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my scotty showing no action on SPZI so far... is the discount candy store closed? I hope so! Guess we'll know with more certainty by day's end.
Post online by Jim Hensel
Question: Which is better, RTS or ORC
My firm is looking for a product that has an API and can be used to enter and manage orders for CME's GLOBEX UDS spreads. Additionally, it will be able to calculate fair value on such spreads and display any current bid/offer. Both these systems can do this at a similar price.
Jim's Answer:
Both those systems are good and in use at many firms. However, in 2008, there will be a new product on the market that will offer complete flexibility/customizability and increased trading capability. Additionally it will be offered at a very aggressive price point when compared to RTS or ORC.
Links:
* http://Spooz.com
* http://Spooztoolz.com
http://www.linkedin.com/answers/financial-markets/derivatives-markets/MKT_DRV/147165-13826490
This is popping up on my google search, but I cannot get the link to work.
Something about spooztoolz combined with PATsystems... anyone know much about PATsystems?
Support and resistance Online trading courses FastTrading
SpoozToolz integration to Patsystems and PFG will mean users can achieve fast ...[PDF] Patsystems Reflector™ – An OverviewFile Format: PDF/Adobe Acrobat ...
www.fasttrading.za.pl/online_trading_courses/support_and_resistance.php
Bird, $25K a week from 141 is fine by me... 141 needs their capital to invest, afterall. I'm guessing Spooz recognized that the value of this move is better for Spooz and 141 in the long run. If 141 can double their money every few months, then it would be silly for spooz to demand the money up front, since Spooz profits from 141's profits and pps.
The dilution is the result of this decision though, which is hard to accept as a long term share holder and brutal for flippers. I hope it stops soon.
Anybody have an estimate of the number of shares let loose by the company so far (on the open market)?
Maybe 141 wants to keep their capital to trade with, and maybe spooz thinks thats a good idea since they get 7% of their profits plus the benefit of the 141 pps increase that would be associated with greater revenues.
25K week gives 1.5 mil in 60 weeks, not considering the 80K already paid.
make it 109 sir
thanks for the info
"Spooz knows who has been sending around those PM's and email's. And not by their alias."
Awesome. Been waiting/hoping to hear this for a while.
Just called Manhattan Transfer Registrar. (631)928-7655
They confirmed acquisition of XXIS account and do not provide share structure numbers over the phone for non-reporting companies.
He said the info will be posted on pinksheets.com
nice find Allie... I haven't picked anything else up on the google radar. Just curious, what search words do you use when sifting through?
I've recently been using google with:
spooztoolz -inc -spzi
spooztoolz 2008 -inc -spzi
spooztoolz -spzi
spooztoolz 2008 -spzi
That's helped filter out most of the redundant PR hits.
GREAT POST MC!! DON'T MISS IT FOLKS.
Thanks for going above and beyond and sharing your findings.
Gbathat
Update: Called both Spooz and Omniquant. Neither party had someone available to talk.
Ominquant did not have a secretary. When I called, they said "Hey Jesse"... guess the kid was expecting someone else and said he was in the middle of a demo... overall not too professional.
At Spooz, the secretary answered and checked to see if Paul was available. He was booked for the rest of the day, but she suggested I try in the morning.
I'll keep at it and let y'all know when I make contact.
Snow,
Thanks for your comments. I will consider them in the next revision that I'll work on this week. I did address the issue of delayed launch in the Recent History section and later on in the Communications section, but I'll look at it again. I agree that increasing the A/S is not dilution and will make that more clear.
Gbathat
Actually, Allie didn't need to respond. Her original post about the $3 mil matter stated the source- Paul. She didn't say they had all $3 mil, she said the rumor that 141 didn't have its funding that was going around via PM was a lie.
Please don't criticize Allie for not bringing dd to the table, as she has done as much or more than all here I'd wager. How long have you been on this board? Longer than her? Or was it her sharing of dd that actually made you aware of this company? I know that is the case for many of us here, including myself.
I look forward to comparing your dd findings with my own. I plan to call Spooz and Omniquant, though something tells me Omniquant is going to be a lot harder to get a hold of and probably won't like to hear questions like "Why are you promoting a product that infringes on another company's patent?" They are a private company run by a recent grad, and though he went to a good school, I think he's in over his head on this one. We'll see.
Good luck to you, and please take it easy on folks around here. You are also capable of making points without attacking the people you're addressing.
Peace,
Gbathat
Well, I guess it was a more recent post than I thought. Martingale, Allie got the update on the $3 mil from Paul.
