SPO Networks Inc (SPOI)

[JAA106]

No it is not really that bad, but it isn't enough to inspire anyone to invest given the NIR cloud that continues to dominate the future for HLNT. And beccause the expectations by so many on this board was so much greater it will be perceived as a let down and I expect to see a bit of a dump come Monday morning by those unwilling to leave their cash in such a doubtful state. I personally removed myself back at .0025 being already well in the RED in an attempt to preserve some capital because I saw the handwritting on the wall. I still hold a comparitively small core and I don't know if I will leave it or remove it. I leaning with leaving it as it is all money I can afford to loose otherwise I wouldn't be here.

Still I feel a great let down but that is part of investing in a Pink. "hope deferred makes the heart sick." No doubt it is high risk but I still think the long term future for HLNT is still there. At least now we have a clearer picture and once the NIR cloud is removed the potential with good sales and positive pR's we could see HLNT recover and move up big. But that clearly seems to be 6-12 months away now.

I will continue to watch HLNT but I am not very optimistic for the short term prospects but still think the long term potential is still there. No doubt there will be an opportunity to pick up "cheap" shares along the way. Stock holders need a letter from Chad. I sent him an email over a week ago and I have had no response to date. That was a disapointment and helped to moved me to sell the majority of my shares. I have watched this stock drop with every purchase I made since October of 2010. I have had enoough of the silent treatment from the company and find little reason to doubt that the PPS will continue to bleed downward. But really there is not much the company can do. I believe the company has however been honest and not pumped the stock giving false expectations. Sometimes our enthusiasum for the stock and our belief in the technology and the real potential for the future got a bit bloated but that is only human nature for true believers.

Before the Financials were released I expected Mondy to continue its -.0002 daily drop. I have charted the trends very closely over the last 10 days and predicited to myself this manipulated walkdown and the selling pattern is there for all to see. The opening has been painted, longs buy into the cheap shares thinking its about to pop, then a big morning sell. The Bid and ask are painted then in the afternoon another big sell off and at the end the thin ask is painted back up at the end of the day. THE next day it starts all over again. Now I expect the daily .0002 drop to accelerate. The walk down has been deliberately slow in an attempt to maintain pps. But down it must go because of the dillution.

All in all this will be a short term setback and long term potential is still there I am just less sure at this time. All that I said is just my opinion and should not be used to determine your investment with HLNY w/o doing your own DD.

In conclusion I am still a believer in the comapany but right now I am preserving cash so that I might preserve capital and reenter once the pps bottoms out. How low will it go? I have no idea now.

Best senario is we move down short term, with a little pop back up and then move sideways until next quarter results are in along with resolution of NIR cloud. If that is positive then we will see a big move back up. And with positive financials we should begin a steady climb back up. IMO

GLTA