AI
Sunday, July 26, 2009 9:38:06 PM
SPHE (.05) Spearhead, Ltd., Inc. DD Compilation Post
READ BELOW TO FIND OUT WHAT ALL THE BUZZ IS ABOUT!!!
Make sure you mark the board: http://investorshub.advfn.com/boards/board.aspx?board_id=15628
There is nothing more exciting then digging up info on a Pink Sheets company, and continuing to find Gold Nuggets. And SPHE surely fits the bill.
In February 2009, SPHE began updating PinkSheetsÖ this is how it was brought to my attention. I have never seen a pinksheets company with the amount of disclosure SPHE has. Just take a look for yourself.
http://pinksheets.com/pink/quote/quote.jsp?symbol=sphe#getFilings
Upon looking at the filings you will see that SPHE was trading on the London Stock Exchange under the Symbol SPHE.l at $10!( http://finance.yahoo.com/q?s=sphe.l) I am not a great currency conversion guy, but that isnít .08! Heck thatís 125 bagger from the current SPHE.PK level!
As of Feb 2009, it decided to move from London to the Pinksheets, where I am sure it is trying to get more exposure: http://pinksheets.com/pink/quote/quote.jsp?symbol=sphe#getNews
The company continued to update itís filings and achieved a fully-reporting status from Pinksheets in March. The process of getting itís current audited filings up-to-date caused it to lose itís status temporarily as we are awaiting updated financials for 2008: http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20186
I am sure any updated of itís financials will send this orbital(from wherever it may be)
Now for the Meat.
As of Year end 2007, the company has over $15 million in revenues. Pretty huge. If you look at the companies investor page you will see something that blows your mind:
Now one would normally be pretty skeptical when a PINKSHEET company claims to be aiming for 1 billion in revenues. And I was pretty skeptical myself, but thought $15 million in revenues is very good for any company trading under $1, and at .08 itís a steal. I still thought SPHE was a great buy here. Then I started digging.
The Economy is tough, and our country is headed towards 10%+ in unemployment. Yet SPHE has Job openings for 55 Positions posted as of Jun 2nd and June 15 2009????!!! You got to be kidding me! This is no upstart company and has been around since 2004(to include some acquisitions). But 55 positions, and not the blue collar type. HR positions, IT PositionsÖect. Below is the link to the job openings and the images:
http://www.spearheadlimited.ca/Careers/all_positions.asp
HUGE IMHO!!!!
So why is SPHE hiring on top of itís staff that is already bringing in over $15 million in revenues a year. Well here is whyÖ they have landed MILLIONS in contracts from the Canadian Govt for IT work and consulting. Now how many times have you seen a PR from a PinkSheet company saying they have landed a contract/govt contract for millions of dollars? I have seen it a few times. Well the difference here is we have FACT. Right on the Canadian Govt Website! HUGE IMHO!! And itís 5 pages long!!!!
Link: http://www.disclosed.ca/?keyword=SPEARHEAD+MANAGEMENT+CANADA%3C%2Fb%3E
Over 5 million dollars in contracts ! And this is one of the companies clientsÖone!
There are many different ways to get a companies valuation and a value on the PPS. With SPHE, until they release the updated financials for 2008, I use the Market Cap.
As of todays close SPHE has a market cap of 2.48 million. Based on the revenues from 2007, SPHE should be at least at a $15 million market cap, which would give us a PPS of .40!. If you use some trends from Big Boards like Google it is MUCH HIGHER. Google did 16 billion in revenues for 2008, yet has a market cap of $128 Billion! Thatís almost 8 times its revenuesÖ Using the same formula one could give an estimate PPS of SPHE of $3.20!!!. And with these new contracts and SPHEís goal of being a Billion Dollar company, one could only guess what the True PPS valuation should beÖ you can be sure itís not anywhere near todayís close of .08Ö
SPHE trades very thin. It has 23 million shares in the float with a 41 million O/S. The Share structure has remained the same for at least 5 years, and there is zero dilution. PinkSheets Lists 140 shareholders, which leads me to believe there may be many stakeholders holding here. The true float may be much much smaller.
Insiders and institutions hold 28 million shares of the O/S! Thatís more than Half!
Tight Share structure!
So SPHE was at .80 in 2005. I added all the trading volume since that time to get us to .01 and there has been only 2,421,382 shares traded. BUYS and SELLS.
Based on the Monthly chart, there is really little resistance for .50-.80 test.
Updated 6-28
Take a look at some of SPHE's Partners:
Also, SPHE was listed as a fully-reporting company in March.
It was changed to 'Stop' in April after notifying that it was going to be late with it's year end financials.
Also, Read this post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39062850
COmpany is still looking for acquisitions for companies doing between 20 and 200 million in revenues!!!!!!
