SPO Networks Inc (SPOI)

[Nikodemos]

Long-term should Dong Feng execute a coup forming JV's with HLNT & vice-versa your evaluations may very well prove true. What puzzles me is why DF doesn't just buy this company out for say $50-$70Mill if they can & call it a day.

For a ~20Bill$/yr company (with Chinese Green gov't grants, connections, et. al. this is a no brainer imv). Now, if I were HLNT I gotta believe that my company is worth more long-term & the way these guys are operating their business you've got to believe that they think they can grow it to a higher evaluation.

These guys are working on a Green Grant of their own & with these three JV's one can imagine them reasonably generating $15-$20Mill in revenues by this time next year. If the DF plant is up by year's end it could be FAR more than that with 9mo of sales/dist/market expansion from China alone.

Thoughts?