe company has no assets left. No value. The stock is lagging their fiduciary duty to advise shareholders. Can u say class action lawsuit. They were foreclosed and sold the assets. There is no more revenue. Please tell me what u r buying. Or more important, why?
I don't make sense? Then buy more? Call the company to get info. They won't even answer.
No. Spkl does not have any revenue or assets left. They will file bankruptcy and default on their debt and the shareholders get nothing. Pre meditated robbery of the public.
The company was foreclosed on today. The assets were sold to the debt holders, which are 2 directors. The stock will go to 0 as there is no more company. This is a sad story of deceit by Mr.Laramie and I hope the shareholders and franchisees go after him.
This will go to a lawsuit. There are local franchisees as well as past business relationships that Mr. Laramie can not hide from. I will initiate this action in a class action scenario.
Only the franchisees r open. Co restaurants r closed
This screams class action lawsuit. This is unbelievable lack of oversight.
The board is destroyed and they closed 6 businesses. Lots of unemployed. The guy that needs to be unemployed is the CEO. I am sure that will happen any day now. He may even be the focal point of legal action.
Despite a few good articles, this is a timing play. As i live in the denver area and get a little of the whats going on Scoop, I am truly afraid. From a financial point, the good news will not bring in enough cash to satisfy the companys obligations. There are significant balloon payments and debt that is not possible to service. As I own very little at this point, i feel OK. I f i owned more, Id worry more. The new CEO is almost in yr. 3 and the stock has lost over 50%. They must make major changes, and I fear these changes will not benefit the shareholders in any way. The choices are only favorable to the insiders, who have made their money on our backs. Please all out there...help me see this differently, as being an investor, i want to make money!!
can u expand on that? The debt is 3M more than the stock is worth. at 12-18% interestthey are suffocatong and the greedy CEO etc..are lining their pockets with your money. they already have mine.
This is a scary bad sign? may be able to buy at .02c soon. or the whole company for zero!! Whats going on and why do they not communicate with the shareholders. No annual meeting this year?
They need to clean up there overhead to create some shareholder value. The CEO is way over paid in both cash, 225k, and stock. I am looking forward to see what bonuses they pay each other on their managment team when they r almost 5 million in debt and losing money hand over fist. As Aston has said, very typical of a company this size to line the pockets of the directors etc, while the real investors, ie. shareholders suffer. when will the BOD wise up and be fiduciary to us, the shareholders.
its at five cents. lets jump up and down at .20 cents. It still down a gizzillion percent. be happy, but celebrate when the return is in the black, not just in a better loss position than the day before.
If this thing is going way up..where is the buyers. you guys loved this stock all the way down to .03c. How come you are not buyers??? The King and his jestors should own all the float by now. talk is talk..
Ok. where is all the peeps??Its going up..way up. wheres the king? not trying to antagonize u. just want to see some good news that creates value. the debt is huge, value down, and salaries r up??? Key board member just resigned as well??
To all. Neither Aston nor I are deleting all these posts, mod squad, who apparentlt has oversight on the forum, has been the deleter. We have no control over that, and I think Aston and I were just as confused. Unfortunately, the oversight in his forum is outragious and all is labeled off topic. i apologize Aston, as I thought it was you. seems like we have no freedom of speech here???
FYI DBS, i have never deleted any of your posts. I believe in free speech. aside from that, what do u think from a biz stand point about the enormous debt and looming balloon payments. thats a serious question, not slanderous. They are approaching 4M and approaching maturity. the interest alone is at 10%. Thats huge expenses against the challenging revenue. id like to make money here. I am asking you to address facts in a professional manner. How can the co. mathmatecially turn and when. Last quarter was devestating. instead of bantering, id like to hear opinions on the facts.
DBS, I have traded for 40 yrs. I live in Colorado and know the company since 1999. if u have that kind of depth and knowledge with SPKL, meet me for lunch and lets share insight. I eat at a pickle 2x a week. i see the show live... thiughts? i am not bickering. i want to make money, and if i think managment is setting themselves up to make their payday at the publics expense, then i will say it. if i see the company pull m of a coupe and make money, ill dance in the street. please all, look at the latest 1ok that just silently was released. losses increase by 500% and new managment has already eaten the 2m credit line and opened anothet for 1m, and have used 1/2. balloon payments are looming. help me understand how maney can ve made bc at this point, selling for peanuts is not anything that will make the pain go away.
