SPO Global Inc (SPOM)

[livinginstyle]

If this company had a problem with death spiral financing, it would be trading double or triple 0's by now. The authorized share base would have been upped several times and daily trading volume would likely be in the millions, yet it remains at 100 million authorized. The financing has been by individual share holders and not banks. The two conversions or potential conversions have been rather small, under 50K each. More than likely, these individuals have a stake in seeing the company succeed. They are probably privy to info we are not. The company has been smart in their financing. No banks, no pressure.

The potential for this company to succeed is increasing daily. Although I am not quite as optimistic as some as far as the 10K showing massive revenues this past Q, I think going forward will show nice revenue growth as sales increase, potentially world wide. New products will spike revenue and this company's small debt load will be paid down over time. We (longs) are lucky to be in such a small float stock with such huge potential. Looking forward to the financials and the squirming the shorts will be doing. I don't think there is a very big short position in this stock but it won't take much to drive it way up. It is pretty thin and a two million share trading day could easily double the price.