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Home Consumer Goods

SPO Global, Inc. (OTC Pink: SPOM) Climbs 25% After Wine On Tap Subsidiary Selected For Program at the Vinoy Park Hotel

by admin
February 27, 2019
in Consumer Goods
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SPO Global OTC Pink SPOM Wine On Tap Subsidiary Agreement The Vinoy Park Hotel News

SPO Global OTC Pink SPOM Wine On Tap Subsidiary Agreement The Vinoy Park Hotel News

SPO Global, Inc. (OTC Pink: SPOM) operates as a diversified holding company with goal of acquiring interests in young businesses and provide further financing, strategic advisement, etc. Shares of the diversified holding company climbed 25%, during trading on Wednesday, February 27, 2019. Over the past three months, SPO Global, Inc. has seen average daily volume of 25,936 shares. However, volume of 1.21 million shares or dollar volume of $60,500, exchanged hands during trading on Wednesday.

Shares of SPO Global, Inc. rallied on Wednesday, after the company announced that its Wine On Tap, Inc. wholly-owned subsidiary has signed The Vinoy Park Hotel. The major announcement comes as SPO Global completes its integration of Winestream operations from Sarasota County. Here is the full press release detailing of the signed agreement:

SPO Global, Inc. Press Release:

WOBURN, MA, December 18, 2018 (OTC MARKETS) – WINE ON TAP, INC., a wholly owned subsidiary of SPO GLOBAL, INC. (OTC Pink: SPOM) is pleased to announce the signing of The Vinoy Park Hotel as a client of Wine on Tap.

Stuart Barton, CEO, stated “we are pleased to announce our first major new client since the integration of the Sarasota County operations of Winestream into SPO Global. We welcome the introduction of our product in such a prestigious property as The Vinoy®. As we continue to expand, we will keep our shareholders updated on the material events as they unfold”

About Hotel Vinoy

The Vinoy Park Hotel (also known as the Renaissance Vinoy Resort and Golf Club or The Vinoy) is a historic Mediterranean Revival-style hotel located in St. Petersburg, Florida on the bayfront area of downtown. The Vinoy® Renaissance St. Petersburg Resort & Golf Club is an award winning hotel situated in the city’s vibrant downtown district, just a short distance from attractions including Tropicana Field and the Dali Museum, as well as the Florida Aquarium and miles of pristine beaches. Gracefully designed rooms and suites feature home-like comforts; some also offer balconies with views of the water. Our hotel is a destination unto itself, with a championship golf course, a serene on-site spa and a private marina. Play a game of tennis, embark on a boat ride, dine at one of our excellent restaurants or simply laze by one of the pools and enjoy the warm St. Petersburg weather.

About SPO Global

SPO Global, Inc. (“SPO Global” or the “Company”) (OTC Pink: SPOM) is a diversified holding company whose strategic plan is to acquire interests in young businesses, and provide financing, advice and guidance to assist them in realizing their potential. The Company’s subsidiary, Wine on Tap, Inc., acquired specific assets of Wine Stream Inc. including key personnel and intellectual property, licensing and franchise rights. The Company will be able to utilize the strategic partnerships and relationships already in place to offer the same high quality products already offered in Florida by Wine Stream.
Company Disclaimers: As a “penny stock” company, within the meaning of federal and state securities law, Incumaker, Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, SPO Global, Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.

Forward-Looking Statements:
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings on the OTC Markets (www.otcmarkets.com).

 

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