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nOOb, it's a carrot on a stick fastened to the front of the cart. The cart is moving toward the carrot under the heavy labor of the mules, only the carrot keeps moving too. If they don't understand by now that dates and times don't mean anything to Spooz, they never will. The STv2 new release predictions will come and go as before. The financials will be unaudited and will appear on PinkSheets. Then the cycle will start all over again...nothing new here...
I have visited the web site you kindly linked for me. Everything I tried under their list of products under "trading systems" turned up nothing I could buy. Do they sell anything? ...I mean besides supplying "serious investors" with blocks of discounted shares to dump into the common market?
Great...where can I buy a subscription?
Let me supply your answers.
1.I supply the hot air.
2.I am being facetious and antagonistic.I have followed this stock since just about day one and have done my fair share of kicking the tires.The result of my "DD" is that I sold a long time ago (as in YEARS ago) at a loss of about 10% when I saw that great news was always followed by a lot of new shares...how are you doing?
3.Calling a company to let them blow smoke up your bum is ridiculous...you don't call that "serious DD", do you?
4.No serious investor would come within smelling distance of this offal.
When is the reverse split going to take place? Or will they take you to 10 billion?
Where can I buy a subscription?
Why is the IBox so rediculously long for this stock? Can't someone pare it down to something commensurate with the size and scope of Spooz' successes? I mean come on...talk about much ado about nothing. A lemonade stand produces more income than Spooz...and that is the truth.
What has any of that to do with this company? Don't you realize that energy stock scams are the most prolific out there? There are scores of warnings from Attorneys General from many States warning about stuff like this. Solar Broke is history.
Is this board still active? Amazing. Are we seeing tens of millions of shares going at .0001? It appears some large blocks of shares are being sold in private placement at a discount and then dumped on the unwitting. Or there could be trades going on below .0001 I think we generally only see four ticks to the right of the decimal even though trading can occure beneath that. In any event, what a sad state of affairs. I suspect that if Spooge had anything of merit in the works, surely someone in the trading world would be in the know and would buy this stuff. Why has this company never produced anything? Where's the beef?
Very simple...they need to make, like, a 1 for 1700 reverse split? Something like that I would say.
I doubt if these traders have stopped trading while tinkering with Snooz. They are still making money, I am sure.
It's worth about ten grand. ( 18,000,000 shares that is)
Come on now, there are a lot of people on the board smarter than you and I who say everything is peachy. And Spooz has a plan and a time frame. Everything is proceeding exactly as it should. There is no place here for that kind of opinion. Even if this goes to .0001 , so what. They have a plan!
I can't find anything in any publication that says Spooz has gone to the market. I have followed this since it first appeared on the IHub. I have heard a lot of promising dialog on the board by those "in the know". But to date I can not find any thing enlightening outside of the confines of this board. And nothing here is bona fide. I have no doubt Spooz has people at work. I hope they get this done soon. It is foolishness, IMO, to believe time is no object. If nothing else, time= dilution=dwindling value to the shareholders.
No, your reply to Allie...Allie was talking about the E*Trade crap, you responded about the old Microsoft article. I merely implied that you responded about one thing, while Allie posted about another. Geeze...no need to blow a gasket. And if we are going to pick apart old news what about this one? :
Spooz Announces SpoozToolz Launch Date
Tuesday February 28, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--Feb. 28, 2006--Spooz, Inc. (OTC:SPZI - News) announced today that after consultation with its primary development contractor, Software Options of Chicago, Spooz has set March 24, 2006 as a firm date for the launch of Spooz's flagship product, SpoozToolz. Upon its release, SpoozToolz will provide connectivity to nearly 60 domestic and foreign exchanges and 23 brokerage firms.
Cathy Cullen, President of Software Options, stated that while developing SpoozToolz was a daunting task, development is essentially complete. "Between now and March 24th, Software Options will add additional exchange connectivity and other enhancements. The time will also be used to enhance the user experience and the integrity of the product."
Paul D. Strickland, Jr., CEO of Spooz said, "We believe that the launch of the SpoozToolz trading product will represent a paradigm shift to a new standard that will significantly enhance our shareholder value." Strickland stated further that he was excited about the greater exchange and broker connectivity the enhanced product will provide. "Our ever increasing drive to create connectivity will aid Spooz in marketing SpoozToolz to a broader range of end-users."
Good opportunity here!
Cheers
***********************************************************
I did not and do not imply the MSFT article is any newer than the above Spooz release. All I am ( against a hail of stones) trying to point out is that there may be, and likely are, other entities in this race. If MSFT was toying with it then, who is to say they are not still? Therefore this belief that only the Spooz time frame matters a hoot is foolishness. They are not trying to brew an award winning cup of coffee. They are trying to get something to market. They need to do it before someone else. Is this concept that hard to accept? The MSFT article is old. So is the above article. Can I therefore say Spooz is not doing anything now because this old article never panned out? Of course not.
