SPO Global Inc (SPOM)

[Cash1972]

From the first quarter I see more cash, assets, less liabilities, more revenues ... and so a bright picture. Besides in the last quarter the OS is unchanged. I think it' s a matter of time for a run to a more resonable valuation.

Mar 31, 21 Mar 31, 20 % Change

ASSETS

accounts receivable 2,408,957.24 1,498,469.00 60.8%
Cash & Cash Equivelant 778,438.20 233,767.00 233.0%
Inventory 1,544,157.96 1,463,821.00 5.5%
Notes Receivable 749,425.00 776,906.00 -3.5%
Other Receivables 879,285.40 938,975.00 -6.4%
Prepayments 1,449,641.84 1,235,563.00 17.3%

Total Current Assets 7,809,905.64 6,147,501.00 27.0%

Fixed Assets 671,406.68 193,100.00 247.7%

TOTAL ASSETS 8,481,312.32 6,340,601.00 33.8%


LIABILITIES & EQUITY

Accounts Payable 809,648.43 1,111,560.00 -27.2%
Other Payables -114,930.77 -764,791.00 85.0%
Tax Payable -576,328.77 0.00 -100.0%

Total Current Liabilities 118,388.89 346,769.00 -65.9%


Jan - Mar 21 Jan - Mar 20 % Change
Ordinary Income/Expense Income

Sales 4926225.97 0.00 100.0%

Net Income 463,789.43 0.00 100.0%

A good reason to buy more ... IMO