Replies to post #9848 on Speedemissions Inc. (SPMI)

[ceobillionaireboys]

Exactly. positives things finally taking place with SPMI. figured out what was working and sold what wasn't. Now just hope management is doing something good with the 1.7 million in cash they received.

[wEaReLeGiOn]

Uh, they've been in business 14 years, and for 14 years they've lost money. That sounds like a business that shouldn't be in business, and a stock that shouldn't trade; wait, it rarely trades. The 1.7 million dollars went to pay off their lender of last resort, because the lender called his note.

Good luck with this pile.

A lot of companies that expand quickly don't show profit and take on debt. Like I said it will be interesting to see what they do with 1.7 million dollars.