is currently counting beans
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Along the same lines of what we have been discussing tonight, I found the following write-up pretty interesting:
http://www.haganlaw.com/docs/Spin-Offs.pdf
A very interesting scenario to say the least.
I too have noticed a similar trading relationship between the two companies for the past month or so.
Oh, I hear you. It's been so long since we had any significant buzz though and my left palm is itching (LOL).
Your word is ample enough for me MC, but thanks for the extra backup as well. Now I am really curious as to what may be unfolding here…
Thanks
Do you feel as though all the trades that showed up as sells today are mis-leading?
I like your thinking on this issue Georgie, but, if you would, could you amplify your reasoning on one thing. Most of today's trading activity "appeared" to be centered on selling activity. If this is indeed true, do you anticipate a rash of buying activity in the near future in order to absorb diluted shares for possible reallocation into subsidiaries?
I believe this is your reasoning on this, but please correct me if I am inaccurate.
Thanks
I was reading an academic article the other day that stated if there are those who indeed have material naked-short positions in a company such as Spooz ( a start-up in essence), just taking the share price down to .0001 is not enough. In order not to ever have to cover their shorts at all, and fully maximize their profits, they need to have the company go out of business. Just a thought.
Further News is Out:
Spooz Technologies, Inc. Named Central Research and Distribution Center for Spooz, Inc. in North America
Last update: 9:31 a.m. EDT July 17, 2008
CHICAGO, Jul 17, 2008 (BUSINESS WIRE) -- 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. The purpose of this transaction is to market SpoozToolz(TM), its suite of revolutionary trading and transaction software, to the fast growth financial marketplace.
Spooz, Inc. provides an affordable suite of software solutions designed to simplify financial trading for professionals and non-professionals. Its products provide a versatile configuration of trading screens, analysis screens and automated trading systems for the financial marketplace. The Company's flagship products enable any trader to quickly and efficiently bridge the gap between concept and execution.
Spooz Technologies, Inc. is a trading solutions company focused on next generation traders. The subsidiary will focus its marketing efforts throughout North America with the ultimate goal to unite the global trading world under a universal standard for market analysis, decision support, systems development, position management and electronic trade execution.
"This is a pivotal time for our Company as we approach the worldwide market for our financial trading solutions, and by making Spooz Technologies Inc. the central depository, research and distribution center for all our SpoozToolz(TM) technology in North America, we'll be able to better focus our marketing efforts for the benefit of our Company and our shareholders," stated Paul D. Strickland Jr., CEO of Spooz Inc.
About Spooz, Inc.:
Spooz is a Trading Solutions Company focused on next generation traders. SpoozToolz(TM), SpoozToolz(TM) Pro and SpoozChartz(TM), the Company's flagship products, enable any trader to quickly and efficiently bridge the gap between concept and execution. The value of the SpoozToolz platform is that it enables any trader to create trading applications, including algorithmic black-box systems, that retain flexibility and customizability, are simple to use, and that facilitate bringing the traders ideas to production before opportunity for profit is lost.
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.
SOURCE: Spooz, Inc.
Spooz, Inc.
Mark Savage
Investor Relations
+ 1-866-THE APPL(E)
www.spooz.com
Copyright Business Wire 2008
Response from Paul to a question I posed about 20 minutes ago:
Michael
No. Messrs Groves and He have not affected SpoozToolz at all and things are proceeding nicely for retail launch. There will be much more news soon.
Best,
Paul D. Strickland, Jr.
Chief Executive Officer
Spooz, Inc.
29 South LaSalle Street
Suite 1250
Chicago, Illinois
312-379-3166
www.spooz.com
www.spooztoolz.com
--------------------------------------------------------------------------------
Hi Mr. Strickland,
Has the “green zone” launch and/or overall public release of STV2 been compromised in anyway by the on-going litigation concerned with Groves and He?
I'll respect your opinion, but in my opinion, I feel this company is anything but typical. They are just slow, very slow if you will, to market. As I stated in earlier posts however, what Spooz is attempting to do is not unlike trying to introduce alternative fuels into the automotive industry, where there are significant barriers-to-entry (namely cutting into the tremendous profits enjoyed by the powers that be). Therefore a high degree of stealth, exploration of alternative angles and deliberation is warranted IMO.
But surely you can see where with marked revenues the company could buy back a boat load of shares with relative ease?
You know I've been thinking about that Gbathat. I wonder if Spooz purposefully increased the authorized share count in order to give the appearance, threaten if you will, of readying to use (dilute) them. By doing so, the company could conceivable buy back at a consistently low price let's say 3.5b shares, thus restoring the relatively recent common share capital structure of 1.5b IMO.