I am not taking sides here, but merely trying to bring a few points to the floor. The first being that there is an illusion prevalent here that there is no time frame but Spooz' time frame. That is risky thinking. It is very important that Spooz be first to market. Anyone that can not accept that is ( in MHO of course) not thinking rationally. If this concept that Spooz is pursuing has merit, it is reasonable to assume there may be others looking into it to.
No confusion here...the E*Trade thing is crap, no doubt about it. But it is available, that is the point. I know the two can not be compared as far as what they can or can not do. But you can do one thing with the E*Trade crap that you can not do with STv2...you can use it.
The Microsoft point is another thing altogether. It shows that Spooz is not alone in approaching Excel and high end computing to produce a commercially attractive trading tool.
Cripes, can't a person pose a few observations without being set upon? Do you not think that there is any outside chance that someone else is kicking the same tires that Spooz is? I think the article I found says yes. As for time frames, the only time frame that will have mattered will be revealed the day someone is first to mass market this concept. Right now there is no time frame, only an uncertain foot race.
All merely my unqualified opinions which are for the sake of conversation about this company, not to evoke a cyber riot.
IW, you are confusing the E*Trade thing with the Microsoft article. Yes, the MS article was dated July 2006, but the article does not boast of anything available at the time it was printed. It says Microsoft is working on something that may be "the way of the future". In July of 2006 Spooz was claiming the same thing. The whole point of my posting the article is to bear out the thought that Spooz is not the only entity affording thought and effort to combining Excel and powerful computing to create a product for the professional trading segment. I daresay, Microsoft and Spooz can not be compared when it comes to resources available for R&D. In that department, Spooz doesn't amount to a pimple on Microsoft's bum. What it comes down to is who gets to market first. That is my point. If MSFT and SPZI are working on anything remotely similar that utilizes a product belonging to MSFT, do you think it unreasonable to assume MSFT will have the edge in resources and brain power? As I said, if Spooz has the goods, they had best get on with it.
It looks like Microsoft is trying to combine Excel with high end computing for trading purposes:
Microsoft Showcases Modeling and Trading Platform of the Future
Linking Excel Services with Windows Compute Cluster Server 2003, Microsoft demonstrates how to turn Excel into a strategic trading platform built on high-performance computing.
Related Links
Feature Stories:
•
Microsoft Showcases Excel Services and Windows Compute Cluster Server 2003 at Securities Industry Conference – June 20, 2006
Microsoft Resources:
•
Microsoft Financial Services Web site
NEW YORK — June 20, 2006 — At the largest single IT event targeting the securities industry, Microsoft Corp. today demonstrated what may soon become the standard modeling and trading platform of the future: Microsoft® Office Excel® and Microsoft Office SharePoint® Server built upon a Windows® Compute Cluster Server 2003 high-performance computing cluster.
The solution, which is being demonstrated on an HP Cluster Platform 4000 at the HP and Microsoft Break Room at this week’s SIA Technology Management Conference & Exhibit in New York, utilizes the ubiquity of Microsoft Office Excel spreadsheets in today’s financial services firms as a front-end interface, combined with the scalability and availability of Windows Compute Cluster Server 2003 software as a back-end analytic engine.
“Securities firms have long been concerned about spreadsheet creep, particularly in today’s compliance-oriented environment,” said Louise Westerlind, analyst in the securities and investments group at Celent LLC. “Microsoft and its industry partners are in a prime position to solve this problem by combining an Excel front end with a high-performance-computing back end to help brokers unleash the full power of algorithmic trading.”
Time to poop or get off the pot, IMO
But you can use it NOW. You can't use STv2.0 , you can only continue to wait and hope that maybe this time it will become available. That's my point. And if anyone can use Excel, the longer this drags on, the longer someone else will do it and be first to market it, if it proves to be worth doing.
It is worth mentioning, IMO, that it is there to use...
How can you know Spooz, whenever it comes out, will be superior to someone else's software that may be developed? It seems to me getting to market first is very important. On an aside, does anyone know if 141 has been trading SWARM and if they have made anything ($) with it?
If E*Trade can come up with something based on Excel, why can't anybody do it? It seems to me this is a case of who gets to the market first?
I once drove to Apex and looked over the facility there. I saw a portable PLUS unit out in the parking lot and looked it over. I am a builder by trade, but in the days of yore, I operated nuclear powered propulsion systems, engine room equipment, etc. on submarines. I completed Naval Nuclear Power School, was awarded my Dolphins on my first patrol on a ballistic missile sub. The PLUS system is not that complex. It is a great idea and works very well, but it is not rocket science. There was and is a real need for this equipment. I dare say, I would love to have sold and installed these systems, as it would have been right up my alley. It is my opinion, and only my opinion, that the manufacture, sales and installation of the PLUS systems should have been a shoe-in. There is no reason on earth this should not have been a success. But it wasn't. I am of the opinion that greed for the quick buck did this in. If this company were to go private and were under new,honest, COMPETENT management, There is no reason it should not succeed. But under the status quo, I do not believe it has a snowball's chance.
