looking for truth
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
News!
www.otcmarkets.com/stock/SPOM/news/SPO-Global-Q3-2017-Results-Published?id=176137&b=y
State of Delaware.
Authorized confirmed as 4,998,000,000
Q 3
No change in Authorised.
Only small change in Issued
Company has stopped diluting
Big Jump in Revenues compared to last year
Quarterly Filings just Posted on OTC MARKETS
Notification of Late Filing!
Could be good news!
GLTY
Somebody dumping their holding. The share price can't survive at these prices.
Only way down and down followed by another R/S.
T Trade! Note Holder dumping shares.
They have billions of shares to dump
The mystery is, who would buy this crap..??
Alive? The last filing by the company was in September 2015!! . That's not a mistake.. Two years ago!
So who knows what is happening. They could be bankrupt..
Just checked with State of Delaware
A/S. 4.99 Billion. No change since June 30.
O/S. 4.3 Billion as per June 30, on the OTC
SPOM UPDATED PROFILE!
https://www.otcmarkets.com/stock/SPOM/profile
Have you actually looked at their financials?
The company is basically insolvent.
They have liabilities (not including the deferred revenue) of 0.12c!
HPTO is every quarter hemorrhaging cash in excess of $150k
Their only salvation is their legacy Graphon technology.
Though the value is probably nominal as the revenue is all coming from the same customers with zero growth the last years.
So, the share price which only, trades by appointment, has a real value of 0.01. Max!
And should any investor / shareholder have enough and decide to sell, the share price will plummet. Followed by another Reverse Split
GLTY
MD & A REPORT JUST FILED
http://www.otcmarkets.com/financialReportViewer?symbol=SPOM&id=177467
QUARTERLY REPORT JUST FILED
http://www.otcmarkets.com/financialReportViewer?symbol=SPOM&id=177468
No. Its due August 15th
I agree with your comments on the olfd Graphon business.
Its sad, that the previous management threw away $7 million+ on this HOPTO feature that nobody even wanted.
I agree that the only hope is some kind of new team with real technology experience and that can bring to the table the focus on building the business and value of shareholders.
Glty
$360 is hardly slapping!
The spread on HPTO is crazy.
The only way the PPS is going, is down down and down
Sorry to spoil the party
Glty
You mean "run out the door"
This POS is only going one way, and that's back to the trips.
Don't throw a cent at this scam. Better buy a lottery ticket. Better odds
Glty
Rats leaving the sinking ship!
I hear what you say. But Remote Desktop Application or Terminal Services is really old hat by now.
Their HOPTO product was a real disaster, especially for all the shareholders and investors.
The candidates you mentioned as possible buyers... One is on life support and the other 2, i can't see any real synergy or value in acquiring Go Global
I agree though it would be a real shame if they can't find a solution for what is still a robust and scalable solution
But to remain in a public company, with all the obligations, financial costs, and SEC reporting requirements, makes zero sense.
Its money every year thrown out, for legal and accounting and filings. Crazy
But that's not good news for shareholders, who really have no choice and can't even really sell, as there is no volume.
Its a Sorry story.
You are wrong about the Graphon business.
1. They certainly do NOT compete CITRIX . Actually just the opposite. They recently have been rejected by CITRIX with their technology to be able to work with CITRIX software. Hence the reason the share price plummeted a few months back !
BTW : Citrix have more people cleaning their restrooms , than the guys at HOPTO.
2. RDS ? I presume you mean RDP - You must be kidding!! They are competing with Microsoft ! LOL. who by the way are giving now RDP away for free !
3 : Legacy ? well I can help you with that . Graphon business is 1,000% legacy, that was developed in 2004 / 2005 , but has no SAS component ! If you read their filings they are " totally dependant" on just 4 customers !
4 : Merger / Buyout . This I agree is their only salvation . Lets be realistic here. Why would anybody serious company want to merge with a fully reporting SEC company , that is costing them at least $200 K to maintain their listing ? If they manage to find anybody, they will immediately move down to the Pink Sheets ! and then probably dilute like crazy .
Buyout ? Yes again its could happen. But at what price ? The company has $5 million is current liabilities plus NOL of $89 Million ! Real value for the share price is negative ! The stock trades by appointment. The shareholders would be lucky to get even 0.01 !
GLTY
Where do you get this 0.30 crazy share price valuation .
That equates to a valuation of HOPTO $2.7 million
Have you looked at the financials.?
The company is insolvent! Its loosing money every quarter, with a massive NOL.
It has a legacy software that is every quarter falling in revenue
And the financials clearly warn that its unlikely to survive with new capital.. And probably will delist!
NEWS OUT !
IMPORTANT: FUTURE RECURRING REVENUE
https://www.otcmarkets.com/stock/SPOM/news/IMPORTANT---FUTURE-RECURRING-REVENUE?id=164761&b=y
NEWS OUT !
IMPORTANT SHAREHOLDER INFORMATION
A $500,000 GAME CHANGER
https://www.otcmarkets.com/stock/SPOM/news/IMPORTANT-SHAREHOLDER-INFORMATION?id=164581&b=y
NEWS OUT !
Spectacular Q2 - Revenue Has Grown By 200%
https://www.otcmarkets.com/stock/SPOM/news/Spectacular-Q2---Revenue-Has-Grown-By-200-?id=164337&b=y
Not Good News !
On June 27, 2017, Eldad Eilam, President, CEO, and Director of hopTo, Inc. (the “Company”), notified the Company that he would resign as President and CEO effective July 28, 2017. Mr. Eilam will continue to serve on the Board of Directors of the Company (the “Board”).
On June 28, 2017, Jean-Louis Casabonne, CFO and Secretary of Company, notified the Company that he would resign as CFO and Secretary effective August 14, 2017.
Each executive is resigning to pursue other opportunities.
Guys. Kool Aid has been 100% correct.
All credit to him, for his consistent warning.
I'm happy I listened
GLTY
Sorry to spoil your illusion
T Trade can only be made by market makers based upon a conversion sale, that is dripped out during the day. They add up all thw sales, and then double print after market closes. This saves the seller brokerage fees as they bundle all the salea together
T Trade are used by Note Holders converting shares ans then quietly selling them during the day
Sorry. But CGRA is diluting.
Glty
T TRADE !
Warning : T Trade means dilution !
Company is converting and diluting with shares
MAJOR NEWS RELEASE !
Motoring Ahead - A Major Win
http://www.otcmarkets.com/stock/SPOM/news/Motoring-Ahead--A-Major-Win?id=162772&b=y
SEC have approved the REG A