Spectacular Solar Inc (SPSO): Here’s my speculation: This stock is...

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greenman32

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Sunday, 02/23/2020 5:39:33 PM

Sunday, February 23, 2020 5:39:33 PM

Here’s my speculation:

This stock is easily headed to .50+. Not overnight, but this year.

I think CEO Doug Heck has been a busy beaver over late Fall 2019 and winter 2020.

Anyone get the impression we’ll be getting multiple PRs?
Look at 2019 PRs. Contracts pr’ed: $3M, 2.25M, 600k for 2 projects, 450k, 1M, 1M)

Now read CEO last Twitter post:
"I've directed my CFO & SVP of Business Development to make reducing the $50 million backlog of signed contracts & to get work started on these projects their number one priority...already moving forward with 5 contracts. I will update shareholders as each contract gets financed”

My guess, there are numerous contracts so it’ll be PRs of contracts totaling $5-8M at a time [ie 5 contracts x $1-$1.5M each]. With a backlog of $50MM, multiple PR’s going well into 2020.

We’re going to get investors and penny flippers. Lots to look forward to. Hopefully, Doug can sign a few more contracts to push the signed contracts backlog even higher.

2019 news:
https://www.spectacularsolar.com/investors-relations/news/2019/default.aspx

https://twitter.com/SPECTACULARSOL1/status/1227320022739177472