DBS, is that really a compliment. Look at volume and dollars crossing hands. There is no way u can compare the trading trend of the broader market with a 4M dollar company that has negative earnings. I now understand your train of thought. Thank u for clarifying to me your level of sophistication and knowledge in the investment business. If u think my censorship is out of line, take over. Let me know and it yours.
Its time for the board to STOP taking shares and salaries and help the cause. This is ridicilious. They obviously do not care about the shareholders as they continue to line their pockets. the CEO should be stepping up and making the first sacrifice, like any good leader would do.
I saw the online ordering. i tried it too. the store never got the order? I went to pick it up. It was a franchise store and the owner was miserable and not helpful. He said that the corp goons made him pay for it. the culture seems tough in the organization, esp. when the franchisees talk openly about their misery.
I wish i knew how much time. wish I got out at .10. Wish i had a crystal ball. Lots more shares...less value. Watch when the directors sell...then bail... At least its not at .02..
Latest SEC filing. headline: MORE DILUTION. it seems that the ever fiduciary Board of directors has issued themselves more stock on lieu of compensation. Yes, making our shares less valuable. Typical strategy. And lack of cash flow signals. I hope we get a bounce so we can all get out before D Day!!
where are all the pumpers??? This thing is scary. I am almost out of thye stock, but still waiting for some manipulation magic before final exit. Q2 numbers will show very little progree under new managment and the reality of major debt to assets coming due may start to surface.
This stock is dead. why is the CEO wearing a Papa Murphys shirt??? There is no momentum and the pipeline is dry. wheres any good news???
They do have one opening in houston, but thats it. the franchise sales have dried up and the AUVs are too low. If it cost 35ok to build one and u expect to do 470k...hmmmm...not a good formula. I do see them manipulating the stock for their own upside, but if you can time that, there may be money to be made. Mathmatecially, the salaries are out of line with the revenues and debt.
yup....just a little more time....as u have been saying for 3 years now...
yup. they voted themselves in and will give themselves more money
Shareholder meeting today. heard from the attendees that the debt plan is really an uphill battle. No, i do not care to purchase stock as people sell out. i am informing the forum that the company is really in a severe over leveraged position and needs to work that out. Some of the forecasted ballon payments cannot be met at the current pace and structure, and that is a scary prospect to think about. i still own my shares, but i a not in heavy enough to sweat hard. this is reality, not slander or pumping. simply basic math!
The new Q1 report is....well. what it is....slower
mathmatically impossible king......but keep on pumping the volume of movement over the last 6 months and your numbers of stock ownership are impossible mathmatically. why lie...have a nice day
so...Is the store still open??
Is this thing going up up up..any day for 3 yrs.
Sounds pretty hypocritical to me.
just went to the pickle on colorado blvd. closed for good!!!! not encouraging and nothing on the web site even mentioning it??
Any day now has been 3 years. can u inform us people when the big day is. r u going to the shareholder meeting???
All new filings of form 4. Another 500000shares of dilution granted to the directors in lieu of compensation dur to cash shortage. if that not how anyone else interprets that, please help me to understand??
did i miss the run up? i will buy at .03 and sell at .07. growth potential or not, thats the value of the company.
you are correct. the managment will drive the price up to help themselves. Keep your finger on the sell button bc it wont last long. ive already heard mutterings of another shake up at the top level
so essentially if u tried to sell them the price would be driven lower. You reall have like only 50k worth of real sale value.Its not big boy numbers??? will u be attending the shareholder meeting? will anyody?
Id like to complile a list and send them to the Board so we can get some answers. otherwise there goes the only opporunity to have a voice. Kngmz, if u r so confident, help put a list to present to their board instead of speculating.
When is the next franchise going to sell and close?
What r the franchise AUV compared to the Company stores?
Why did they close the bakery and did they get out of the lease and if so at what cost?
The AUV is 470k currently and the buildout cost is more? Whats the strategy?
Heres the opportunity to get some answers and see what the investment is all about?