----------------
For the record folks. I informed Paul that there have been PM's being passed around here on Ihub that XXIS did not get their $3 million dollar funding. Paul stated that there is absolutely no truth to the rumor that the 141 financing has fallen through!
Just a suggestion for anyone receiving these unsolicted emails or PM's...contact Paul and if you know the name of this person, then report them.
----------------
Please note it does not say that they have $3mil, just that the funding did not fall through.
Allie, would you interpret your conversation as "141 has received all or most of the funding"?
Thanks! Keep trying to hold your tongue with folks around here... builds character I guess:D Though I'm not always a good model of this myself.
Thanks for your leadership.
Gbathat
More info about the $3 million below... hmmm... where did that number come from? The following was a repost of Martingale's post, corrected by jcrom...
Martingale's post with correction
______________________
Sorry about the delay here folks but this is what I have:
RE 141 Capital:
Per Errol Stone the XXIS shares will begin trading in January
as nearly as they can tell.
They own the shell now and have alot of paperwork to complete.
Also they are in the process of moving to the Chicago Board of
Trade with their new offices, buying equipment, neg. the lease
and so on.
Per Paul Strickland, he is expecting the IPO pricing on XXIS
to come in around .25. The 120,000,000 share spooz has would
then be worth about $30,000,000. There market cap is just over $6,000,000 now so alot of upside to the stock when XXIS
starts trading.
They are only going to put out into the market $3,000,000 worth of shares. This is being done first by a 504 with
accredited investors for $1,000,000. Then they are working on a 506 for the other $2,000,000. Eli Kauderer is handling the
placements. I have a call into him in his NYC office but have
not yet heard the details on the offering to investors. Eli's
number is 1-866-807-5111 for those wishing to check also.
They are staffing up right now to replace Jame Groves and Peng He. Paul said it was no problem to find another trader.
Apparently Groves is working for another company trading Forex.
They have NDA in place and confidentiality agreements as well
for whatever they do next.
About Spooz:
The REGDEX filing was done for a mini 504 which has now been
completed and explains why the O/S increased by 80M shares
recently. The financier has the shares and may or may not have already sold them on the market but they are in the
1.4B O/S. They are not planning on doing another 504 so no
new shares will be added and the A/S will remain at 1.475B.
Tom Opper is going to be the new Director of Sales. Tom was
the IR guy before. I have talked with him in the past and he is a very sharp guy and completely knows the spooz story.
We should be able to get a feel for sales results from him when the product is launched.
They are definitely on track for releasing STv2 in January and are staffing up now to do it. They need 24 hour phone coverage 7 days a week at spooz to handle the expected call
volume and they need technical sales people.
Spooz is not planning on releasing much in the way of PR's
until January. They are going to start their IR blitz at that time.
141 Capital should have a PR or two before the end of the year.
Paul said that it will take 1,000 subscriptions at $600/mo
to become profitable and they expect to do that in Q1 2008.
They already have lined up several hundred subs.just waiting on the product release. They continue to demo the product and
sign up new subs.
Paul said the PPS is going to take off when their is news on
revenues which will start in Q1. He thought spzi might run
to $1 per share by 2009-2010.
The company is in a good cash position at this time having gotten in money from the mini-504 they did. Errol Stone said he expected to fund the first $500,000 to spooz in the next
45 days. They have the money in place.
That about wraps it up.
repost: this seems to be the number in question... seemed almost like fact in this post. To be fair, I'll try to find where this number came from...
--------------------
Posted by: martingale
In reply to: MrGoodBuddy who wrote msg# 38130 Date:11/15/2007 3:57:15 PM
Post #of 43527
Yes. They are only offering $3M of shares to the market.
The float will be quite low and the O/S would be the $3M in shares + 120M to spooz. It looks like spoozs ownership of
141 is going to be more substantial than many had thought.
Heck, even if its .05 that would be $6M added to the assets
of spooz. Double what the market cap is right now. So, we
shall wait and see how XXIS trades.
Errol Stone was in good shape today on the phone but quite
busy with all the paperwork and logistics of putting 141
together. It is definitely going to happen...just a matter
of timing now.
The patient should be much rewarded at the current PPS.
I agree that anything under .0125 is going to make money
over the next 120 days. January is only 45 days away, this
month is going quickly.
I don't see how those bans are any fault of Allie's. They were banned by Ihub admin, so it states in the jailhouse. (Don't get me wrong, I ignored those guys long ago, so I must be a fascist, or maybe I just don't want to waste my time reading their repeated groveling).
do what? keep us sane? yup! rereading my post, I didn't mean to portray my wife in a bad light... she is the best.
I would like to thank everyone for reading the Welcome Newbiez post and for the support from both sides of the aisle. No, I am not running for moderator on an Obama-style CHANGE platform, haha. I think the mods here do quite well.
