SPAL - This Low Share Count Shell Looks Poised to Post Gains On Reinstatement and Name Change

SPAL was sleeping for almost 4 years with only a handful of trades during that time. Investors had forgotten about this stock and left it for dead until just recently when the shell was reinstated at the Secretary of State. A shell stock reinstatement by itself is a positive step toward a stock becoming active again. But that isn't the only good news for SPAL shareholders. There is also a name change at the Secratary of State:Spantel Communications, Inc is now Systems America. Another move by the company occurred late last year when they filed to have SPAL deregistered under the auspices of Rule 12g-4(a)(2). These are all steps to facilitate a reverse merger and we all know what happens when these mergers get released on the wires. The potential for enormous gains is what draws investors to these type of stocks and what should draw investors to SPAL.

When SPAL was actively traded almost 4 years ago it was a $.10+ stock. That was when the company was winding down, it traded as high as $1+ through the years. Currently SPAL is at $.02 a share. With an outstanding share count of 21 million per Pink Sheets and an authorized share count of 100 million per the Secretary of State filing, this stock will move much higher with the smallest amount of buying pressure.

Also consider that investors have yet to come across this change at the Secretary of State as well as the recent SEC filing. The time to get into these stocks is before this information hits the street and certainly before the news hits the wires. I don't think SPAL will be hidden from the spotlight for much longer.

This will be a stock to watch going forward.