SPO Networks Inc (SPOI)

[pdgood]

Mel's not out dude.

He's a company Director that appointed his fellow directors from his group of Farmington friends. He rsigned as CFO to create an illusion of him being gone.

These directors don't sell shares and then pay lawyers. There are no company owned shares to do that. What they do is create shares by a director vote and then pay those who will accept the shares at a deep discount. You just saw one of those transactions and posters are tryin ta figure out what it was. In addition shares that were used for now exposed insider deals can be retired in an attemted to hide or clean up the sham deal. They then have the ability to just create more shares and issue them to a director and book it as compensation for work done. They then PR the retired share transaction but hide the redistribution of the new shares. Mel and Charlie know there is not possitive cash flow possibility with this business model. They can however create shares out of thin air and issue them to themselves and bosom buddies from Arkansas. This ability to turn free shares to dollars is what attracks fraud felons to the Pinks. They will PR whatever they need to to keep volume and the pps up. As you can see here the PR's have been total bs and the company is fighting not to report these transactions to the public. All informed investors look at this scenario and laugh. It's typical but has been taken to a new crude/stupid level with this group. They have even tried their smoke and mirrors with the non HLNT Robinson Foster companies in the NIR suit. Anyone with just a little cognitive ability can see it like it's printed in red. This is a SHAM folks.