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Bird, the language surrounding those comments seemed very carefully constructed...
perhaps they are working on it now and just not allowed to talk about the details...
others here have said they would have to go completely quiet at the time of the filing though, so probably just a wishful theory on my part:D
"I meant loser in general"
lol gmenfan!
interesting indeed bird.
perhaps many are eyeing the chart from last year in which we were in a situation similar to the current one in terms of dilution and low pps issues, but now we have a bigger head of steam. In my unprofessional opinion, now would be an unbelievably good time to be jumping in so long as the dilution is not sustained. If it is sustained, the time period to jump in will be extended, but I don't expect the pps to go any lower than recent lows.
If things continue to fall in line in the Spooz business plan, we will all be happy, no matter when we bought in, as this company has tons of potential.
just my opinions.
peace to all,
gbathat
Thanks MC.
Sorry I missed your post earlier today. Looking forward to the news.
Gbathat
sidenote: if they really did sell 500 million shares for 50 million bucks, that would be some stellar news.
other sidenote: if the increase in o/s was not due to 504s, where did all the shares traded recently come from?
confused, but not hopelessly,
Gbathat
Interesting thought, and I hope it is right.
It actually fits better with the picture of Spooz painted by recent PRs than my dilution for financing theory. It makes more sense because Spooz was looking for some serious cash (50 mil or so), not a measly 300K.
Just tough when we don't have much to work with in terms of info... when Old Monmouth told me that o/s number today, I have to say emotion may have gotten the better of me.
Time will tell I guess. Thanks for your insights.
:D tempting
Volume traded since Apr 7th week was about 460 mil... guess we should've seen it coming...
and yes, probably still a little time to double down if you've got the expendable cash to do so. My guess is not many of us do these days.
Hopefully the well will run dry soon.
I hope that news is darn skippy this week.
500,000,000 new shares x $0.0005 (guess) = a whopping $250,000
In my opinion, we are either about to turn the corner to profitability or we are going to tank. I don't see much in between.
Like most here, bailing now doesn't even make sense, so let's hope for some good news.
Peace to all,
Gbathat
Bad news, just got off phone with Old Monmouth
o/s for spzi: 2,306,888,131 (I though our a/s was only 2 bil???)
I for one am not happy about this, and it better stop soon because it is not sustainable for the company to raise money this way.
Thanks Birdito. Glad to be of assistance, even if it is just on the minor, possibly irrelevant details:D
It is close to impossible to find much about spooztoolz online (beyond the spooz website and prs of course), but I am launching a new campaign to investigate the fringe aspects of the company.
For instance, the new hire at 141 capital is currently under investigation by the Gbat squad. Not much out there on the www about her, but I hope to have a report soon:D
Peace,
gbathat
Jim Hensel making friends with some interesting folks...
http://www.spock.com/Jim-Hensel-TmYP61Bd
I think this is a new website, and it probably only shows linkedin connections between members of the website, still a couple interesting ones
I particularly like the connection to a guy with expertise in mobile device development
also a connection to a guy with some apparently strong international business connections
Thanks for sharing that interesting conversation. Great news for us all, imo, cuz he was pretty darn fired up before!
Yes, I thought the sum was in the millions of dollars, right? I don't even think they could get close to that by dilution at this pps. So I expect another funding source and that any dilution would be for other expenses such as employee salaries in the form of stock until this train gets the momo going.
jmo
peace to all
gbathat
Thanks Sharga.
I think you have analyzed it more carefully than I, and I appreciate your insights.
For me, I was just trying to think of a worst-case, and even doing that, I still find this quite attractive unless I'm missing another piece of the puzzle. I guess that the up to $1M question would be a big piece that I need to look into.
Good luck, and have a good week.
Gbathat
okay, let's do some o/s analysis...
I think we've heard here (please correct me if wrong) that 141 may have gone after 100K via 504s (was that since the audit or including the audit amounts?)
Let's just say worst case, imo, they averaged .0005 on the 504 sells. For $100K, that would be 200M new shares.
If you look at the volume since february, there have been somewhere in the neighborhood of 500M trades, a number which should be cut in half to account for buys and sells, right?
Now, some of that volume must have been flipping and some bailing.
What's my point? Even for my worst case analysis, which is entirely my opinion (I'm new to trading and don't even know if this analysis is correct), then the current pps is still a huge bargain in light of recent revenue projections. In addition, based on the volumes we've seen, if they are in fact due to new shares hitting the market, the well should run dry soon... again, that assumes that only $100K was needed via 504s.
I look forward to the insight of others on these thoughts.
I know it is speculative, so treat it as such. It is not investment advice.
gbathat
I thinks SWARM does rely on a quick trigger. However, let's not forget the nameless "other" strategies that have been mentioned on 141's website almost since its creation.
Does anyone have any ideas what these other strategies might entail?
The last PR explicitly mentioned stocks as well, and I don't think SWARM was designed for stocks. In addition, SWARM was licensed only for derivatives/futures, right?
I have a feeling that 141 has a lot more brewing than we realize in terms of trading strategies.
Peace,
gbathat
ovidius,
Spooztoolz is being used in confined circles in chicago's financial district. Last I heard (on this board), Paul indicated that it had completed 1 million error free trades. That was a couple of months ago I think.
Things seem to be moving along, albeit slower than we'd all hoped last summer. However, it does seem that Spooz will be bringing much more than just a trading platform to the market... check out the Enterprise Solutions section on their website. In addition, they spun off 141 Capital (XXIS), which is looking pretty good these days (not pps, but news-wise).
