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Paul was only updating us before to get more people investing in order to finance this garbage. Now that the jig is up, there is no need to correspond with us little people any longer.
That is a good sign *rolls eyes*
What part do you get to write off? Your entire losses or just a percentage?
I am not sure that my hope has been restored but it is good to hear that shop has not been closed up and people are supposedly trying to get things going still.
Thanks for sharing this information.
They will probably need to have metal detectors and body guards if they even have the marbles to have a shareholder meeting.
No one is still backing up the truck to load up on this stock? It seems the people pumping the stock were either severely incorrect or had an agenda...which is hilarious because they were the ones calling people bashers for not being positive and actually using logic.
I am not too knowledgable about this stuff...could someone who has more experience weigh in on whether making complaints is worth while? Do we have a legit reason to be upset? Do we have a legal leg to stand on? Has Spooz broke the law or have they just been unethical and/or stupid?
Yup, we financed the company to get their R&D completed on their products but we won't see any money back because the products will be sold under a different umbrella.
How come the cheerleaders don't post anymore? Any optimistic thoughts to share regarding Spooz?
"No doubt positive thing will happen"....based on what evidence and/or historical data? So far all we have are missed deadlines, dilution, broken promises, delays and after it all no there is just silence.
I would love to hear about any facts that you have that give you "no doubt" that good things are to come. I am still sitting here waiting with a bunch of shares...but at this point I have written this company off.
When it comes down to it, we (the stockholders) basically financed SPZI to create the product....but in doing so the PPS went down because there was no revenue coming in. While the product was in development and testing, the price just kept dropping.
Now the situation is so bad that it was probably decided to start a new company that would use Spooztoolz to make money for themselves rather than fix the PPS issues with SPZI. So maybe we just got used and the Spooz henchmen don't plan on making it up to the loyal stockholders.
All speculation and opinions...
Exactly....which is why he specifically removed reference to his employment at SPZI. He didn't neglect to put it in...it used to be there...and he physically removed it.
Hensel has made a concerted effort to distance himself from SPZI and erase the fact that he worked for them.
My point(s) and opinion(s) stand on their own from what I have said....no need to be rude if you disagree. Enhance your calm John Spartan!
I don't care about John Unwin as he was snaked into the Spooz situation on the backend when things were already sketchy...I care about someone who backed this software and was a valuable poster on this board who went to work for Spooz for over a year and then physically removed the reference to that from LinkedIn...not that it was never there in the profile, but it was deliberately removed.
"They are selling Spooz products" Really? How many subs have been sold so far? I must have missed some information or a PR...would you mind sharing your information on how many have been sold?
It seems like they are trying to slide SpoozToolz under Kaitrade and then do away with SPZI the company...which in effect would kill all of the stock holders but then have them not be accountable for anything really.
I don't know enough to say that this is truly possible, but it is the feeling I get.
He is working at Kaitrade and selling Spooz apparently...I am still a bit put off by the fact that he removed his work history about working at Spooz though. Most people wouldn't want a hole in their employment history even on LinkedIn...so for someone to do that it seems that something strange is going on.
What I said was true - http://www.linkedin.com/in/jameshensel
Where is the 1-2 years working at Spooz? June 2006-2008 is blank....why do you think someone would do that? I would love to hear someone spin this one.
Merry Christmas all Spooz investors...Paul S. here is some coal in your stocking...
Hensel is not mentioning working for Spooz at all and chose to have a hole in his employment record on his LinkedIn profile which I find more telling.
When you don't want to be associated with something and not mention certain employers it is never a good sign.
end of story
Haven't seen a PR since 'Nam....how come there is no communication from the company? I thought we were supposed to hear about the Bloomberg installs in 60 days....more like Boooberg!
All we seem to hear from the company are cricket noises coming from ominous shady bushes.
We have circled the block several hundred times...trying to just get around that next corner.
NO!
Selling my shares at this point is worthless....I would rather go to zero than sell. Many people are going to ride this pony until it is dead or comes alive.
They meant 60 dog years.
So in your opinion it is absurd to verify a non-official announcement that is just posted on a penny stocks website which is later removed? You must be very trusting indeed....to a fault perhaps.
So to you...Due Diligence means smoking peyote and looking through glass tubes towards the sky....searching for shapes in the clouds that may indicate a proper course of action.
