Speedemissions Inc. (SPMI)

[StockRocket]

New updated info SPMI: Speed Emissions Inc. (SPMI) is franchise car emission testing center that now has 43 locations in 4 states. However, with emission testing not as profitable as it was a few years ago, the companies board has recently decided to change the business model of the company to be in the bigger ticket items of car care maintaience arena; Tune-ups, oil change, brakes, diagnostics, emission repairs, headlight replacements, transmission, air conditioning, etc... It's quite amazing the company has delivered $8-$10 million dollars in revenue each of the last few years in just emission testing. Experts say that emission testing is less than 2% of the revenue available in the car care market. The seem to have cornered the market for it in the markets the reside and have a track record of excellent customer service right down to the ceo....please watch this video.http://www.speedemissionsinc.com/awards.html

Now, as we move into the last quarter of 2013 Speed Emissions is laying out the plans for new store franchises and existing store conversions to Speed Emissions Car Care Centers. Early projections have the converted stores earning 5 to 10 times the revenues the 1st 6/12 months alone. The company is now going full throttle in its plans securing new franchises, new locations and making plans to convert existing locations over to the new model. Although most of these locations will not open to very early 2014 (6months from now) the are optimistic to get some locations up and running in the next few months. In addition, the signed a LOI with First United Equity for financing this project. I called the company and was told the financing is earning/ revenue based and does not involve any dilution of shares. The CEO does not believe in selling shares to finance the company....his past actions since 2007 the inception of the company support this. We are awaiting this deal to be officially signed and made public. One thing missing now for this company is to put a place a IR firm to help market, brand and show small and micro cap investors value in the company.

Fundamentally-
1- now 43 stores as of oct. 25th..added 7 new locations... and expanding $8m in revs per year.
2- First United Equity Deal for Financing ( earnings/rev based) not dilutionary)
3- New business model stores and conversion of existing franchise stores to Speed Emissions Car Care Centers. (*They did about $8M dollarson just emission testing alone last year, which is less that a 5% if that of the car maintaince market....they will now be entering the much bigger piece of the pie in tune up, headlights, brakes, fluids, transmission, etc...Projections are for the new model stores to increase revs 5 x 10 times the very minimum the first 6-12 months.
4-. I believe in 6-12 months it will be worth .50-$1.00+ This is a real 43 store brick and mortar franchise company in 4 states and expanding into their new business model of Speed Emissions Car Care Centers....The will now be in the market of the big ticket repairs to cars and not just the $15-$25 emission test....THIS IS HUGE MOVE FOR THE COMPANY. Amazing the did $8m in revs on just emission testing alone...Projections on new model will increase revs 5 x 10 times the first 6-12 months alone.
5- FULLY REPORTING OTC QB high tier stock
6-Customer Service down to the CEO: http://www.speedemissionsinc.com/awards.html *LISTEN TO THE 45 SECOND VIDEO.*
7-About Speedemissions Inc. http://www.speedemissions.com
About CARbonga.--> Revolutionary Car Diagnostic App: http://www.carbonga.com

Listen to interview...excellent: http://thestockradio.com/richard-a-parlonteiri-president-ceo-of-speedemissions-inc-otcqbspmi/2856

1- opening up 24 new stores in the next 6-12 months.
2- new business models open in Atlanta, GA..will be converting over current stores and building new ones with 4-6 bays....SEE PR IN SEPTEMBER AND IBOX FOR NEW UPSCALE MODEL STORE FRANCHISE PLANS
3- NOW approved to franchisee Speedy Emissions Car Care Center new platform business model in 32 States.... ****HUGE***