Friday, April 07, 2017 12:26:38 AM
I live not far from Woburn. So 3 weeks ago I stopped into that 'registered' Woburn office and did NOT find SPOM at all.
What I found was a small office occupied by SPOM's accountant only.
In SPOM's latest/yesterday's 04/06/2017 'Amended Registration a Offering Under the Securities Act of 1933 (1-a/a)' See here: http://ih.advfn.com/p.php?pid=nmona&article=74285910&symbol=SPOM - SPOM lists its total assets as: $62,442.
DAH! I live in Massachusetts - and $62,442 is barely the median income here. I make more than that -- and I am semi-retired... If SPOM's total asset's are $62k, and they pay employees, and this includes their Rumania or Bulgaria & Boston (they say) operations -- then think. What does OWEN and his wife 'accomplish' pull in for income? They have to be actually living in the street. SEE WHY this does not all add up? Yesterday's $62,442 total asset filings is a HUGE FLAG.
So where does Owen's $5 million estimate of SPOM's worth come from?
These are questions that will NEVER go away. I hold many shares of SPOM. The more I see this sort of nonsense like this yesterday's 6 APR 17 filing it sickens me into thinking I have been scammed yet again.
Then I see this continues sell off of shares just about daily -- suggesting it likely is SPOM (IMO) diluting/dipping in 'to pay their rent?' this stock on a near daily basis -- keeping it in the 'penny stock h-ll/basment'. LIke yesterday's 10:14:24 20,000,000 sell and the following 10:42:44 2,605,000 share questionable transaction.
WHEN I emailed SPM's transfer agent and simply asked them what was the Authorized shares and/or Float - they refused to answer those questions - saying they would not answer such questions. So yes. I am both a ticked off and a perplexed investor.
Above are my questions and my opinions ONLY.
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