Wednesday, April 12, 2017 2:55:06 PM
I think its going to be dead money for quite some time. Let's see how the next Q looks.
It's really quite simple, the company needs to Start making money (instead of losing it)
If they can do that then gradually the negative valuation of $5.7 million can be chipped away. It will take YEARS my friend.
In the mean time better sub-penny speculative plays out there:
PEWB (coming out of bankruptcy could go to the .01 to .03 range
AMMX does heavy equipment rental and is located near Oroville dam. (huge OS but if they stop dilution it could run on fundamentals.
There's quite a bit of info available on both of them. Still risky, lotto types, but methinks better risks at these levels than SPMI.
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM