People, both ladies and gents, young and old alike.....
2 weeks ago we were pushing 23 cents... What's happened between then and now...
Company announces reversed split to qualify for nasdaq
Company is tardy on 10k due to circumstances beyond companies control...
SPNG is continuing to grow revenue and earnings, increasing market opportunities, as well as achieving their 100,000 goal of stores selling product.
The 10k will be filed.
The nasdaq will work itself out
Share structure is dwindling
On th way to 300m in revenue
On the way to 60m in earnings
The problem is when we measure a company by it's share price.
I once owned a stock that had a market cap well above where the fundys said it should be trading. What happened? Once the street figured it out it fell like the house of cards it was.
This is the opposite situation. The fundementals are such that we shoud be well over a $1. But the street has not given us the proper value "YET"
And we know why don't we. Minipulation, shorts, panic, and the BB.
As the company continues it's rapid accent all these things will play themselves out, and the only thing standing will be the fundementals..
Were standing on very solid ground, and the pps will eventually concur.
