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thanks allie
what is your take on the uplisting comments?
question for board... is it legal for spooz to buy xxis stock and vice versa?
not saying it is happening, but such a practice might facilitate two things: maintenance of spooz's stake in 141, and an easy way for spooz to buy back shares (from 141). or what if they could just trade and then cancel those shares?
probably wishful thinking. tia.
hope everyone is doing well.
peace,
gbathat
Is it just me or have the Spooz critics pumped it up a notch in terms of their negativity?
I'm noticing lots of posts saying "It's a scam" but lacking the "imo"
not too smart, imo :D
I can think of another lawsuit that might happen if this stock takes off. Spoozillionares vs. guess who? :D
You can estimate that from the trading. I put at about 1.2 bil or so, jmo.
I would rather get informed about how much Spooz still owns (i.e., has spooz inc been buying using some of the funds from their own dilution?)
interesting, but we did also have a similar string of low vol in early july if i recall... hopefully it sticks this time!
july deals may not be technically defined as sales
perhaps just contracts with sales to begin later (i.e. in three weeks)
we may have revenues already though, in the form of customization costs for institutions...
time will tell
Imperial,
An entertaining, logical, and well written post good sir.
Gbathat
Thanks for the dd crew!
nice
sales start in about three weeks
hopefully some upfront development payments on the books already as well
thanks allie
unless using spooztoolz saves them money over their current systems... but i agree the transition would probably have costs and risks that might affect a company's decision.
I'm still considering averaging down a bit more, nothing major though.
MESSAGE FROM SFB ABOUT JV (obviously some people missed this post) Please read the board before bashing ignorantly.
Posted by: Gbathat Date: Saturday, July 05, 2008 2:08:02 PM
In reply to: None Post # of 54749
Sounds like SFB is still excited about the prospects for SMCC, the joint venture with Spooz to meet a major challenge in the options industry...
From: LClifford (------@sfbms.com)
Sent: Thu 7/03/08 6:04 PM
Reply-to: LClifford (--------@sfbms.com)
To: [Gbathat] (-----------@hotmail.com)
Cc: Lisa Becker (------@sfbms.com)
Hi [Gbathat],
SMCC has introduced SymbologyDNA to the FIF committee. There is no other company that does what SMCC does in the industry and for the exchanges. The exchanges use our technology to manage options and SMCC is the central server which validates and manages all of the exchanges data in a central location. I only know of one other proposal that that company does not manage options. You can read more about us on www.SFBMS.com...
SFB/SMCC is a software development company, data management company and market data provider to the financial industry.
Thank you for your best wishes and hope you have a great weekend...
Lee Clifford, CEO
SFB/SMCC Symbol Management Clearing Corporation
856-853-1800 (office)
www.SymbolMaster.com and www.SFBMS.com
----- Original Message -----
From: [Gbathat]
To: info@sfbms.com
Sent: Thursday, July 03, 2008 2:28 PM
Hello SFB representative,
I was wondering if you could provide any information regarding the recent SMCC presentation about the OSI at the FIF conference. How does the SMCC system compare to the other proposals? Have you received any formal feedback yet? I saw that there was a recent report posted on FIF.com but do not have access to it.
Thanks for your time. Best wishes for continued success.
[Gbathat]
Spooz Inc Shareholder, x million shares
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
Nice find!
Looks to be in rough draft form, and a little hard to read the text... hopefully they'll have it up and updated soon.
Definitely cooler graphics.
Peace,
Gbathat
July 1st to July 22nd, o/s jumped by 500 mil
similar number of trades this month... i'll keep an eye on it though... huge volume last week for sure.
Gbathat
peeved,
that idea is very interesting... diluting half of what they're buying...
how would we see that... guess a trading volume 2X more than the o/s increase might be an indicator.
i'll take a look at that. Thanks!
gbathat
Songbird,
I think if they give us anything (non-projection based) by which to predict revenues for this year, the share price should adjust accordingly.
If Spooz were to be paid $500K upfront for development/customization costs along with monthly payments from 200 users at Company X paying $600 per month, we would lock up revs of 1.2 mil by year end.
1.2 mil x 10 / 5 bil yields, imo, a share price of .0024
I imagine the company would want to drive the pps up to this value via buyback before announcing such a deal. And I imagine they could get a lot of people to happily flip for 2-10X gains in doing so and thus get a lot of shares.
