SMA Alliance, Inc. (SMAA)

[NunyaBidness]

In a nutshell - a multi-year history of being a scam, with hope that the new CEO can actually make something happen. But what the company has announced thus far looks like a sure loser.

That history is filled with announcements of things going to happen, nothing ever actually happening and bumps in them off the hype. This one is much higher than the last one.

These little ball things for solar have been out for years were already a dud in Europe. It's just a distributing license, which means they have to sell a bunch of these to people to make any kind of noteworthy revenue. It's nothing but hype for sure IMO.

The windstax thing looks more promising product wise. Especially if it's legitly based in Wyoming which has lots of wind. Farm types seem to like them a good bit, but getting wind energy isn't exactly a new industry. They are only trying to get a minority ownership of it, which they are likely going to have to pay for in stock - as they don't really have other assets.

They do not have a deal in place. If they do get a deal in place, it's their best chance at actually making money for the first time in years as the other company would be doing the actual work.

And the rest is all filler bologna on the website.

I would be surprised if they actually ever got a deal, but I'm surprised this thing has gone as high as it has thus far.

So it's a hype wave, and if you got in at 0.0001 you'd probably be pretty happy right now. Maybe it will go higher, who knows.