SPO Networks Inc (SPOI)

[okiearki]

NEWS!!!

https://www.accesswire.com/689797/SPO-Networks-Inc-SPOI-Announces-Plans-For-A-Reverse-Stock-Split

[36Knuckle]

Tom Smith, The Company's, CEO And Majority Shareholder Is Also Cancelling 3,965,471,162 Of His Common Shares; Approximately 47% Of The Company's Present Outstanding Shares

FARMINGTON, AR / ACCESSWIRE / February 22, 2022 / SPO Networks, Inc. (OTC PINK:SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary plus a newly launched medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, today announced that its Board of Directors and a majority of shareholders have approved a reverse split of 1 (one) to 1000 (one thousand) split of the Company's common stock.

As of February 21, 2012, there were approximately 8,336,207,783 shares of the Company's common stock outstanding.

Also, in tandem with the reverse, Tom Smith, the Company's Founder, CEO and majority shareholder is retiring/cancelling 3,965,471,162 of his common shares which will be converted into a note. This will reduce the shares outstanding to 4,370,736,621 prior to the reverse.

After the 1 for 1,000 reverse split, and the cancellation of Smith's shares, the outstanding shares shall be reduced to 4,370,737 shares.

The reverse split will become effective no less that fifteen (15) days after the issuance of this announcement. Upon the effectiveness of the reverse stock split, SPOI stockholders will receive one new share of common stock for every one-thousand shares they hold.

[36Knuckle]

Market Cap Market Cap
23,341,382
02/16/2022
Authorized Shares
10,000,000,000
02/15/2022
Outstanding Shares
8,336,207,783
02/15/2022
Restricted
5,474,570,496
02/15/2022
Unrestricted
2,861,637,287
02/15/2022
Held at DTC
2,491,875,116
02/15/2022
Float
2,861,637,287
07/27/2021

Not running scared really...would be nice to see more from the new PR intern other than pics of piles of twisted metal...last outline she posted completely dropped any mention of getting into MJ, so I don't know what happened to that thought...Tom Smith must have thought it would bring in investors at the time...which it did...every couple weeks vol goes nutz...next day they sell it for beer money...it's all about the wait time now...OTC sucks since last spring...

[MooseMan555]

Who is running scared on this?

[36Knuckle]

SPO Networks@SPONetworks·1hSPO Networks, Inc. is actively exploring potential acquisitions and opportunities in diversified industries, including solid waste, scrap metal recycling and demolition with special waste remediation. $SPOI

[OTCPennyTrader]

Very quiet around here...

[MontanaRealtyCompany]

revenue looking good

[36Knuckle]

Officers
?? $SPOI | ?? 0.0035
?? New: Director - Dennis Millet, Tom Smith
?? Old: Director - Thomas J Miller, Dennis Millet, Tom Smith
Links
Twitter Cashtag Link | OTCM Link
Updated: 01/31/2022 17:41:16 | Free Updates For All

[36Knuckle]

?? SPO Networks, Inc. is actively exploring potential acquisitions and opportunities in diversified industries, including solid waste and scrap metal recycling. Currently operating in Arkansas, Colorado, Oklahoma, Missouri and Kansas with plans to expand Cannabis pending state regulations. SPO has targeted recreational cannabis, genetic seed operations with the expectation of rapid expansion in the cannabis industry. SPO is developing its cultivation facilities for extraction operations, wholesaling of cannabis and cannabis extracts in Colorado to licensed retailers and wholesalers. Eventually, the goal is to expand to retail product manufacturing and dispensary operations in several states, allowing SPO to offer a pricing strategy that will be attractive to consumers large and small.

SPOI update from OTCM...1-31-22

[OTCPennyTrader]

Loaded some more today. It's so crazy that the market isn't around to absorb an actual profitable stock like SPOI. Today's news was nice. And I'm ready to take out anyone else who wants to dump under 003

[Stockboss724]

This is great news and a great tread on revenues. Just wait until we get the cannabis business over to the shareholders! Right now, Tom is paying rent to Tom, sitting on a marijuana gold mine!

[1TIMEPLEASEGOUPPPPP]

NICE NEWZZZ THIS MORN~ $SPOI

[36Knuckle]

Jan. 26, 2022 4:20 AM ETSPO Networks, Inc. (SPOI)
The Preliminary Numbers Pending Year-End Adjustments And Audit, Show That For The 10 Months Ending 12/31/21, Revenue Exceeded $6.8 Million, While Pre-Tax Income Approached $1.3 Million.

[36Knuckle]

SPO Networks
@SPONetworks
·
1h
$SPOI Morning operations

[Sunnybank]

Wow, one bright spot today (so far!) in a sea of red.

