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Toxic Avenger

08/16/16 9:18 AM

#12355 RE: Axel #12354

Except, once again, there's zero evidence of any interest Cloudload has in SPOM. It's only SPOM's interest in being acquired by Cloadload.

And coming on the heels of a horrible quarterly report and toxic debt at a 75% discount to the market price, it's smells like a pump to me.

Here's the reality.

At $.005, it would cost about $2 million to acquire SPOM.
Then the acquirer would also get over $2.5 million in net liabilities.

So for $4.5 million, they'd get a company that had last quarter revenues of $50k and large losses last quarter.

Ain't gonna happen. ;-);-)