SPO Networks Inc (SPOI)

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OTC DISCLOSURE & NEWS SERVICE
SPO Networks, Inc. (SPOI) Releases Q4 Financials
Press Release | 04/11/2022
The Numbers Show That For The 10 Months Ending 12/31/21, Revenue Exceeded $6.8 Million, While Pre-Tax Income Exceeded $1.2 Million.

FARMINGTON, AR / ACCESSWIRE / April 11, 2022 / SPO Networks, Inc. (OTC PINK:SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary will plans to launch a medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, released its Fourth Quarter 2021 financials on March 3, 2022.

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The Company on November 16, 2021 previously released that it had timely filed its Quarterly Report for the Third Quarter of 2021[1]. That release showed that the Company's Pretax Income From Operations Of $2.2 Million+ During Third Quarter 2021 and that The Pretax Income Through Seven Months Ended September 30, 2021, Was $4.9+ Million.

Today's release revealed that, SPOI Q4 revenue was over $1.9 million with pre-tax income of $139,642. For the 10 months ending 12/31/21, revenue exceeded $6.8 million, while pre-tax income exceeded $1.2 million.

Tom Smith CEO of SPO Networks Inc. said: "These numbers show that we are heading in the right direction and that the Company's revenues will continue to grow during 2022. We also expect the "Yield" sign to removed shortly."