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Only 450K on the ASK - Super thin
No. It's still 748 million
You can easily check at the State of Deleware where SPO GLOBAL is registered
Today news not great : UBS downgrade , with a very negative analysis.
This could be a time to consider a buy. Or wait, as catching falling knives can be rather painful.
Carl own 93.5% according to the filings, so I don't understand why he is remaining public..
Any views on this would be appreciated
Check out the CEO previous companies and you will see where this one will end up .
Toxic : Only the market makers can short a pinky, so you should expose this practise as these guys are really making the money from the shareholders
I saw the large trade and I suspect that the market makers were shorting SPOM before somebody wanted to sell a large block
Frontloading is very common in the pinky land, sadly.
I am not convinced its the Note Holders all the time.
there is the SEC Rules for 9.995% holding , and the maximum they can hold is around 35 Million shares based upon your estimate of the I/O
Super Thin ! Only 1.6 million on the ask
I agree. This is a scam !
Eventually the bonds will become due and of course they will go into default and then the fireworks will start
This IMHO is going to end up with lots of lawsuits and possible suspension of shares.
GLTY
Toxic : I respectfully disagree
The Earning Release was posted yesterday on the OTC markets
The Press Release also clearly stated that all current and future financings are under review
I think you may have got this one very wrong if SPOM gets sold for cash !
Have you really checked out the buyer ??
Look at the web site : www.cloudload.io
Look at the team behind the company and the VC who has funded them who has $100 Million in assets under management
A little bit more than 2 pennies !!
Just the opposite Toxic !
If I was a buyer in this market space I would be looking to buy at the lowest price !
Have you checked out this buyer ? They look serious. Look at their team and backgrounds and their VC behind them
SPO Global Important Information To All Shareholders
http://finance.yahoo.com/news/spo-global-important-information-shareholders-122800063.html
Toxic. I agree with your comments on Genesis. Reminds me of another toxic company. THNS..
Move down to no bid !
You do know the Note Holders are holding very toxic notes and are ready to dump massive amounts of shares
GLTY
I agree.
Even if they max out at 750 million at 0.001. It's still only $750K market cap
And performance software companies with their own IP and real customers ... That's worth real money
If their revenue is $360k based upon their last Q filings that equates to only 2 times revenue market cap at 0.001
That means at these prices IMHO it's great value
The market Cap is crazy ! with 300 million shares issued it means this company is only with $60K !!
The shell is worth more than that !
SPOM is doing real business and has a market cap value IMHO of at least $1 million !
Even if SPOM maxed out all the shares of 750 million, this equates to a share price of 0.0014!
That's 7 times the price now
GLTY
Sounds like a plan. But you will need to be very nimble. The Note Holders who control THNS are ruthless. The have billions of shares to sell through their toxic notes.
GLTY
Here comes the Pump again! Usual buying to catch the momentum players
Re Read the Press Release Toxic : They clearly stated that they are increasing the A/S
Go for it Toxic. Buy the 9 million on the ask
If anybody can move SPOM price it's you !
GLTY
Yup. Till the next pump.
They have billions of shares these note holders to sell. Lots of further pump and dump ahead
Very BIG news
WOW WOW ! Massive Buying
Something is Happening !
HWAL has now STOP SIGN + WARNING on OTC Markets
http://www.otcmarkets.com/stock/HWAL/quote
Another of Roxanne entity about to hit the trips and then NO BID.
You can log into the State of Deleware Corporations if you chose to do .
Takes 2 minutes. You can see SPO Global all filings
I would suggest that you do that rather than simply post inaccurate comments
SPOM just updated their AS and their OS.
NO change. No new shares issued for more than 6 weeks now
http://www.otcmarkets.com/stock/SPOM/profile
Like i said. I called them.
The information is of public record
I suggest you call them.
Just called the T.A.
No change! Still 188 million
NO new shares have been issued for 5 weeks
Like you said .. actual details are important
Last main trade was 5.25 million .. marked average. . Neutral colour
The actual amount of shares sold in the last hour was 4.4 million
The rest is a double print, closing position by the M M
L 2 states it clearly
You mean "mega dump support " lol
Watch out. THNS has burnt lots of previous so called sharp traders
The main note holder is ruthless and will max out all the way to 3.5 billion and then R/S
Look at the history of THNS
GLTY
Whatever the conversion rate, the key is the underlying business. .
SPOM is in a very hot place . Technology companies with a high barrier to entry
If the A/S is 1 billion so what . At 10c per share that equals $100 million cap
Look at the recent trade sales in this market !
Solar Winds paid in excess of $100 million for a competitor
Meant the A/S
Though I think Toxic is right when it comes to increasing the O/S.
Logically any growing company only comes to the public market to raise money.
The key is how they spend the money.
If they are smart and build the business then the PPS will rise regardless of the O/S
IMHO
GLTY
Total Value of trades $3,5 K I would hardly call this dumping. IMO
If anything , looking at L2 there has been a strong reluctance to sell below .0014
Nobody is biting at the bid. .
GLTY
Guys. I want to make clear that all of you need to do your own due diligence
I don't recommend any stocks.
GLTY
Sure. Phone
TA is gagged
Before the recent increase in Authorised they had reached the maximum : 500 million in issued
Expect the float , for what it's worth to be in excess of this number
The key is the Note Holders and their toxic conversions.
Expect to see large volumes over the next week's as they convert and dump the shares.
New Update on Issued
Exactly the same : 188 million shares
No new shares issued since 05/11/16
Be Careful ! THNS is controlled through its Note Holders under the IBC Equity Group based out in Miami
The main guy is Brian Collins
They are ruthless and will annihilate all the new shareholders they are pulling in .
Look at the trading action on THNS in June 2014 .. same pattern. Massive volume followed by massive drop.
GLTY