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FREE Daily Stock Alerts From DrStockPick.com
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DrStockPick.com Watch List!
My Big Pick for Monday Mar. 1st, 2010 is:
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SRCO, Sparta Commercial Services Inc., SRCO.OB
SRCO is a nationwide financial services company dedicated to the powersports industry, offering financing and leasing products to consumers and retail powersports dealers, as well as a variety of commercial products for government agencies that require motorcycles and other equipment for law enforcement activities.
SRCO financing programs are well positioned to have an ENORMOUS impact on municipal and fleet leasing markets which in turn would present multi-million dollar revenues.
SRCO’s Commercial Fleet Leasing Program
The motorcycle rental industry has found an improved acceptance in the consumer marketplace. With the higher prices of desirable motorcycles and consumers who have less time to ride, the business model for motorcycle rentals has never been more attractive than now.
With SRCO’s Fleet Leasing Program, dealers are now able to lease their units, conserve their cash, and make modest monthly lease payments until the vehicles are removed from their rental program and put back on the showroom floor for resale to a retail customer.
That’s exacly what powersports dealers in the rental business are looking for.
SRCO’s Municipal Leasing Program
In the current economic downturn where state governments have been borrowing from the Federal government simply to pay their debts, a new source of financing has come of age, leasing government necessities, thus freeing up needed cash for reserves.
We all know that Police vehicles have a period of usefulness before they must be replaced, along comes SRCO with financial packages that make law enforcement a financial reality.
SRCO has developed a leasing program that allows state municipalities to lease their Motorcycles and vehicles freeing up resources for other obligations.
SRCO offers an economical alternative to the traditional outright purchases of equipment required by local, city, or state governments enabling the agencies to lease their equipment rather than purchase it thereby extending their payments over a period of several years. SRCO’s Municipal Lease Program can support many other asset classes in addition to the police motorcycles leased by these cities.
SRCO’s Municipal Lease Program might well experience exponential growth in the near future with the outstanding financing alternatives SRCO is able to provide government agencies as they look for ways to lower their cash expenditures.
As a result of the expansion of its Municipal Lease Program to include several new asset classes in addition to police motorcycles, SRCO has received a number of requests from local governmental agencies asking SRCO to finance vehicles such as armored tactical trucks, electric/hybrid passenger busses and police cruisers, as well as other essential equipment used by those municipal agencies.
*** Furthermore, SRCO has an agreement with Armet Armored Vehicles, Inc. SRCO will offer its Lease Purchase Financing Product to municipalities throughout the U.S. that purchase units from Armet’s line of tactical armored vehicles.
Just check this out:
Armet is a worldwide leader as a manufacturer of custom designed armored vehicles. With production facilities in the United States, Australia, India, Canada, and Malta, and service and sales locations in numerous countries throughout the world, Armet’s leadership position in the armored vehicle industry is unequalled.
Armet’s armored vehicles typically range from $200,000 to $250,000, and are being utilized by police departments, heads of state, government agencies, and VIP’s around the world.
** As you’ve just read, SRCO has a HUGE Ready Market Opportunity with its Municipal and fleet Lease Programs.
The door is open to enter these multi-million dollar revenue potential markets for SRCO.
Take a look at SRCO’s 1 month chart:
SRCO Last Trade $0.03.
So, like Wall Street people always say “Buy Low, Sell High!”
With that kind of Market Opportunity and as the number of dealers using SRCO’s financing services increases, SRCO has a HUGE Potential of Great Upside, because its revenue stream could be dramatically impacted in a positive way, changing its trading levels in no time.
So keep a close eye on SRCO from now on! The rally could be coming and you are on time to include SRCO on your radar! You don’t want to be out of the Action!
More about SRCO at www.spartacommercial.com
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites www.crwenews.com, www.stock-ir.com, www.PennyOmega.com, www.PennyToBuck.com, giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com
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