I do not believe the plan is to go to the shareholder for capital. (Dilution) Bringing in the profitable scrap and demolition companies was for the purpose of creating capital for organic development Tom has a very successful past in these markets. Take a look at the twitter site and the SPO web site.
Also look closely at the posted financials. When have you seen a publicly traded company starting up and new business that starts out profitable? And according to PR's, the 2021 financials will be audited.
The goal is organic growth. And that is what is happening. The last press release spells out Tom's approach.
A large sector of what SPO Networks, Inc. is creating will be is organic growth. This is being accomplished by entering into new markets organically rather than entering by acquisitions."
Tom Smith is the single sponsor of these companies, there are no investors or warrants to dilute the shares.
This is not his first rodeo. He has developed several very successful businesses in the past. It is not going to happen overnight. If that is your expectation, you might want to look elsewhere.
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