GLTA!
READ BELOW TO FIND OUT WHAT ALL THE BUZZ IS ABOUT!!!
Make sure you mark the board: http://investorshub.advfn.com/boards/board.aspx?board_id=15628
There is nothing more exciting then digging up info on a Pink Sheets company, and continuing to find Gold Nuggets. And SPHE surely fits the bill.
In February 2009, SPHE began updating PinkSheetsÖ this is how it was brought to my attention. I have never seen a pinksheets company with the amount of disclosure SPHE has. Just take a look for yourself.
http://pinksheets.com/pink/quote/quote.jsp?symbol=sphe#getFilings
Upon looking at the filings you will see that SPHE was trading on the London Stock Exchange under the Symbol SPHE.l at $10!( http://finance.yahoo.com/q?s=sphe.l) I am not a great currency conversion guy, but that isnít .08! Heck thatís 125 bagger from the current SPHE.PK level!
As of Feb 2009, it decided to move from London to the Pinksheets, where I am sure it is trying to get more exposure: http://pinksheets.com/pink/quote/quote.jsp?symbol=sphe#getNews
The company continued to update itís filings and achieved a fully-reporting status from Pinksheets in March. The process of getting itís current audited filings up-to-date caused it to lose itís status temporarily as we are awaiting updated financials for 2008: http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20186
I am sure any updated of itís financials will send this orbital(from wherever it may be)
Now for the Meat.
As of Year end 2007, the company has over $15 million in revenues. Pretty huge. If you look at the companies investor page you will see something that blows your mind:
Now one would normally be pretty skeptical when a PINKSHEET company claims to be aiming for 1 billion in revenues. And I was pretty skeptical myself, but thought $15 million in revenues is very good for any company trading under $1, and at .08 itís a steal. I still thought SPHE was a great buy here. Then I started digging.
The Economy is tough, and our country is headed towards 10%+ in unemployment. Yet SPHE has Job openings for 55 Positions posted as of Jun 2nd and June 15 2009????!!! You got to be kidding me! This is no upstart company and has been around since 2004(to include some acquisitions). But 55 positions, and not the blue collar type. HR positions, IT PositionsÖect. Below is the link to the job openings and the images:
http://www.spearheadlimited.ca/Careers/all_positions.asp
HUGE IMHO!!!!
So why is SPHE hiring on top of itís staff that is already bringing in over $15 million in revenues a year. Well here is whyÖ they have landed MILLIONS in contracts from the Canadian Govt for IT work and consulting. Now how many times have you seen a PR from a PinkSheet company saying they have landed a contract/govt contract for millions of dollars? I have seen it a few times. Well the difference here is we have FACT. Right on the Canadian Govt Website! HUGE IMHO!! And itís 5 pages long!!!!
Link: http://www.disclosed.ca/?keyword=SPEARHEAD+MANAGEMENT+CANADA%3C%2Fb%3E
Over 5 million dollars in contracts ! And this is one of the companies clientsÖone!
There are many different ways to get a companies valuation and a value on the PPS. With SPHE, until they release the updated financials for 2008, I use the Market Cap.
As of todays close SPHE has a market cap of 2.48 million. Based on the revenues from 2007, SPHE should be at least at a $15 million market cap, which would give us a PPS of .40!. If you use some trends from Big Boards like Google it is MUCH HIGHER. Google did 16 billion in revenues for 2008, yet has a market cap of $128 Billion! Thatís almost 8 times its revenuesÖ Using the same formula one could give an estimate PPS of SPHE of $3.20!!!. And with these new contracts and SPHEís goal of being a Billion Dollar company, one could only guess what the True PPS valuation should beÖ you can be sure itís not anywhere near todayís close of .08Ö
SPHE trades very thin. It has 23 million shares in the float with a 41 million O/S. The Share structure has remained the same for at least 5 years, and there is zero dilution. PinkSheets Lists 140 shareholders, which leads me to believe there may be many stakeholders holding here. The true float may be much much smaller.
Insiders and institutions hold 28 million shares of the O/S! Thatís more than Half!
Tight Share structure!
So SPHE was at .80 in 2005. I added all the trading volume since that time to get us to .01 and there has been only 2,421,382 shares traded. BUYS and SELLS.
Based on the Monthly chart, there is really little resistance for .50-.80 test.
Updated 6-28
Take a look at some of SPHE's Partners:
Also, SPHE was listed as a fully-reporting company in March.
It was changed to 'Stop' in April after notifying that it was going to be late with it's year end financials.
Also, Read this post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39062850
COmpany is still looking for acquisitions for companies doing between 20 and 200 million in revenues!!!!!!
GLTA!
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