SPO Global Inc (SPOM)

[Cast Iron]

That's a fair analysis.

Toxic Debt : If you look at even the NASDAQ low cap market, most of the companies have some form of toxic debt.

The whole point of being public is the ability to raise money through equity.

IMHO the key is how the companies actually use the proceeds of any fund raising. If its to grow the company and add value to the shareholders then its a positive and the share price will go up.

GLTY