Replies to post #118957 on SPO Networks Inc (SPOI)

[OTCPennyTrader]

The R/S is a requirement to do business according to today's PR:

Many companies entering into the market face banking and other hurdles in some states. In fact, several states will not allow a pink sheet penny stock company to own or operate a cannabis business. The reverse will make the path achievable for the Company.

So what CEO TOM is saying is the R/S is a requirement in order for SPOI to operate. In other words, if he cancels the R/S, then the whole future of SPOI is off the table.

Unless CEO TOM LIED about that above...

What do you think..?

[Midwestrader]

That RS is a done deal. As I've said before I have an ongoing list in my Ihub Monitor with 35-40 reverse split stocks. 99% of them become WORTHLESS over the time span of a few weeks/months.

My fave is one that split to 26.00 per share and now trades at 0.90 per share. That split took place 12/15/21. Shareholders have been wiped out,but they were warned.