[36Knuckle]

Look at this...ask and you shall receive...

SPO Networks
@SPONetworks
·
5m
We are delighted to engaged Ms.Preya Narain as Social Media Manager for $SPOI as we look to increase our communication with our shareholders.
@PreyaCo

[36Knuckle]

some news wouldn't hurt...the MJ biz's for one...a twit account for another...that would mean having a PR person...I know...too much to ask for...

[MooseMan555]

From what I see, one of the people that traded their preferred shares for common and got unrestricted is dumping it to get whatever they can. It doesn't mean that any of us are worse off for it if we hold, just that if the market-makers would drop the ask as well there would be buying opportunities. Greed is funny stuff ...

[36Knuckle]

Is that a gap I see...1yr chart...6-14-21 H.0008 6-15-21 L.0028 that needs to be filled?

[MooseMan555]

I wish I could do that but the spread makes it impossible.

[36Knuckle]

These 2 tic flippers are playing this like a ATM...no catalyst no future...

[MooseMan555]

WTF is going on? This morning it is .0034 / .0037!

[MooseMan555]

This morning was interesting. When I saw that dive on the ask I put in an order and got half of what I wanted, but as soon as the market makers saw someone was buying up went the ask.

[MooseMan555]

So is it scared folks or is it stock that have been released from restriction vs no buyers? IOW ... Whaaaaa?

[Sunnybank]

Maybe it’s just taken him awhile to recover. Sometimes we just need to stop kicking old turds. Let’s leave the past where it belongs. JMO

[36Knuckle]

They could use some "Grass covered" news out...MJ about to wake up here. This is in "company profile; Cannabis (Colorado) Green House genetic seed operation Dispensary...

[prowler3701]

I wrote this off years ago;so I'm very happy we're still in the game. Ya never know what might happen; especially if we expand into lithium mining <vbg>

Apparently, we already have the grass covered!!

[Midwestrader]

Yeah it would be buddy. NO CEO or officer or BOD member can give you privately any information concerning future plans of the Company UNLESS it's been released as PR to all the other shareholders. Think YOU and you alone should have an advantage? The SEC doesn't and Tom Smith would know that too.

Maybe you should take a look at what constitutes insider trading per the SEC.

Buddy (midwest) don't know why you are so bitter, but you might want to look up what insider trading is.

[Stockboss724]

So if Walmarts CEO told you that in the future they are thinking about expanding stores in the future, that would be insider trading....Buddy (midwest) don't know why you are so bitter, but you might want to look up what insider trading is.

[Midwestrader]

If you "talked" to Tom he couldn't told you anymore than the weather or stuff about SPOI that everyone already knows through PR.

Discussion of SPOI plans now and in the future would be considered insider trading (SEC really,really frowns on that kind of stuff) unless all those plans had been already released through PR for everyone to see.

[Midwestrader]

LOL..Smith has owned this ticker for FIVE YEARS. By Nov/Dec 2016 HLNT disappeared and it became SPOI.

Smith paid off Chad's 100K IRS lien back during the summer/fall of 2016.

This is a new company startup taking over the HLNT shell. All new management and new business plan.

[okiearki]

I agree. I have talked with Tom and do expect good things. It will take time to put his plan together, but he is working hard at it. Dealing with government permits and etc. does not happen overnight.

Also, Tom is planning on having the financials audited again for year-end with the plan of moving up to QB. More long range, but positive expectations.

That being said, there are no guarantees.

[Stockboss724]

I agree with you Moose! In my opinon, I think it's just a pretty simple explaination. A buyer jumped in when the skull and crossbones was removed and got tired of waiting. We gained about 8 (from what I could tell) Penny stock players that were here for the short term. This is a long-term investment that I think will pay off well. I believe in what Tom is doing and he will be transparent if you call him.

[MooseMan555]

I have to agree with the "weaseled" part ... But I also had to smile at the term "hanging Chad" ...So why are we down to .004? What's up that we do not know about?

[prowler3701]

Yep, since the price is going down, I figured he may have weaseled his way back in the picture <vbg>

Mr Smith, we need some reefer madness quick ;^)

[MooseMan555]

You are only teasing like that because the price is going down! Right? Do you want him back?

[36Knuckle]

Chad who? A dangling chad? A hanging chad?

[okiearki]

No. You can check the website for a list of principals. If you still have doubts, ask Tom Smith. Contact information also on website.

[prowler3701]

Is chad back in the picture <vbg>

[MooseMan555]

.004? Whaaaaa?