I have received some suggestions for improving it and will incorporate them. I'm going back through it, trying to read it as a new investor would. We all know so much about the company, that this is probably hard to do.
My wife is heckling me for spending too much time online, so I'll see ya'll later. Keep it civil now folks.
Peace,
Gbathat
I think I will be calling the company on Monday afternoon. I am not worried, but it would be good to put any of these issues raised to rest. Good advice Allie.
Martingale, your post is a bit disturbing. Some questions for you...
Omniquant boasts very similar capabilities as spooztoolz. http://www.ominquant.com . However, I see no indication on their website of anything patented. Spooz, however, filed patent applications for spooztoolz last year. How can Omniquant copy a patent-pending product?
Omniquant's website, though updated, makes it seem like they are a lot further along than they are... You cannot register to download the software. Their discussion forum has no topics.
Are you really concerned that they will beat spooz to market? Are you concerned that if they do, they somehow won't be infringing on the spooztoolz patent?
Also, why would Fedfunz go to work for Spooz if they don't have a product? Why would Spooz be hiring so many staff for sales now if they were not set to begin shortly.
Most importantly, why post this information now as opposed to three months ago? I remember you bringing up some Omniquant issues but not as clearly as you stated here today.
Who said XXIS only has $250 K... "it has been said" by who? traderfan? allie? Paul? your imaginary friend? :D
Thanks,
Gbathat
Dear Newbiez, welcome to the board.
I will post this daily and edit it as needed. If anyone has suggestions, please pm me if you can or post it publicly. Much of it is from memory, so any well-thought corrections are welcome.
The following is a short overview about Spooz, Inc and should be considered only as a personal opinion. I tried to be as balanced as possible in the discussion, but please note that I am a shareholder. Please do your own DD to verify all statements. They are not investment advice. I am not a financial advisor or expert. Most of this information is based on DD (due diligence) brought to this board by other members. We try to share information openly here.
About Spooz, Inc: Spooz is a software company that has designed a trading system (Spooztoolz) based in MS Excel. The company claims it represents a paradigm shift in trading and will become a universal standard for trading. You can find out all about it in the Ibox above, at http://www.spooztoolz.com (brief video demos available), and if you are persistent enough, by surfing through posts on this board.
Spooztoolz (Recent) History: The first version of Spooztoolz was released in spring of 2006. However, the launch failed. The primary reason for this failure was the inability of a partner to bring a promised component to the table. Since then, Spooz has revamped the software and now claims to have a completely operational, improved package. This upgraded system (Version 2.0) was supposed to be released in June 2007. However, a few days before the launch was promised, the company entered a quiet period. The CEO, Paul Strickland, stated that the quiet period was at the request of people wishing to inject millions into the company. Since that time, timelines for product release were modified, and limited information is available regarding the cause of the quiet period. The Spooztoolz release was promised for January ’08, and in recent PR’s the company has indicated that it is now available for professional, institutional traders in the Chicago Trading district. Two components of the Spooztoolz package, SpoozChartz and Fractalz, are available for retail customers via the website. Spooz management has indicated that they are working with several large brokerage clients, but details are not yet available. In my opinion, the launch has begun, and exciting months are ahead.
Share structure: The latest o/s (# of issued outstanding shares) reported on this board was 1,547,297,645 (Thanks Martingale!), see post 43342 (Feb 1, 2008). The o/s on Jun 30, 2007 was 1,465,630,979. The dilution of shares (increase in o/s) is mostly recent. Please see post 42261 (Thanks Birdito!) for a summary of the company’s explanation. The total a/s (# of shares including those not yet issued) was reported to be 2.0 billion. This dilution has been absorbed to some degree by the demand for shares, though the pps has declined considerable since the summer (for a variety of reasons, not just dilution). In my opinion, dilution makes short-term investing in SPZI potentially more risky than if no dilution was occurring. However, the right news from the company could also drive demand up to overcome this.
Revenues: The company has communicated that revenues from Spooztoolz-related activities will begin this quarter and that profitability could be achieved by mid-year with the business plan at that time (November 2007, ValueRich Expo presentation). Moderator Alliecorp confirmed these reports recently by phone (see post 43462). Revenues associated with 141 Capital, a spinoff company that will utilize Spooztoolz-based systems to trade (more info below), were supposed to begin in Q4 2007, though reports confirming this are not yet available. A PR was issued stating that the 141 Capital shares were issued to Spooz.
