SPO Networks Inc (SPOI)

[Bobinsd]

When I asked Mr. Coats what was the source of funds for the PWC payment, he simply responded "the joint venture". On its face, it's a nebulous comment, but if we assume that the funds were equally split as per the agreement, that would indicate that funds were available from both parties, indicating a possible positive cash flow to both under the same agreement. More interpretation of his response is needed here....