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Check out SPORTYS POST 9612. Good info for your concerns
GLTA
Can’t wait for silver....
IMO
Started a position here. Just worried that Ponder may run this company like Munro does with ICLD. I’m hoping that’s not the case
IMO
I guess people not happy with yesterday’s news???
IMHO
Can you explain?
TIA
Dude you made your point. You don’t like either one.
When you say “GOLD” are you talking pennies or $1.40?
Thx
IMO
This time high volume without a pump and dump... very interesting
If this goes to pennyland, he could get the “man of the year” award that Times magazine gives out in December
IMO
That’s what it seems like to be honest. But maybe Yates has a few tricks up his sleeve.
So you don’t think we can get to a nickel here???
Factoring all that in, is it possible the 8K would still cause people to dump on Monday? Just trying to get a better handle of this
Ps: being a former shareholder of IC*D makes me skeptical here due to the connections
Doesn’t make sense... Not many aware of its potential
IMO
Thank you for that.
Thank you for this article
I read this today on i_like_bb_stock board:
SGSI interesting article out on how undervlued it is
$1.9-Million Market Cap, $3.4 Million in New Orders in May for Spectrum Global Solutions Baystreet.ca "Standard Equities Feed"
When you trade on the pink sheets, plenty of times things don't make a lot of sense. Management at telecommunications engineering and infrastructure services company Spectrum Global Solutions (OTCPK:SGSI) is likely thinking that lately.
The Longwood, Florida -based company is sporting a market capitalization of $1.93 million and reported this morning that it has recently hauled in over $1.5 million in new contract awards. About two weeks earlier, Spectrum said it landed $1.9 million in new contracts. (Apropos, on April 25 , the company said it locked down another $1.5 million in orders.)
The market cap is based upon 247.1 million shares outstanding per OTC Markets (as of May 2 ) and the 5.6% pop in shares to $0.0078 as of noon in New York City on Thursday.
The new work - part of the $1.5 million in orders that is - is being carried out by Spectrum subsidiaries AW Solutions and ADEX Corp. and includes network audit and deployment services to support next generation wireless and wireline services across the U.S. The company expects to realize the revenue during the third and fourth quarters of this year.
As for the $1.9 million disclosed earlier in May, AW Solutions and ADEX are performing work that includes the inspection and analysis of towers and subsequent repair of the structures to bring them into compliance, continued small cell, and DAS and wireline deployment services. These revenues are expected to be realized during the current quarter and third quarter.
Roger Ponder , chief executive at Spectrum, says that the company's backlog now is more than $12 million and contracts that they are bidding on exceed $125 million . Ponder says that changes in the tax code have freed up spending by major telecoms to build out infrastructure.
"This increase in revenue and earnings should translate into value for our shareholders near and long term," said Ponder in today's news on the new work. In 2017, Spectrum reported revenue of $5.87 million , although, it's worth noting that Spectrum didn't realize a full calendar year of revenue in 2017 as it transitioned into a new fiscal year, nor did it realize the $20 million that newly acquired ADEX did in revenue.
So, knocking out some of the backlog, realizing a full year of sales and securing a few more contracts could put the company on track for a banner year. Time will tell.
For right now, though, the markets say the company is still worth around $2 million .
Report TOS
That does sound pretty cool
Damn... will there be any blood left to squeeze out from a rotten corpse????
That does happen a lot on these hyped boards. Surprised how some people don’t get that.
Thanks for your take
Today????
That would be awesome.
LONG AND STRONG
HAVE A GREAT WEEKEND
Very honest answer
Thanks for the heads up.
Noticed
I can’t believe how some people overreact without finding out the info first
Good post Jeff. I agree. Some people on this board have provided tremendous DD info. Nevertheless Ive been burned by other mergers in the past. If this truly does happen without a RS it would be nice to hit dollar land to say the least.
Patience is the key here
AIMHO
Just saw that as well... this should be exciting
JMHO
Awesome
Thank you
Does anyone have a link to the article?
TIA
After yesterday’s run, it was crazy watching it unfold. Next day dump after run seems to happen often
JMHO
That is true. Some of us got burned. Company back then had lots of issues getting paid for services. They seem in much better situation now. Looks like CEO might have them on right path.
JMHO
This is my first time saying
Weeeeeeeeee
Cool...
Does anyone know if IHUB showing the trades after RS?
The last RS they did with ticker changed to ICLDD..
This time not showing
IMO
All these trades are not showing up on IHUB app... I hope we can see on Monday
If this was in the shipping industry, then what you are saying might make sense. But it’s not.
So other stocks that are aligned with ICOs should be worried as well???
JMHO
Not exactly true... Some of us have averaged down with current avg less than a penny...
So green can come true.. For some it may already have happened.
IMHO
Will do. Good info for the board
Good point... I’ll check with mgr.