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EXCEL - IDEA: XBRL DOCUMENT - SPO Global IncFinancial_Report.xls
10-K - ANNUAL REPORT FORM 10-K - SPO Global Incv308484_10k.htm
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EX-31 - EXHIBIT 31 - SPO Global Incv308484_ex31.htm
EX-32 - EXHIBIT 32 - SPO Global Incv308484_ex32.htm
v2.4.0.6
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2011
SUBSEQUENT EVENTS

NOTE 16         SUBSEQUENT EVENTS

 

In January 2012 the Company issued warrants to investors, exercisable through October 30, 2015, to purchase, in the aggregate, up to 916,668 shares of our common stock at a per share exercise price of $0.15

 

On February 7, 2012, the Company entered into a convertible note agreement pursuant to which the Company received $50,000. The original maturity date of the note is February 7, 2013. The note bears interest at a per annum rate of 8%.

 

On March 22, 2012, the Company entered into two convertible note agreements with investors pursuant to which the Company received a total of $50,000. The original maturity date of the notes is September 22, 2012. The notes bear interest at a per annum rate of 20%. The Notes and accrued interest are convertible to common stock of the Company at a conversion rate of $0.08 per share.