Minus the pps, I am as excited as ever about the spooz future... of course, I wish my average buy in wasn't .0041 and that I had a bit more cash on hand to average that down. Oh well, in a few years I don't think I'll be too concerned.
good luck to you.
gbathat
lol, just a bit, imo
don't forget about trading revs, which could really start to add up once the money on hand increases
now that is some acceleration!! what else would we expect with spooztoolz under the hood and errol at the wheel!
woohoo!
We're expecting Q1 financials soon right? If I recall correctly, someone said by May 15th.
I am interested to see how much revenue was generated via SpoozChartz subscriptions. Perhaps that will give us some indication of how many are people keeping an eye out for the full spooztoolz software. If I were going to be using Spooztoolz, I would probably get accustomed to the SpoozChartz in advance.
Peace,
Gbathat
Okay, if anyone should be complaining, you should be. Kudos for not complaining like some around here. I hope you get some funds soon to have the option of averaging down. That was not investment advice. Hopefully in a few months we'll be back above a penny.
It's worth noting that some investment firms bought in at .005 via 504's in late February per the recently released financials, pg 9 or so. I imagine those companies did some solid dd before investing.
Good luck to you.
I think the number was around 17 a few months ago. I have not heard anything about additional hires since. I think the info is in one of the PRs from this year.
lol, mc
i'm not sure if I can do such a sell order via scottrade, but I'll try
you better hope this thing doesn't shoot up to ten bucks... you'll be missin out on that last order of magnitude! kidding of course, that probably won't happen for a few years (but a guy can hope! what do we need for that pps, like 200M in revs or something, yeah, probably a few years off;D imo)
peace to all,
gbathat
that was added to the website due to regulations... you can't advertise trading other peoples' money before the dd is available to them, part of which includes a track record i think, though I might be wrong there.
could be an interesting way to check the float;D
1 mil is a good chunk based on what we know... i'll work my way there if this pps stays low, but I think I'm probably gonna miss the boat.
peace,
gbathat
remember like a year ago Wing was talking about spooztoolz on your iphone... man that guy sees like two years into the future... haha
wing should come back under the spoozcat alias:D
To all of the share structure analysts, first, thanks for your insights of late.
Second, how are we trading at such high volumes lately if the float is so small? Is this just flippers and mm games?
TIA
and my favorite part of the disclosure (other than the share structure) was the notation of 504s for ~.005 pps in late February... not sure how those investors are feeling right now, but I hope it tells us where we belong and are going soon
all just my opinions
peace
gbathat
that's right, thanks bb
all aboard, woot woot (wish I was just getting on board at these prices, I'd be riding first class! but we're all heading to the same place I guess, so I'll just enjoy the ride)
I thought 141's license was exclusive... am I wrong there?
no need to be coy Birdito :D you keep getting that song stuck in my head
the only song I want stuck in my head is one I think Wing used to break out every once in a while...
the heat is on...
a good night to all
page 9, anyone else notice that the last 504 on Feb 26 was for about 10X's more money per share than the earlier ones... hmmm... interesting
before that, some got shares for .0002 ... so our current pps is definitely close to bottoming imo
however, on 2/26, the discount price was .005
i am having trouble placing an order with scottrade... will have to call in the morning
thanks allie!
it is starting to make sense to me now.
gbathat
Okay, this thing is way undervalued, imo. .0004 are you kidding? May be time to buy up that float...
Where are all the shares being sold coming from? The volume has been fairly high for such a low float? And at these prices, it is not making sense to me.
So the volume didn't really pick up until March. Our O/S value from that filing is 210 million? So we could be up to 300 million now, looking at the volumes traded since late February.
JMO, and it might be totally wrong, so help a brother out and correct me as you see fit.
bird, i think we just need more buying pressure... then I think it gets more risky to short... while they are increasing their spread (percentage wise), the risks of shorting also go up, right? I would think that the right news could drive us up to a penny in a hurry. If someone was short 10 million shares when that happened, that could cost them close to 100K... of course, they may be making enough with this spread to cover those risks, and if they need to, they will slow down any pps jumps with all the usual tricks. I remember last year, we got some good news one day and the pps almost instantly tripled, only to get smacked down within minutes to the pre-news level. It was really weird to me at the time, but in hindsight, it was probably just mm games.
jmo, thanks for the article gmenfan
bobadilla tipped me off to Spooz on another board... he said this was the place to get the info... he was right
maybe someone riding 10 million free shares
My chart of bashing intensity has shown a spike in the last few days... news coming??? j/k of course, but it is weird how they come and go, and i wonder what triggers their sudden appearance.
o/s was ~360 million on Dec 24th, imo... anyone disagree?
anyone think it could have changed much since? why?
that would give us a market cap of around 1 million bucks right now... right? sounds like a buying op imo
tia
gbat
can anyone support or refute this as being new info? tia... not gettin any bites on xxis board and am anxious
Posted by: Gbathat
In reply to: alliecorp who wrote msg# 1616
Date:3/31/2008 8:46:35 AM
Post #of 1619
(edited) i think it will show up in the Company Info section under Estimated Market Cap which currently says ~$108M as of Dec 24th, when the pps was around $0.30 ... I don't recall noticing that before, but I just prob missed the discussion here
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=xxis#getCompanyInfo
let's see, that would put our o/s on the 24th of Dec at about 360 mil if I'm doing the math right in my head...
sounds like the estimates were in the ballpark as of that date
that's awesome as nobody wants latency when they're trading 500K per click! less latency less risk imo. thanks for the info.