While it may have been annoying to Bloomburg and detrimental at some point...verifying facts is anything but absurd.
That is pretty funny stuff...we are still waiting for the mother of all PRs to be released regarding the huge success of Spooz, although I think there are better odds of winning the lottery while being struck by lightning.
I have only seen this behavior once before...it was at a mortgage company I worked at and a CFO ended up quitting and declined a severance package in order to avoid being associated with the company for whatever reason it was. Many speculate it was because of some type of shady business practice.
Not saying that is what happened in this case but just sharing my experience. Jim has a lot of good experience in the field so if he caught wind of something foul, perhaps he bailed and prefers to make his employment there not well known.
Jim Hensel's LinkedIn profile...
I think that many people have heard that Jim Hensel went to work for Kaitrade but I am not sure if everthing was mentioned.
For everyone new, Jim was a poster on this board (FedFunz I believe) and he was very impressed with Spooz...so much that after some time he ended up going to work for them and had been for about a year I think.
The interesting thing is now his LinkedIn profile shows he has been working at KaiTrade for over two months now and took Spooz out of his profile completely so now where Spooz would be in his employment history, there is just a gap.
What would make someone who was initially so impressed by Spooz remove all history of it from their LinkedIn profile? It almost sounds like he does not want to be associated at all with Spooz which may not be a good sign if he now something that we don't.
His LinkedIn Profile - http://www.linkedin.com/in/jameshensel
Thanks for your "no spin" take on things.
For me I hold on because I have lost so much already, that I would rather lose it all if it goes to zero...than to sell now with the current losses and then take the chance that it actually comes back up. PERIOD!
I don't really think it will happen, but like I said...I would rather just lose everything at this point than sell. And as low as things currently are, I really wouldn't get much out of it anyway.
There is a moratorium on people who wish to lose money right now.
I do have a lot of experience working with successful high tech companies that are in a competitive market place and sadly Spooz exhibits none of the traits related to those aforementioned companies. But hopefully Spooz will be a winner though despite all odds.
And don't tell people to "stop whining" as your put it. Some people are quite frustrated with how this thing has gone down and who are you to tell people what they can and can't say?
Wow, you gotta love the moving target methodology employed here. It is pretty scary when all of the previous PRs stating one thing are completely ignored and then things start going off another direction.
It reminds me of a 18 year old with ADD who never finishes what they start and instead leave plans half finished and then just move on to the next thing that they will be starting and not finishing.
That is funny...Huge is a synonym for big. I was interested in IW responding to your post rather than splitting hairs on an adjective.
Also, I thought it was super funny how Paul used the economy as an excuse for today's PR. I don't see how this company that does not have any revenue (that we know of) is affected by the economy. They have been diluting to raise money for operations....I fail to see how the rest of the market having a problem would have any effect on Spooz.
As cynical as I am about this stock, it might be important to note that Bloomberg is only one deal in the works and many more could be on the way...especially when being able to mention Bloomberg while pitching your product.
You must not see very many websites. This is another generic website, although it is slightly better than the Spooz one which is a template from a website that automates ecommerce.
This on the other hand is a high-end website - http://www.gettyimages.com/Home.aspx
It would be possibly to make a better version using Microsoft Sharepoint Services which is free. But heck, they aren't making money yet so they should be given some slack.
I own stock in both SPZI and XXIS so I am not trying to pick on them or anything, the cheesy websites have just alwasy been a pet peeve.
Why is it always a truck load?
How about a super tanker?
What is edgar?
The PR is not showing up on my RSS feed from Yahoo....why isn't this announcement more public?
What makes a PR mainstream or not? Not widely announcement or not much attention getting paid to it yet?
I figured I was going to miss the boat and that the PPS was going to shoot up today.....seeing as it is lagging, I might throw a grand at it.
I was expecting to login today and see the price doubled....very strange.
I hope this is as big as it sounds. I have held the whole time although I probably should have been flipping like many here who claim to be "in the green".
#1 goal - Let's get back to where we were last year
#2 goal - Let make some profit for the true longs
Hopefully they release their flagship product....otherwise marketing something that is not out yet is useless. Kinda like when they advertised in magazines for Spooztoolz like a year ago and you couldn't use the product....pretty dumb.
I was going to say that....weren't they already supposed to be testing? I thought there was mention that they were going to start trading months ago.