SPO Networks Inc (SPOI)

[Johnny4profits]

INVESTORS ADVISED AS HLNT MAY BE LOOKING UP

March 26, 2014: http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=227125017

Company management is aware of the tax lien filed against HTI. Management was proactive and retained a company that specializes in negotiating with the IRS to satisfy outstanding liabilities. It was hoped that the company would have revenues streams that would satisfy the liability before the lien was filed. However, the company has not had such revenue streams.

The company has continually had struggles with being properly capitalized. Much of the time, key members of management did not receive pay and what money was available for expenses was paid to staff of HTI in order to retain them. There was never wrongful intent by not paying the liabilities. There was simply very little
money available and in order for the business to continue, staff
wages had to be paid.

It is still the company’s intent to satisfy this debt. The negotiations with the IRS will take time, but an equitable solution will be found. With a successful testing at Aberdeen and the realization of other opportunities that HTI has been developing, management believes the liability can be satisfied in a reasonable amount of time.

Any material updates concerning the liability will be posted for shareholders on the OTC website.

http://www.otcmarkets.com/stock/HLNT/financials




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