The Next Player in a BILLION DOLLAR MARKET IS… $SPOM (Yea, right!)

The Next Player in a BILLION DOLLAR MARKET IS… $SPOM (Yea, right!)

Here is a company that made a deal with a capital company. Obviously didn’t like the results of the deal they made in relation to how the financing affected the share price of the stock Then they decided to send a letter and ask that capital company to stop the process of registering the shares. 

Why? 

Two statements from the press release yesterday:

  1. SPO Global will no longer be engaging with Blackridge Growth fund, for their capital raising services.
  2. SPO Global has been informed that the valuation of the company and its assets is substantially higher than originally envisaged.

 

First, let’s talk grammar.

Do they not know anyone that can proofread their press releases? Bad sentences are all over the release. They put random commas in odd places. It’s a joke. A press release is not an iPhone text message. I do commend them for not including emojis, but that’s about all I can so for them.

 

Now “Content”

In the first sentenced numbered above, they are asking a capital company to simply stop doing what they are doing. What is the status of the contract with that capital company? They are not always the bad guys. Sometimes companies make deals, get money, then try to screw the capital company as it tries to collect what is rightfully its to collect.  That sometimes means that they can sell a huge number of shares into the market to recover money owed them. They have to do it within the scope of the laws and all regulations. They also have to do it within the scope of the contract. 

I love their item I’ve numbered as 2 above. They’ve been informed that their company is worth so much more. Who told them that? Let me guess, the company they are contracting with “to produce a valuation report that will reflect the true value of the company.”

 

This could be an attempted stop pump – or maybe it’s all TRUE! Maybe I’m the IDIOT!

They are hiring this firm – Goldman Small Cap Research – to do a “valuation” on them. Note that this was written in the press release that “SPO Global has been informed” that they worth substantially more. That is not an accidental statement. 

NON-REPORTING SMALL CAP COMPANIES THAT ARE DOWN MORE THAN 99.9% FROM HIGHS OVER THE LAST TWO YEARS GENERALLY DON’T FIND IT “PRUDENT” to hire a research company to do a report on their company unless they know the company is going to make it a very positive report.

A RESEARCH COMPANY DOES NOT GENERALLY FIND IT PRUDENT TO DO A REPORT ON A STOCK THAT IS DOWN MORE THAN 99.9% FROM HIGHS IN THE PAST TWO YEARS – UNLESS THEY SEE IT CHANGING FOR THE BETTER – OR THE MONEY IS SO GOOD THEY DON’T WORRY ABOUT IT. 

A research company can never, ever promise to make it a very positive report. By chance somebody at this company talking to some company or someone (not named in the press release) that indicated to them their company was massively undervalued. Someone at SPOM was so happy with that news that they hired Goldman Small Cap Research to do a research report on them. Someone at Goldman Small Cap Research is doing such a report for a fee.

Will that be a positive report? I am pretty good at connecting the dots, but I cannot say for sure. I also cannot say whether or not Hillary Clinton was running a “pay for play” enterprise that sold her influence in exchange for speaking fees, donations to her “foundations” and other freebies. I cannot say for sure because I am not privy to all the conversations.

What I can say is that this is a non-reporting Pink Sheet stock that is down more than 99.9% in the past two years. That’s comparing a recent low to the all time high in that period. They used to be “SPO Medical” but now they find the word “Global” to add so much more value. 

 

What does SPOM do?  It’s going to be focused on become a “major player” in “this exciting billion dollar market.”

From their OTC Markets updates:

S.P.O. (SOFTWARE PERFORMANCE OPTIMIZATION) GLOBAL INC, is an emerging technology company that is focused on selling its unique performance testing optimization and monitoring software IP for all enterprise applications. The focus of SPO is to build the company into a major player in this exciting billion dollar market.

SPO Global on 23 December, 2015 purchased the technology company Reflective Solutions Ltd that sells its Software performance Testing and Monitoring software with its own unique IP to major enterprises in North America and Europe and the rest of the world.

The principle software products of Reflective Solutions is “Stress Tester” a robust Performance Stress testing solution for large enterprise applications and its product “Sentinel” that is providing enterprise customers an intelligent monitoring solution 24 / 7 software as a service ( SAS). The company has in August released a new Quality Assurance (QA) service as part of its suite of offerings in the testing market space.

 

Good luck to all with SPM Global!

 

SPO Global Has New Important Update for Shareholders

WOBURN, MA / ACCESSWIRE / September 13, 2016 / S.P.O. GLOBAL Inc. (OTC trading symbol “SPOM”), an emerging technology company wishes to further update all its shareholders on its current situation.

SPO Global has today written to Blackbridge Growth Fund, to cancel the process of applying to the SEC to register free trading shares under a Reg A statement.

SPO Global will no longer be engaging with Blackridge Growth fund, for their capital raising services.

SPO Global has been informed that the valuation of the company and its assets is substantially higher than originally envisaged.

SPO Global board of directors has been advised that in the interests of all shareholders it’s the duty of the company to ensure that an independent valuation should be made before any potential sale of the business.

SPO Global has therefore retained the services of Goldman Small Cap Research, to produce a valuation report that will reflect the true value of the company.

Goldman Small Cap Research has undertaken to perform due diligence on SPOM and its industry, interview key management, identify peer group and competing products technologies and approaches and review its current and future customers, and all its filings.

For more information on Goldman Small Cap Research can be found at: www.goldmanresearch.com

For more information on SPO Global visit: http://www.spoglobal.com/.

About

S.P.O. Global Inc.

S.P.O. (SOFTWARE PERFORMANCE OPTIMIZATION) GLOBAL INC, is an emerging technology company that is focused on selling its unique performance testing optimization and monitoring software IP for all enterprise applications. The focus of SPO is to build the company into a major player in this exciting billion dollar market.

SPO Global recently purchased the technology company Reflective Solutions Ltd that sells its unique IP software to major enterprises in North America and Europe.

The principle software products of Reflective Solutions is “Stress Tester” a robust Performance Stress testing solution for large enterprise applications and its new product “Sentinel” that is providing enterprise customers an intelligent monitoring solution 24 / 7 software as a service ( SAS).

SPO Global recently released its annual financials which can be found on the OTC MARKETS web site athttp://www.otcmarkets.com/stock/SPOM/profile.

For more information on SPO Global visit: http://www.spoglobal.com/.

 

 

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, expectations regarding the successful expansion of our product base,profitability, market acceptance of our products and new product applications, timing of new product launches, product performance, size of prospective markets, marketing strategies, success of our restructured operations and plans, our ability to generate fees or raise capital to support our business operations and plan, the sufficiency and availability of working capital, changes in economic conditions generally and in more specifically, the introduction of competing products, changes in our operating strategy or development plans, patent protection for our products and technologies, changes in economic conditions generally and in more specifically, in the markets we operate, changes in technology, legislative or regulatory changes that affect us. We undertake no obligation to revise or update any forward-looking statement for any reason.