[OTCPennyTrader]

Still holding here. That was a nice block that went through at 005

[Stockboss724]

I couldn’t agree more

[okiearki]

Aren't most OTC startups made up of "will be's ..."? This is a new company startup taking over the HLNT shell. All new management and new business plan.

How many new OTC companies have you seen that are showing a net income from the start? And the second quarter net income increased 55% over the 1st full quarter income. All this without any of the cannabis income being included.

Looks good to me!!

___________________________________________________

Looks like a lot of "will be ... " in that item.
___________________________________________________

[MooseMan555]

Looks like a lot of "will be ... " in that item.

[AskMuncher]

$SPOI SPO Networks, Inc. (SPOI) Timely Files Quarterly Report On OTCMarkets; Shows Pretax Income From Operations Of $2.2 Million+ During Third Quarter 2021
Press Release | 11/16/2021
The Pretax Income Through Seven Months Ended September 30, 2021, Was $4.9+ Million

FARMINGTON, AR / ACCESSWIRE / November 16, 2021 / SPO Networks, Inc. (OTC:SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary plus a newly launched medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, today announced that it has timely filed its Quarterly Report for the Third Quarter of 2021[1].


Tom Smith Founder of Red Line and CEO of SPO Networks Inc. said: "Our filing shows that we are growing at increased pace, adding assets we and hope to continue substantial growth through next quarter and beyond. The Company is coming off a blockbuster Q3, where we showed a:

Pretax income of $2,230,621 million, and Seven Months Ended September 30, 2021 of $4,930,290 million;
Net income of $536,586 million, and Seven Months Ended September 30, 2021 of $1,376,445 million; and
The cannabis acquisitions that we have under contract, had revenues of $186,000 but cannot be recognized until licenses are transferred, which should occur in Q1-2022.
We have been adding assets and increasing revenues and we and hope to continue substantial growth through next quarter and beyond."

SPO Networks, Inc.

SPO Networks, Inc. is actively exploring potential acquisitions and opportunities in diversified industries, including solid waste, scrap metal recycling and demolition with special waste remediation. Additionally, SPO maintains the belief that patients and customers have a right to high quality, economical, and clinically-validated cannabis products. Towards this, SPO aims at medical and recreational cannabis and genetic seed operations with the expectation of rapid expansion in the cannabis industry. SPO is developing its cultivation facilities for extraction operations, wholesaling of cannabis and cannabis extracts in Colorado to licensed retailers and wholesalers. Eventually, the goal is to expand to retail product manufacturing and dispensary operations in several states, allowing SPO to offer a pricing strategy that will be attractive to consumers large and small.

For more information, please go to: https://www.spoinow.com.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual

results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/SPOI/disclosure

Contact:
www.spoinow.com
479-443-6000
[e-mail]

[1] https://www.otcmarkets.com/otcapi/company/financial-report/311134/content

SOURCE: SPO Networks, Inc



View source version on accesswire.com:
https://www.accesswire.com/673004/SPO-Networks-Inc-SPOI-Timely-Files-Quarterly-Report-On-OTCMarkets-Shows-Pretax-Income-From-Operations-Of-22-Million-During-Third-Quarter-2021

[36Knuckle]

Yup...saw it;

SPO Networks, Inc. (SPOI) Timely Files Quarterly Report On OTCMarkets; Shows Pretax Income From Operations Of $2.2 Million+ During Third Quarter 2021
November 15, 2021
The Pretax Income Through Seven Months Ended September 30, 2021, Was $4.9+ Million

FARMINGTON, AR / ACCESSWIRE / November 16, 2021 / SPO Networks, Inc. (OTC:SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary plus a newly launched medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, today announced that it has timely filed its Quarterly Report for the Third Quarter of 2021[1].

[WrigleyDog]

https://www.otcmarkets.com/stock/SPOI/news?id=331086

[Stockboss724]

Look at section 5).A.

[36Knuckle]

Tuesday, September 14, 2021 4:20 AM
Share this article now
Topic: Company Update
SPO Networks, Inc.
HRS to assist in the design and permitting of a water supply for a proposed 30 acre grow operation adjacent to the existing greenhouse facility; Company Targets Late Spring 2022 For Bringing Outdoor Operations Online.
This was posted on 'Accesswire today...Para below was posted on 'Filing:re today...
Note 1 - Description of Business
SPO Networks Inc. is actively exploring potential acquisitions and opportunities in diversified industries,
including performing and non-performing loans, coffee retailing and roasting, solid waste and recycling,
general contracting, construction, demolition with special waste remediation...
You would think they would mention MJ news?

[Stockboss724]

https://www.otcmarkets.com/otcapi/company/financial-report/311134/content