SPO Global Has New Important Update for Shareholders - iCrowdNewswire

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Sep 13, 2016 8:42 AM ET

SPO Global Has New Important Update for Shareholders

Disclosure NewswireTM

iCrowdNewswire - Sep 13, 2016


WOBURN, MA – S.P.O. GLOBAL Inc. (OTC trading symbol “SPOM”), an emerging technology company wishes to further update all its shareholders on its current situation.

SPO Global has today written to Blackbridge Growth Fund, to cancel the process of applying to the SEC to register free trading shares under a Reg A statement.

SPO Global will no longer be engaging with Blackridge Growth fund, for their capital raising services.

SPO Global has been informed that the valuation of the company and its assets is substantially higher than originally envisaged.

SPO Global board of directors has been advised that in the interests of all shareholders it’s the duty of the company to ensure that an independent valuation should be made before any potential sale of the business.

SPO Global has therefore retained the services of Goldman Small Cap Research, to produce a valuation report that will reflect the true value of the company.

Goldman Small Cap Research has undertaken to perform due diligence on SPOM and its industry, interview key management, identify peer group and competing products technologies and approaches and review its current and future customers, and all its filings.

For more information on Goldman Small Cap Research can be found at: www.goldmanresearch.com

For more information on SPO Global visit: http://www.spoglobal.com/.

About S.P.O. Global Inc.

S.P.O. (SOFTWARE PERFORMANCE OPTIMIZATION) GLOBAL INC, is an emerging technology company that is focused on selling its unique performance testing optimization and monitoring software IP for all enterprise applications. The focus of SPO is to build the company into a major player in this exciting billion dollar market.

SPO Global recently purchased the technology company Reflective Solutions Ltd that sells its unique IP software to major enterprises in North America and Europe.

The principle software products of Reflective Solutions is “Stress Tester” a robust Performance Stress testing solution for large enterprise applications and its new product “Sentinel” that is providing enterprise customers an intelligent monitoring solution 24 / 7 software as a service ( SAS).

SPO Global recently released its annual financials which can be found on the OTC MARKETS web site athttp://www.otcmarkets.com/stock/SPOM/profile.

For more information on SPO Global visit: http://www.spoglobal.com/.

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, expectations regarding the successful expansion of our product base,profitability, market acceptance of our products and new product applications, timing of new product launches, product performance, size of prospective markets, marketing strategies, success of our restructured operations and plans, our ability to generate fees or raise capital to support our business operations and plan, the sufficiency and availability of working capital, changes in economic conditions generally and in more specifically, the introduction of competing products, changes in our operating strategy or development plans,patent protection for our products and technologies, changes in economic conditions generally and in more specifically, in the markets we operate, changes in technology, legislative or regulatory changes that affect us. We undertake no obligation to revise or update any forward-looking statement for any reason.


Contact Information:

USA: +1 407 517 4854
U.K: +44 (0) 1653 917200

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