Royal Spring Water (fka RSPG)

[BillionStack]

Here are the facts:

RSPG has traded @ .10 since Dec 4th 2007
That is 6 month of spinning the wheels of a publicly traded pink sheet stock.

As much as the longs here would like to see the price go up....it won't until the company closes a few of the MANY deals and financial partnerships that it is working on right now.

On the positve side, the price is fairly stable.
I have seen pink sheet stock start breaking fractionally lower in the .001 increments. That is not happening here.
It's the MM's sloshing around painting closes at the top and bottom of .05 -.10

If I had no position in RSPG right now...I would MUCH rather be long than short. The shorts could get cracked at any moment.

We longs are sitting in a range that has held steady for 6 months with no significant selling.

Everyone is waiting...for the run-up that is very likely to happen.

Feeling good about my large position and waiting on the good news......

Billion