On most penny stocks, stuff like that is what people tend to point out because they typically don't have any real cash flow to speak of, and typically they have a lot of debt.
So, I see people talking about this stock like it's the rest, and it isn't, purely because unlike most penny stocks SPNG is actually a growing financial success. They have a good cash flow and no debt.
That's the interesting thing I see about people that split hairs trying to bash this stock - SPNG is already a financial success and growing with no debt. People should read the Reuter's report before they start off with the bashing.
Even IF the bashers are right about the OS, and they won't be when it all is said and done, the PPS is still WAY undervalued.
Just wait till Lysol arrives this month.
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