SPO Networks, Inc. (SPOID) Announces Reverse Stock Split Completed

The Company's New Trading Symbol Is Temporarily Changed to SPOID; The "D" Will Drop Off In 20 Days
By: SPO Networks Inc.
 
LOWELL, Ark. - March 30, 2022 - PRLog -- SPO Networks, Inc. (SPOI) ("SPOI" or the "Company"), a publicly-traded company that is actively exploring potential acquisitions and opportunities in diversified industries, including an established revenue generating waste/recycling subsidiary plus a newly launched medical and recreational cannabis and genetic seed operations entity with the expectation of rapid expansion in the cannabis industry utilizing a proprietary vertical market from cultivation facilities, to wholesale and retail dispensaries, today announced that the reverse split that was previously approved a reverse split of 1 (one) to 1000 (one thousand) split of the Company's common stock by the Company's Board of Directors and a majority of shareholders has been completed.

Tom Smith, the Company's CEO and majority shareholder said: "As of today the Company's Trading Symbol has been temporarily changed to SPOID; The "D" will drop in 20 days.

The Company will issue additional announcements as the process proceeds.

SPO Networks, Inc. is actively exploring potential acquisitions and opportunities in diversified industries, including solid waste, scrap metal recycling and demolition with special waste remediation. Additionally, SPO maintains the belief that patients and customers have a right to high quality, economical, and clinically-validated cannabis products. Towards this, SPO aims at medical and recreational cannabis and genetic seed operations with the expectation of rapid expansion in the cannabis industry. SPO is developing its cultivation facilities for extraction operations, wholesaling of cannabis and cannabis extracts in Colorado to licensed retailers and wholesalers. Eventually, the goal is to expand to retail product manufacturing and dispensary operations in several states, allowing SPO to offer a pricing strategy that will be attractive to consumers large and small.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

https://www.spoinow.com/

Contact
Tom Smith, CEO
***@spoinow.com
End
Email:***@spoinow.com
Tags:SPOI
Industry:Agriculture
Location:Lowell - Arkansas - United States
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