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Monday, October 10, 2016 9:52:14 AM
The full report and valuation can be read and downloaded at Goldman Small Cap Research or on the OTC Markets at the links below:
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=22322
http://www.goldmanresearch.com/201610071174/Opportunity-Research/spom-testing-1-2-3.html
In the Corporate Profile, analyst Rob Goldman discusses the Company's valuation, and market space.
Rob Goldman noted, "Average orders, along with sales and indications of interest from new customers are on the rise and the industry is enjoying solid growth. Plus a 3rd party firm recently expressed interest in considering engaging in acquisition talks with S.P.O. management."
A Net Present Value calculation indicates that the Company should be afforded a valuation of $5 Million.
Rob Goldman further stated, "In our view, S.P.O Global Inc. is an intriguing and low valuation play on the software performance testing and monitoring space and could receive a valuation boost by investors or a potential acquirer as the Company meets or exceeds expectations."
Owen Dukes CEO stated, "This is an important document that establishes a benchmark of $5 Million dollars for the value of our existing business. We are vigorously pursuing a number of options that I believe will increase the value of our company to all shareholders "
SPO Global will continue to update its shareholders on any material updates.
About S.P.O. Global Inc.
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