I believe ONE of the aspects MM look at in determining how fast to increase or decrease the daily pps concerned with an equity is the company’s overall share structure. Just a thought.
Anybody see it differently?
Ask moved to .0004?
...and disclosure statements to boot!
That's fair enough Rock, the fact of the matter is I feel comfortable with my investment in Spooz for the following reasons:
1) Whenever I call or email the company, there is almost always someone there to provide me with satisfactory answers to my questions; even though that individual might be busy performing their duties.
2) For the time being, this is a pink sheet company, and it means a lot to me that though I have tried and tried to find fault/illegalities/violations within the company, I have not.
3) The company was open in informing its shareholders that additional dilution would be necessary (not many pink sheet companies I've been invested in have been)
4) I fervently sense that they are trying in earnest to bring their products to market.
That's enough for me anyway.
Hi Rock, that's why I was careful to use the term "potential". For me, it is reasonable to assert that Spooz might be having some problems penetrating the barriers-to-entry, which are prevalent in its market-segment. Consequently, I expect the generation of revenues to be deliberate at best, right now. So I feel patience, a lot of patience, is needed by investors, in order to see the company reach its full "potential". All IMO of course.
Understood.
I agree that, on the surface, everything may appear a bit sour at the present time however, none of us are able to accurately predict “future” events concerning the company with certainty.
I for one, was around when the stock price hovered around a penny, I didn’t sell then because I felt a mere penny pps was far from my expected ROI. In short, I don’t believe the pps concerned with this stock has even begun to go where inevitably I think it will. The potential associated with the company's products appears far reaching IMO.
Arkanperta33, why such a dramatic change in your position, in such a short time-span:
6/25/08
"i think what we need to do as share holders is to support the company because talking bad about it is not going to do us any good..it cant go any lower than .0002 which means if things goes well it only can go north from here..good luck to all....jmho"
Please check your email when you get a chance Allie.
Thanks.
Just an old, friendly reminder of who the CEO of Spooz is, and what he and the company are very-much about:
CAVEAT EMPTOR!!!
That is the exact same information I just obtained from the T/A at 11:04am.
Hi MC, the first two MM's you see on the BID there, have not changed their respective positions for about a week or so now. I don't believe that either are in play, on the BID that is, at the moment (IMO).
Yes, online - E*Trade.
My brokage account allowed me to put a sell order in for $1.00.
NP
6/20/08
Common Shares Outstanding as of 1:27pm (Per the T/A)
Authorized - 3.5B
Outstanding - 3,081,120,458
No change (since the last time I checked)
That's what I knew it to be last week MC.
Hi all, I also would like to sincerely thank IT, Shinebox, Enforcer, CptnDon and others for their hard work in bringing the valuable information to the board that they have.
As I am bored, I took the liberty of running some volume/price analysis for the past 30 trading days.
During the past 30 days we have seen approximately 1,373,909,053 total shares traded. I have been watching the buy vs. sell ratios very closely during this timeframe, and can conservatively/safely say that at least half or 686,954,526.50 of these trades have been buys.
Now, the average daily pps during the past 30 days comes out to be around .000575, which translates into approx. $394,998.85* being spent to buy common shares of Spooz from the period May 5th to June 16th.
* - a general rather than weighted average was used
***Opinion***
I find it irrational that the other approx. 686,954,526.50 shares that were "sold” were totally dispensed with by investors, day-traders, institutions, etc. at such a low price, a price which moved little, if any, during that timeframe.
Therefore, we all know that dilution has and maybe still is occurring, but the overarching question still remains - to what end entirely does has this new, rather vigorous round of dilution serve?
In my humble opinion, all is not as it appears on the surface, hmmm…
Thank you, here's to hoping that one chapter gets finished today, and another started.
Present
But the market will be closed by the time the shareholder's meeting gets under way, and I don't believe you can trade OTC stocks after or before market hours.
Wouldn't that be fantastic!
I'll have to take the "fifth" on that one.
Shamefully, and for some unknown reason, the first thing I thought about when I saw it was "who shot J.R." (LOL!!!)
Just finished cleaning my pool this afternoon as well and, I found a dead, bloated squirrel in mine floating face down.
Spooz and/or its friends.
IMO, this would indicate one of two things:
1) Shares are being moved around between market makers, or
2) There exist a strong buying presence brought about by x, y and/or z
Well, as I observed yesterday peeved, there were actually more buys than sells (not counting after-hour activity) - 85m to 79m. I have also observed this same scenario on other recent high volume days save one.
Well, I don't know how accurate the old "signal between market makers" theory is, but yesterday I saw one and only one 300 share transaction go through, which is supposed to signal that a mm wants the price to be taken down a bit so they can load up on shares. Take it for what you will.