SPO Networks Inc (SPOI)

[HubEZ]

Could someone give me a brief update of what has been going on?
History: I had been a shareholder for 3 or more years since it was SSEV, after holding a fairly large position and watching it go to .018 and then watching it go all the way back and kicking my own butt for a couple years for not selling when i was up 2000% I wasn't going to make the same mistake again, so this time I sold from .022-.009 and have not had a position since in HLNT. But not it is so low I am considering entering again, but it is down a lot fo a reason and I am hoping someone can clarify these risks for me. I am actually shocked it is near triple 0's this fast, when it was just at 2 pennies not long ago. Since then I stopped following the board, so a summary would be greatly appreciated!
Thanks