SPO Global Inc (SPOM)

[powersmp]

I didnt write revenues were amazing , bad , or neutral. On the subject of revenues. . here is what i wrote:

does the software work? are customers satisfied? What is the competition? what do you expect the sales and margins will be in the next 12 months? What is the value of the software? and finally , given all that and much,much more, what is the value of the company in your opinion?

Isn't the issue of whether there is (or will be) 750 million, one billion or 10 billion shares only half the story? Don't you then need to divide the value of the company by that number of shares to determine what you consider a fair price per share?

isn't that the absolute minimum anyone must do before they could decide the shares are priced too low, too high, or just right?

With respect to the 1.7 million "mystery expense", there is no mystery. Its clearly listed as interest expense, and it didnt "go" anywhere because it was a non-cash expense. the balance sheet and income statement are public information. there are very few items on those statements, its pretty hard to miss that one.

just because a company raised money doesnt mean they have poor revenues or need the money to keep them afloat. it could be they need money to stay afloat, or it could be to grow the company, pay off existing debt, or other reasons.

How do you know what the money was raised for?

The Authorized is public information and reported regularly, so you know the maximum shares that can be issued.

Although i agree that transparency can be good with respect to the TA, one problem with that is
there are a handful of people who would call the TA 10 times a days asking the current shares outstanding , etc. 10-20 of those people generate enough calls that the TA would need to hire a person just to answer the 100 - 200 requests a day. most boards have many people that post essentially the same opinion many times each day and would love to include an up-to-the-minute share count.

That cost would need to be passed on to the company, and ultimately the shareholders.

I find it interesting that people who are against a gagged TA are generally people who are not long the stock. Of course, they would not be the ones paying those costs.