Replies to post #51398 on SPO Networks Inc (SPOI)

[assets]

If they were smart, they should.

At this point, any update would be huge, given that the stock price has been drifting up and the volume has increased.

The biggest reason is that technical aspect as its trading over the 200 DMA.

I don't care what anyone says, know it has hit radars going over the 200 DMA, pink or not.

Good luck to all.


HLNT

[Ihub Rookie]

Can't wait until the day that $84K is chump change for this company :)

But yes, a big weight lifted off their shoulders in the next couple months.

Let's put into perspective:

After March, they won't be spending $84K/year to pay off any Whalehaven stuff.

In the first three quarters of 2011, they spent $500K in legal fees. I'm assuming $600K+ for the year.

So HLNT spent about $700K last year on CRAP that won't be a burden in the VERY NEAR FUTURE.

Imagine what the balance sheet will look like without those fees!

And THEN: when PWC realizes NIR has no case, not only will the legal fees go away, but so will the dumb $6 million in fraudulent convertible notes that have been weighing the balance sheet down.

HLNT is celebrating its two-year anniversary VERY SOON.

This stock has ZERO reason to go down from here. We might not be overwhelmed with product sales in the final quarter (last quarter always disappoints), but there's TOO much to be excited about from a fundamental financial perspective - let alone the POTENTIAL for even bigger news coming soon - to even think about selling right now.

IMO. Go HLNT.

[Sal1]

Midwestrader,

I am sure they will when the time is right

They are working hard behind the scenes for sure. Make no mistake.

Will be enjoying HLNT's ride up again.