SPO Networks Inc (SPOI)

[SwarmMaster]

Certainly not my preference. I would much rather have made money here, and could have if the company had accurately portrayed events instead of what transpired in the fall. Many statements that we see in hindsight were no where close to what was actually going on. Certainly skirting the line at best.

Here's my problem with people who continue to claim there's somehow $100 million worth of sales going on in secret. Where are all the non-restricted insiders to buy the stock? Bid is holding at 50 without any creeping up and has been in a steady decline for months. BA spread today is 20+%....

So supposedly delta, TMS, Velociti, LaunchIt, AHS, AHSG, etc are aware of and fulfilling massive orders, and yet none of those employees have any interest in buying this "sure-thing" stock which has been so beaten down to bargain levels? Really? I don't buy it. Someone will surely claim "uh but but they all must have NDAs and are restricted from buying blah blah blah." To which I say BS. News always leaks, plenty of small fish know they will not get caught. There is no broad interest in this stock. As it has been in a decline for 6 months solid at this point again, where are the bargain seekers who "know" that thousands of units are being produced? Major corporations can't keep a lid on info but we're going o believe that a company which can't keep it's business license updated, can't keep their website updated, can't even keep their physical address current - but they've got the lid on anyone from 6 different partner companies from buying on inside news?

Not likely. Back to the 20s where this has always traded. Total loss of confidence here will take either a total turnaround in revenues, in the tens of millions of dollars, or another two years for everyone to forget once again just how terrible this company is at completing a single business item they PR.

IMO, wish it weren't so.