SPOOZ Inc (SPZI): More Q&A Q21 Managing for long term i...

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Thursday, 05/17/2007 9:27:42 PM

Thursday, May 17, 2007 9:27:42 PM

More Q&A

Q21 Managing for long term interests.
A Spooz is very focused on long term development. It is not bowing to shareholder pressure to launch before its ready, it has a plan to rollout to maximize growth with control and seems to be very focused on sucess in the long run. Paul pointed out the painful decision to pull Spooztoolz 1 a year ago to develop spooz2 that is being launched now. They have been working with little money, little paychecks, and enormus pressure but they are very happy with what they got and are determined not to F^&* it up.

Q22 Business plan this year and beyound.
A Sprint to profitability. Spooz fully believes it will be profitable by November, it not sooner. Longterm, they expect broader release of Spooztoolz to an ever growing audiance.

Q23Critical Issues now.
A Launch, support, control.

Q26 What was spent on R&D
A About $2.5 million.

More to follow...

Just a guy with an opinion. Leave your campsite better than you found it. Don't peel the birch bark off the birch tree.