How much money could the company throw into a buyback program- maybe the value of their development/customization contracts?
And who knows how many potential deals are out there?
The o/s is our key parameter at this point, imo. If such an event happens it sure will be fun to watch. Could you imagine the buzz around here if we pop 10X with big volume on no news? The sharks will start circling at that point in a big way.
All my opinions. I am far from an expert on financial matters.
Peace,
Gbathat
Yes, I think so, as long as people "in the know" don't buy any stock based on that info... jmo. But Q3 reports will eventually have the info... not sure how specific.
I think Spooz will have to do this if they want to buy back shares under the radar.
a stable o/s without news should be our indicator if this happens, imo
yeah, hopefully it is a good thing, not a bad one.
Paul forwarded a recent email of mine to Mark...
Hopefully, it is just them going up to the next level.
Thanks for your post.
Peace,
Gbathat
wow, just got to the board and sure missed out...
agree w/ Milo about Jame Grove being a con and needing Peng He to build "his" program
bummer about that SWARM success rating fabrication... good thing Errol and crew already have three new strategies
I would not be in favor of a class action lawsuit from the shareholders... have a feeling those guys will have no money when Spooz is through with them... unless we go after that Pearce fellow, who may also be broke when all is said and done.
Overall, I am a little disappointed that the Spooz management was so trusting. Perhaps a few calls to the right people could have raised some red flags about Groves' past.
Anyhow, let's just grit our teeth and get through this. I'll be auditioning for the role of Gbathat, the obsessed shareholder, when this story becomes a documentary someday after Spooz goes bigtime.
Peace,
Gbathat
Posted by: Gbathat Date: Thursday, June 19, 2008 6:08:42 PM
In reply to: None Post # of 54293
Article about Spooztoolz in Traders Magazine
(don't recall seeing this posted before, sorry if repeat)
http://www.tradersmagazine.com/issues/20_281/100514-1.html
AlgoServer Expands Buyside's Horizon
By James Ramage
May 2008
Buyside traders seeking more power and control over their algorithm generation and trading strategies have a new helper. Spooz Inc. introduced a new tool, AlgoServer, to accompany its middleware platform for developing and launching algo trading systems, called SpoozToolz. AlgoServer, an application that resides on a server, lets buyside traders create algos on the fly, according to Darryl Dennis, Spooz's chief marketing officer.
But AlgoServer doesn't have to be used by traders. "You can have an OMS database running into it," Dennis said. "You can have a matching engine working with it. You can use a FIX server with it. You can use it to control order flow. You can attach a scripter to it."
Likewise, a broker could load AlgoServer into its server to push algorithms relevant to current market conditions out to buyside clients using SpoozToolz. Brokers could also give the buyside trader a choice of trading with certain algos automatically.
AlgoServer could be co-located at an exchange or ECN's data center. So, a trader can be sitting at home using a low-latency, high-speed algorithm to scalp the market, Dennis said. Meanwhile, the trade execution "is being done server-side." The trader can also adjust that algo from a remote location.
(c) 2008 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com
http://www.sourcemedia.com
The o/s is 3.965 billion as of this morning, per Old Monmouthe.
mg is posting on xxis board every once in a while
http://quantrade.us/aboutus.htm
anyone know about this? Didn't Erik Long used to work for Spooz? http://www.spooztoolz.com/press_details.aspx?ContentID=90
looks like these guys also went out on their own... imo
anyone have an o/s count of late?
tia
gbathat
Can't you get that from the "trades" feature under detailed quote on ihub... you can get there by clicking above the message board
http://ih.advfn.com/p.php?pid=trades&cb=1216688679&symbol=PINK^SPZI&java_vm=sun&java_vm_ver=1.6.0_01&fp=9.0.28
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
I hope we get the whole real story someday:D
Til then, I'll be happy with some newzzzzzzzzzzzzzzzzzzzzzzz!
take care milo,
gbathat
Remember when Paul talked about there being problems with having a trading software company and a trading for profit company under the same roof? I have a feeling there was a lot of tension in the office at that time.
These statements are completely speculative and just my opinion.
In one corner, you probably had He and Groves saying "stop planning to sell Spooztoolz... we could make a killing with our SWARM strategy that we helped developed on Spooztoolz."
In the other corner, you probably had Paul and Errol saying, "A single strategy's effectiveness usually has a shelf-life- our original plan to make the Spooztoolz software available to everyman trader is best for the long term success of the company."
