SPO Global Inc (SPOM)

[Cast Iron]

That's my thinking. The current authorised is 100 million.

The last Q filed , stated that the issued and authorised was approx. 8 million

So, with this RM , any stock issued to the new company will be restricted under rule 144. in other words, not possible to sell for a minimum of one year, and then only after 1% per quarter .

As for SPOM debt , that's going to be the key.

The RM must have addressed this issue.

My conclusion IMHO is that SPOM has a better chance to perform now that this has happened.

But lets be clear, this in Pink Sheet world, so we all need to make our own due diligence