141 Capital: 141 Capital (http://www.141capital.com) is a spin-off from Spooz, of which Spooz owns 120 million shares. However, the 141 Capital (symbol XXIS) share structure is not yet available. 141 Capital will utilize SWARM, a proprietary trading system developed in Spooztoolz, and other algo-trading strategies to profit. It will initially trade from its own accounts. If it establishes an attractive record, it will then consider trading other people’s money for additional profit.
Notable, recent DD from the Ihub community (in my opinion):
Positive:
New staff: A recent PR summarized the hiring of new staff to facilitate the transition from product development to product sales.
The Fedfundz story: An ihub member with alias fedfundz, reported to have viewed live demos of the software and to have been blown away by the product. Indicating he was a professional trader, he also brought trading colleagues to see the demos with the same result. See posts in Ibox. Months later, Fedfundz reported to be interacting more with the company and just recently, reported that he is now employed by Spooz. His identity has been revealed via DD on this board. Jim Hensel (http://www.linkedin.com/in/jameshensel). A recent PR from the company confirmed his hiring. This man has an accomplished record in the financial industry, and thus, I interpret his venture onto the Spooz team as a huge sign of the potential of this company.
FIA Expo Presentation: In November, John Unwin of Spooz was featured on a panel of experts on algorithmic trading at the annual FIA expo. The talk is linked in the ibox above and highlights many of the advantages of Spooztoolz. It was personally surprising that Spooz was invited to be on this panel without publicly available software, and even more surprising that Spooz did not PR this major event.
141 Capital: DD available on the 141 Capital (XXIS) ihub board details the progress of 141 Capital in terms of their registration with appropriate authorities to engage in the business of trading. Please consult that board for more info. Many updates are needed from the company, but the ball is clearly rolling.
Negative:
Dilution: As stated above, the company is once again issuing more shares and apparently putting some of them into market. The extent of this should decrease as revenues begin. It is not known why the company is using this funding means, as it puts burden on the shareholders and drives down the pps or stifles pps increases. Dilution results in a loss of fractional ownership of the company. The company management has suggested in past communications that this loss in fractional ownership is countered by the added benefits associated with the funds raised. However, the critical question becomes, “Are these benefits truly additional, i.e., above and beyond what was promised before?” It is hard to assess this question without more information. Please contact the company if you are concerned about this issue. The A/S before dilution began was ~1.5 billion and is now 2.0 billion. The shares issued are reported to be primarily for employee compensation and restricted, but some appear to be hitting the market as well as the volume of trading has spiked while the pps is fairly stable. This dilution is a recent event. The company did not engage in dilution for the greater part of 2007.
The dilution can also be a potentially positive aspect for a new, long-term investor, since it temporarily floods the market with shares, usually making them more affordable. For people who already bought their full position in Spooz, especially for those that paid a higher price per share, dilution is a real pain to endure. However, if the company is successful, the long term investor will be rewarded for enduring such pains despite not getting in at the optimal level.
Communication: The Spooz management has not always been perceived to communicate clearly to the shareholders. Part of this perception may be due to a dynamic business plan that is likely being adapted to maximize market share and account for other developments (good or bad). Mystery surrounding the company activity regarding the quiet period and any big clients they may be working with has drawn considerable criticism from some of the Ihub community. All shareholders are anxiously awaiting clarification on these issues.
Again, the statements above reflect my opinions and my perception of important factors relating to Spooz Inc. There is a lot more info out there, but I hope this will get you started.
Welcome aboard,
Gbathat
It occurs to me that I should not propose more work for others without volunteering myself for it. I'd be happy to post daily to newbies around here. I can draft a standard post by Wednesday and will update it as needed.
much needed peace to all,
gbathat
It is my opinion that a new investor coming to this board will run away with their tail between their legs. I concede defeat to the FUDsters.
I propose we do not respond to baseless negative posts and that mods periodically (daily) direct new investors to the ibox and also have a standard post about the merits and unknowns/drawbacks/risks of investing in SPZI.
All of us who are regulars and actual investors here can sort through the garbo. But let's not waste our time on a pointless war. The more we engage someone, the more credibility they gain, and the more they post, imo.
If someone posts a negative but logical or fact-based post, and they do not have a history of slamming the company without the facts, then by all means respond. But there is no reason to engage certain folks around here. They thrive on it.
note the key word "approximately"
repost... been a lot of sparring today, just don't want it getting lost.
interesting tidbit... i'm pretty sure this is saying that this strategy will be tailored to fit into spooztoolz (along w/ ninja trader) in mid 2008. Interesting that people are already tailoring their products to Spooztoolz! They wouldn't tailor their apps to Spooztoolz if it wasn't going to be used widely, imo... see below
http://www.vcapfx.com/cax-advantages.asp
CAX GUI
CAX is front-end "agnostic" and currently offers multiple GUI solutions with ChoiceFX as its primary interface.
