InvestorsHub Logo

Toxic Avenger

04/07/17 6:17 AM

#27472 RE: goldpenny7 #27469

The company is registered in Delaware, so it's not a foreign corporation. Doesn't matter where the company or its officers reside.
Speaking of which, the company seems to have just 2 directors, Owen Dukes and Kath Dukes (his wife?). A third director resigned last year.

And I'm guessing you don't have $2.6 million in liabilities to go along with SPOM's assets.

Also, note that this amended filing covers some point in time in 2016, it is well before the 12/31/16 year end. It shows only 686 million shares outstanding. In 2016 the O/S went from 56 million to 1.5 BILLION. Their assets are now lower and liabilities greater.

WHITTENHALLJR

04/07/17 6:55 AM

#27473 RE: goldpenny7 #27469

The 62k is arrived at thru good accounting to keep taxes down...Worry not young gp7 its a good sign there is even any type of office with someone at it compared to most pinkys with only virtual locations...Or PO box's...It's obvious spoms main employees are all over the world, but so is there business....More will be revealed