Sparta Commercial Services Inc. (SRCO)

[sweetlou]

As you pointed out in your last several posts, SRCO appears to have developments on several fronts.
1. Leasing business to municipalities is going along fine and gives some underlying share value.
2. Mobile app business is expanding significantly and with their Autotrader and other relationships will be a big source of revenue growth. I’m surprised that the August Autotrader announcement resulted in relatively minimal share price movement.
3. You had an excellent find regarding the CBD platform. I followed your link to newworldhealth and confirmed that it is listed as a subsidiary of Sparta. Obviously any that are familiar with recent trends know that the CBD sector is understandably hot in terms of business opportunity and very promising from a medical perspective. There is current published research showing efficacy of CBD in epilepsy, and specifically in 2 syndromes where severe refractory seizures are an issue. Of course CBD shows promise in many medical applications as well, the point being it is backed by published research unlike solely anecdotal claims associated with many supplements.
While I don’t see any formal announcement on CBD the information in the link is clearly associated with Sparta and could be a significant catalyst.
4. In light of the above it makes sense to get the financials in order and audited.

In all, I’m very encouraged about SRCO’s developments. Thanks for your DD.