ChoiceFX offers robust stop-loss functionality, stop-limit order manipulation, historical price data, market, limit and 3 distinct types of stop orders, as well as trailing stop functionality, an ability to trade one currency at a time or a number of them, ability to view charts and news to be enable a user to make more informed decisions; numerous ways to look at the account data, such as currency exposure, open order, pending orders, as well as others and back-office tools. ChoiceFX is also MetaTrader & MetaQuotes price gateway ready.
PATS, NinjaTrader, SpoozToolz are scheduled for future roll-outs in mid 2008.
------ note: bashers, don't interpret this as Spooztoolz will be rolling out in mid '08, they are talking about this application being ready for Spooztoolz by then. Ninjatrader is already out, remember.
Bucks, I recommend focusing on figuring out the company, not the stock. At these prices, it is possible to own a significant stake in the company whether the o/s is 1.5 bil or 2 bil. I'm no t saying to neglect this difference, but at this point, I'm focused on whether the company will be successful or not. If it is successful, we will probably all make a lot of money. Just how much I don't know.
What I've learned thus far suggests to me that it is bound for success. That is my opinion.
I try not to worry so much about the day to day fluctuations except when deciding when to buy so I can maximize my ownership.
Good luck sir.
what? no one around to do the spooztoolz shuffle with me? Guess I'll have to rock this one solo... see ya'll in the morning.
interesting tidbit... i'm pretty sure this is saying that this strategy will be tailored to fit into spooztoolz (along w/ ninja trader) in mid 2008. Interesting that people are already tailoring their products to Spooztoolz! They wouldn't tailor their apps to Spooztoolz if it wasn't going to be used widely, imo... see below
http://www.vcapfx.com/cax-advantages.asp
CAX GUI
CAX is front-end "agnostic" and currently offers multiple GUI solutions with ChoiceFX as its primary interface.
ChoiceFX offers robust stop-loss functionality, stop-limit order manipulation, historical price data, market, limit and 3 distinct types of stop orders, as well as trailing stop functionality, an ability to trade one currency at a time or a number of them, ability to view charts and news to be enable a user to make more informed decisions; numerous ways to look at the account data, such as currency exposure, open order, pending orders, as well as others and back-office tools. ChoiceFX is also MetaTrader & MetaQuotes price gateway ready.
PATS, NinjaTrader, SpoozToolz are scheduled for future roll-outs in mid 2008.
------ note: bashers, don't interpret this as Spooztoolz will be rolling out in mid '08, they are talking about this application being ready for Spooztoolz by then. Ninjatrader is already out, remember.
bocaB, got your pm, don't think I know a B dub.
take care sir.
woohoo! Thanks Allie!
or this one???
http://www.finanznachrichten.de/nachrichten-2008-01/artikel-9982944.asp
Popped up pretty high on a google search for spooztoolz 2008, i haven't noticed any similar sites popping up before... hmmm.
great article, thanks for sharing
thanks. sorry all for the confusion.
Rich,
Thanks for calling me out on that... looking at it again, I'm not sure. MG was talking about 141, but talking to Paul, and posting on the spooz board... so perhaps he was talking about spooz.
Which company would have more IT needs? MG said that was the biggest group.
Fractalz for sale! nice find wildman... not old news to me.
I hope Errol catches wind of this and drops some news on those shorting fooz... got this out of my Scottrade news section.
BUYINS.NET: DVLY, CADD, HKFIQ, XXIS Have Also Been Added To Naked Short List Today
Tuesday 01/29/2008 9:33 AM ET - M2
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Deer Valley Corp. (OTCBB: DVLY), Caddo International Inc. (OTC: CADD), Hancock Fabrics Inc. (OTC: HKFIQ), XXIS Corp (OTC: XXIS). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
how do you know they are not trading this very instant? you don't. I don't know for sure that they are, but I don't go around saying they are either.
spooztoolz and spooz dot com both down right now, at least I cannot access them... anyone else?
hopefully something brewing...
from the spooz board compliments of mg
Posted by: martingale
In reply to: shinebox who wrote msg# 43134 Date:1/29/2008 9:00:57 PM
Post #of 43161
I talked to Paul today and he said 141 Capital had just signed a lease in their HQ office building and expected to move in on
Feb.1. The CME space was $37 a sq.foot per year so they decided against it afterall.
PS: They are now up to 17 employees. The IT group is the
largest. FWIW he said their new program developers in C++
were better than Peng He. He said Groves was more of a sys.
archt.