The proposed comprimise was probably 141 Capital. I bet He and Groves were dismissed from Spooz and initially offered spots with 141 but were probably not happy with their piece of the pie. And having some false sense of ownership of SWARM, they took off out on their own.
Perhaps He and Groves made significant contributions to developing SWARM, but they should have read their contract more carefully, imo. When the dust settles, hopefully in decisive favor of Spooz, those guys may be in a world of hurt.
Peace to all,
Gbathat
"Spooz, Inc. (OTCPK: SPZI) is pleased to announce that the Company is in the process of moving all of its software-related North American operations into its wholly-owned subsidiary, Spooz Technologies, Inc."
I think this is the only important part of the PR... what does it mean?
Are all software associated revenues going into Spooz Technologies now? Spooz Inc currently owns all of Spooz Technologies, but the last PR indicated that the Spooz Inc shareholders would be getting a dividend of Spooz Technologies stock.
What does this mean? If you own SPZI, would you only own a fraction of the Spooztoolz revenues, with that fraction depending on the extent of ownership of Spooz Technologies that is retained by Spooz Inc ?
My hope is that Paul will somehow award more Spooz Technologies shares to shareholders of record before January. That would compensate folks who bought in at higher pps and also the longs.
Just my opinions.
Peace,
Gbathat
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
peeved,
I wonder if the company would buy back the shares if they stay private... that might streamline the selling process a bit for shareholders.
Guess we'll have to wait and find out though... thanks for your insights.
Gbathat
When the economy is in trouble, people are generally less willing to take risk. Therefore, Spooz is probably affected on a variety of levels- funding sources, potential clients reluctant to switch their software (probably carries substantial risks and resources), and a derth of penny stock investors interested in diving to a company whose pps has tanked.
Just my opinions.
I am still confident Spooz will succeed based on the dd shared on this board.
http://chicago.everyblock.com/business-licenses/by-date/2008/6/23/1045814/
Summary: On June 23, 2008, 141 CAPITAL, INC. was issued a business license of type "Limited Business License." Read more about what this means.
Business license details
Location 29 S LA SALLE ST
Issue date June 23, 2008
License type Limited Business License
Expiration date April 15, 2010
Structure Corporation
-------------
not sure how important this is or isn't, but thought I'd share
gbathat
when I read the PR, I thought unique shares. I know I've read somewhere that Spooz currently owns all the shares of Spooz Technologies... have to dig that up
jmo
question about share dividend
Can Spooz issue the dividend to shareholders as of a certain date? I know they have to draw the line somewhere, but is that line always drawn at the time of the PR?
Could they issue a dividend only to shareholders that owned shares on let's say, March 1st 2008, before the crazy dilution started?
Regardless, shares in Spooz Technologies and Spooz Europe should be less susceptible to further dilution of Spooz Inc, right?
TIA
gbathat
Thanks for posting that interesting article allie.
Gbathat
I think about 45 days after end of previous quarter... you can check their track record at pinksheets to get a better sense... 45 days is the number I have in my head though
peace,
gbathat
yeah, I need to get a life :D
http://www.hedgeco.net/sp_listing.php?service_category_id=32&mode=all
The HedgeCo.Net Service Provider Directory offers our High Net Worth, Institutional, and News members access to the top Service Providers in the Hedge Fund Industry. Our directory includes Lawyers who specialize in Hedge Funds, Broker-Dealers, Third-Party Marketers and many more of the best Hedge Fund Service Providers available.
...
Spooz, Inc. - Jim Hensel
Ph: 312-379-3166
http://www.websitetoolbox.com/tool/post/richardwilson/vpost?id=2791401
recent post by Jim Hensel at Hedge Fund Message Board .com
We have developed and are ready to deploy a multi-asset front end that incorporates Microsoft's Excel as a GUI. That means you can run your pre-trade analytics and generate buy/sell signals directly from your existing worksheets at the speed of C# from our middle ware. You have the ability to create synthetics from exchange listed products, record data, back test strategies, and implement algorithms without the need of programmers or IT. You can have our software run on a co-located server and have the trader toggle on and off strategies remotely from their desktops without the need of IT. We give creativity, control, and connectivity back to the trader.
Happy to tell you more, just contact me at Spooz.
http://spooztoolz.blogspot.com/
may want to bookmark this page... John Unwin's blog on Spooztoolz... no posts yet, but it just went up last week.