Replies to post #37064 on SPO Global Inc (SPOM)

[kingmack]

Excellent post. These Reverse Takeovers and Reverse Mergers are the new game in town and they are Hot!! Got a trend here in 2020 with these type of Transactions. We need to ride this wave all the way to the Bank. Right here we have a Multi Mullion Dollar Company doing a Reverse Takeover with a Shell that has a Micro Float. I would bet the Bank that before Tuesday Open there is going to be another PR and Filings will hit sending this to the Moon Tuesday. They intentionally set this up to close quick and blow this stock up to get maximum value as they become a Public Company. Big move coming this upcoming week.

[Fai 2]

Since new NEWS what are your thoughts based on you previous posts?

""If fully diluted, DILUTION DILUTION DILUTION!!!

Which would mean

the entire 400m AS is issued

the EPS would be $0.36 with a modest PE of 12. It’s pps would be $4.32

$1b Yuen (1yuen = .143314 usd) $145m usd/ 400m OS = $0.36 x 12 (PE) = $4.32

Figures are rounded.

If all 400m are issued by the merger date, an additional 1.6b would need to be Authorized and then issued to the new owners to fulfill the 80% ownership clause indicated in the PR. That’s an OS of 2b shares.

$145m/2b = .0725 EPS. With the same conservative PE of 12. The PPS still comes in at $0.87 a share.

This example is using an absolute worst case scenario based on what is currently know.

If we used what is reported 36m OS ( rounded up to 40m) and the reported 80% ownership post merger for a total OS of 200m then the figures are as follows

$145m rev / 200m shares = $0.725 EPS x 12 (PE) = $8.70 pps, post merger.

All figures based on currently available information."

$SPOM SECURITY DETAILS

Share Structure
Market Cap Market Cap
607,809
02/12/2020
Authorized Shares
398,000,000
01/04/2019
Outstanding Shares
30,390,466
01/04/2019
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
8,590,466
01/04/2019"