Loniee I felt same way and still do about most penny stocks. Got tired of all the pr's and yet so few ever make money. Talk a big game but few make profits.
I was same way with SPNG before 10Q filed in April 08. That made me look further. So after my one long talk with management last year about long term business plans I became a long.
I finally had a cheap one who showed my a profit on a 10Q. Then just kept growing them at a big rate. I doubt we ever see one do this again. Even if they make a profit few will have mamagement fund it or grow by 9 million in a year.
SPNG is just a very rare company with results this good. Great business plan that has a lot more to come.