SPO Networks Inc (PK:SPOI)
Business Focus: Fishing & Farming
| Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
| Company Contact | |
| Address: | PO Box 600 FARMINGTON AR 72730 |
| Tel: | N/A |
| Website: | https://www.spoinow.com |
| IR: | See website |
| Key People | ||
| Charlton Coats Chairman of the Board, Chief Executive Officer | Harold Zeller Chief Financial Officer, Director | Brad Foster Chief Operating Officer | Don Wood Controller |
| Business Overview |
| SPO Networks, Inc. is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing solid waste and recycling, general contracting, construction, demolition with special waste remediation. It operates two scrap metal operations in Lowell, Arkansas and Joplin, Missouri to provide scrap metal to the steel industry. The Company plans to acquire various cannabis-related real estate and assets. It is also focused on exploring acquisitions and opportunities in diversified industries, including performing and non-performing loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation. |
| Financial Overview |
| For the nine months ended 30 September 2013, SPO Networks Inc revenues decreased 99% to $3K. Net loss decreased 73% to $258K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Professional Fees decrease of 79% to $83K (expense), Wages decrease of 66% to $79K (expense), Research and Development -OTR decrease of 99% to $1K (expense). |
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