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Does anyone else think that due to Gerpang and Spo reversing the merger, that should also mean all shares issued for Gerpang should be cancelled out in due time, due to Gerpang not withholding its end of the agreements. Myself, that’s a plus that should possibly be handled in due time. Anyone speak to them directly?
Great buying today. Cant wait until the merger comes! Will move on air!
(Insert Laughing Emoji)
What proof ya got there’s no merger? Because all things point to it already in progress? Are you guessing, or just spreading misinformation you have no clue about?
Absolutely couldn’t even begin to estimate that. Especially how this Market is lately. To many factors unknown at the moment.
And I agree. The shares issued has to be toward the new merger. Other wise no since in issuing them. Cant issue new shares to just anyone unless 1. Private investors restricted to raise cash at a certain price. 2. Or issuance of new shares to acquire a company at …. Price per share so on, which will also have to be restricted.
How do you expect them to make a deal then? Do you know how most reverse mergers or mergers work? Not through cash deals but insurance of shares.
Yeah just an overreaction to the new shares O/S. I guess people don’t realize you can’t merge for free into a new Company, it’s usually don’t through an issuance of shares. Hope they didn’t sell at a loss due to the FEAR posts about the O/S posted.
Well, if you also dive deeper. That owner is also what seems maybe a family business, that also branched to AMS “Allure” if you look at both Company socials they do quite a bit of impressive work. Wonder if they have more, I haven’t had time to dive deeper. However, biggest kicker to me. Is they spent the money to do so and reverse merge another company they most of felt a better fit. Prior to this, the old company held over $3 million in assets, cash and etc. So, why move away from that company to a new one? I wouldn’t think for a lesser of the two.
If big if that’s the Company. Makes me wonder if it’s a combination of Companies. From everything I’ve seen they own numerous companies in this sector around Florida.
If that’s it, the other Co is showing $5,000,000 annually, doesn’t include Allure. However, it’s much bigger than countertops they do a lot more luxury pool, decks, all sorts of stuff. Has great reviews and a ton of projects listed on their FB and Socials. Good work. Maybe it’s a combination of Companies.
Also noticed this was filed on 8/6/2024 under the same exact address as the filings on 8/1 under Spo Global
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=Address&directionType=Initial&searchNameOrder=ALLUREMARBLE%20L240003523140&aggregateId=flal-l24000352314-55e401f5-7ebd-4a17-ac47-83e83dd06e5e&searchTerm=6343%20All%20American%20Blvd%20&listNameOrder=ALLUREMARBLE%20L240003523140
That would be a foolish decision on the companies behalf at the moment. With little debt at the moment. Their best bet is to do an audit on all shares, then if they have plans of growing do a ticker change and issue new shares at a set price lowering their O/S. Nasdaq and big boards are notorious for it, but they’re better ways around it all in the otc.
I agree. No leaks of info. Radio silence is always a good thing.
Looks like the merger must of been done. The O/S went up 350M, now we just wait on the news, updates and details.
Is that ole trendy market selling me a ton more shares! If so, thank you! :)
All this delay has done is allow me to continue loading. I know patience pays off, and more than happy to have it.
Same story different day, different basher. If I listened to people like you, I’d be broke. I’ve watched many times, learned and made a lot of money ignoring the ones like you.
I noticed that once I looked at his history. What a life
Let’s refresh some people.
1. As stated in the latest Q on page 18 listed on the OTCMarkets website under disclosures for SPOM. They stated delay on merger was due in part to incorporating as a Florida Corporation and will be released in Q3. Q3 ends at the end of this month.
https://www.otcmarkets.com/otcapi/company/financial-report/409656/content
2. August 2nd SPO GLOBAL became an active Corporation as stated on Floridas SOS site for business.
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=SPOGLOBAL%20P240000506910&aggregateId=domp-p24000050691-6da4fec1-872f-47a5-9292-0ba50b8f2d77&searchTerm=Spo%20global&listNameOrder=SPOGLOBAL%20P240000506910
What makes you think it’s a fake merger
Only 6 months. I’ve held some for 1-2 years before they went. It’s the time they got that makes it worth the wait!
Let’s see if some impatient people will sell me some more cheapies today like last Friday!!!
Seems like the time is nearing. I hope everyone’s got a good bag, patience always pays in the end!
Can’t wait. We all know the movement this one makes when it’s time.
Isn’t a surprise, when merging have to have an amount applicable to pursue a deal worthy option for incoming company, officers an so on. Doesn’t mean they’ll utilize that amount, means they have the ability if needed to have a deal on the table leaving room for any need for negotiations, and/or funding. Typical when moving toward decent mergers
Patience is key here, we all know a merger could come at any moment per their filings.
Last month of Q3 could be any day now.
Agree. Your info was based off factual based info posted to the Florida SOS website that anyone with a phone and knowledge can access..
Impatient flippers chasing. I have a feeling I know who it was too. No worries gave me a bigger opportunity to load more. You’ll never make money without patience, learned that in the otc over the last 10 years. Load when it’s low and while everyone else sells and chases the next 5% move you wait for the big move.
I love days like today, when the impatient sell me more shares. I have bids all the way to .0018 fill em up for me! Future is bright here!
My Key Reasons I like this.
- Prior Co, had over $3,000,000+ in assets and little liabilities
- They have chosen to take SPO, Global a different route. Why?
- They specifically registered in Florida for a reason.
- Merger is being announced any day, waiting on sign off from management.
Made a transfer myself plan to add myself
Agreed will be doing so myself as well!
It’s on Page 2 at the bottom.
8/14 filings reflects it on OTC MARKETS website
The address listed on the Florida filing for “Spo Global” that’s the company at that address listed for the new filing from a Delaware Co to a Florida Co. he isn’t saying it’s for sure just trying to put pieces together based off of it. See below for link to the filing for Spo Global in Florida
I did see that. Seems multiple entities come out of there ones a nationwide sort of company. So it’ll be interesting to see what comes of it
https://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=SPOGLOBAL%20P240000506910&aggregateId=domp-p24000050691-6da4fec1-872f-47a5-9292-0ba50b8f2d77&searchTerm=Spo%20Global&listNameOrder=SPOGLOBAL%20P240000506910
Above is the registration that was done this month. As they stated from a Delaware Co to a Florida Co.
Aww how cute another market impatient seller. Their loss our gain! .0050 on the horizon!