THREAD ALERT
Company Name: Sports Group International Inc
Symbol: SPGK
Exchange: (OTC:BB)
Recent Price: 0.375
52 week Price: 0.125000 - 3.750000
Float: 2 Million(Approx.)
*****CONTACT*****
Phone: (602) 443-0200, ext. 131
URL: sportsgroupintl.com
Address:
Sports Group International, Inc.
7730 East Greenway Road,
Suite 203
Scottsdale, AZ 85260
Kevin Blackwell, is the President / CEO and Chairman of the Board of SPGK
*****SUMMARY*****
--"Coming soon... e-commerce so you can order online." Source: Companies
Website on the Surf City squeeze page.
--"Sports Group International Inc. is currently cash flowing and profitable."
--The Company has a goal of setting up 600 locations over the next 12-18 months domestically. 15 locations are under development and the company plans to continue expanding its franchise system
--Sports Group International Inc purchased the Frullati Cafe & Bakery for 6.5 million dollars. Frullati Cafe & Bakery had revenue of approximately $30 million in 1998.
--The Spaulding name that is their sports drink division has endorsers like Larry Holmes and Clyde Drexler.
--According to Entrepreneur Magazine, the juice bar industry is one of the hottest franchise businesses in the U.S.
--Rumors of a news release in the short term are also strong!
-- It is rumored that the Company is planning a shareholder's meeting next month, tentatively Oct. 12. At that time they will present the audited Co. financials and all subsequent plans
*****PROFILE*****
Sports Sports Group International, Inc. is a marketing and licensing corporation (OTC BB: SPGK) dedicated to the design, development, marketing and distribution of natural health and nutrition products. The Company strives to maintain integrity regarding the health care needs and
maintenance of the human body, as well as endeavors to provide an educational platform for offering information relating to health awareness issues.
SPGK's subsidiary, Surf City Squeeze, is a juice bar company with approximately 120 locations throughout the United Sates. Surf City Squeeze was founded in 1981 by Kevin Blackwell, who is now President / CEO and Chairman of the Board of SPGK. Surf City Squeeze plans to add up to 600
locations throughout the U.S and Canada within the next 12 to 18 months.
According to Entrepreneur Magazine, the juice bar industry is one of the hottest franchise businesses in the U.S.
Frullati Caf‚ and Bakery is a Dallas based company recently acquired by SPGK. Frullati currently has 92 locations in regional malls, airports and medical centers offering sandwiches, salads, smoothies and other baked goods. An additional 15 locations are under development and the company plans to continue expanding its franchise system.
*****CONCLUSION*****
Momentum Picks feels that with the Current Increase in volume and rumors of a Strong News release around, with E-Commerce site of SPGK coming soon Momentum Picks has Given SPGK a STRONG SHORT TERM SPECULATIVE BUY!
*****RESEARCH LINKS*****
ragingbull.com
bigcharts.com
Joe PTG&LI !!! flipping only |