Why have there never been profits?
Yes, I just made all that up.
He found a way... Capital Access and Safe Harbor, LLC
http://www.safety-scan.com/SSTI%20Press/12-21-04-HydroFlo%20Acquires%20Safety%20Scan%20Technology%20from%20UTEK%2
http://www.tmcnet.com/usubmit/2004/may/1039596.htm
http://www.martiinc.com/Marti%20Press%20Releases/08-04-04-HydroFlo%20aquires%20arsenic%20removal%20tech.pdf
http://sharesleuth.com/2006/10/utek_corp.html
It took me a few moments to dig this up. Anyone with free time could continue to connect the dots between Mast, Barbee, Free Harbor, and Capital Access. Indeed, if one were so inclined, one could trace the entire ARTI/ MARTI scheme to UTEK, a company scrutinized at length by the SEC for setting up suspicious stock deals with "technology" gleaned from universities.
http://sec.edgar-online.com/2003/09/19/0001108017-03-000664/Section19.asp
http://www.secinfo.com/d11Q1u.2D9.htm
At December 31, 2003, we had amounts payable of $198,100 due to Free Harbor LLC for management services. One of our directors is the managing partner of Free Harbor LLC. Expenses incurred under this arrangement totaled $13,800 for each of the quarters ended December 31, 2003 and 2002. As of June 30, 2003, $170,000 of the payable balance due was transferred to a non-interest bearing note payable with payments of $5,000 per month beginning October 1, 2004, and continuing until paid in full. Future management fees are not payable by us until we have reached profitability on a cash basis.
http://sec.edgar-online.com/2005/10/13/0001070876-05-000108/Section24.asp
MANAGEMENT AGREEMENT
This agreement is made this 1st day of July, 2001 by and between HydroFlo, Inc.,
a North Carolina, hereinafter known as "HydroFlo", and Free Harbor, LLC., a
North Carolina Limited Liability Corporation, herein after known as "FH".
NOW THEREFORE, in consideration for the mutual covenants and agreements
contained herein and for other good and valuable consideration, the receipt and
sufficiency of which hereby are acknowledged, the parties do mutually agree as
follows:
1. FH, upon the request of HydroFlo, does hereby agree to memorialize the
formally verbal agreement which assigns Dennis L. Mast, The managing
director of FH, hereinafter known as "Mast" as the Chief Executive
Officer (CEO) of HydroFlo, subject to all of the benefits and
conditions inherent to the position and the covenants contained herein.
2. Upon the appointment and acceptance of the position of CEO of HydroFlo,
and for service performed therein, FH shall be entitled to a monthly
management fee of Four Thousand Six Hundred Dollars ($4,600.00). This
monthly fee shall be subject to annual adjustment at the discretion of
the Board of Directors of HydroFlo, but not until after profitability
of HydroFlo is achieved. This management fee will be accrued on the
books of HydroFlo, but the actual payment of the accrual will not be
made to FH until such time as HydroFlo obtains profitability.
Profitability will be determined as positive profit being reached after
accounting for all expenses of the corporation, including depreciation
and amortization
3. In addition to the above mentioned FH shall be entitled to an annual
payment of ten percent (10%) of the pre-tax profits of HydroFlo after
accounting for all expenses of the corporation, including depreciation
and amortization. This payment shall be paid annually aproximately
ninety (90) days after HydroFlo fiscal year end.
4. HydroFlo agrees to hold FH and Mast harmless from any action brought
against either of them on behalf of HydroFlo, or the duties of CEO
performed on behalf of HydroFlo, and agrees to defend any actions,
provided that actions of FH and Mast are not intentionally and
maliciously performed against the interests of the company.
5
EX-10.4 Last Page of 2 TOC 1st Previous Next Bottom Just 2nd
5. Mast acknowledges that he has executed freely and knowingly, a
document, which prohibits disclosure and circumvention of any
proprietary information of HydroFlo, and further agrees that this Non
Disclosure/Non Circumvention Agreement is fully incorporated herein by
reference.
6. FH and Mast shall be entitled to the reimbursement of all costs and
expenses necessary for the performance of duties and work on behalf of
the company, and any other compensation as may be appropriate.
Entered into and agreed upon on the date first written above,
HydroFlo, Inc.
Hy dr oFlo, Inc.
BALANCE SHEETS
September 30, 2005
(Unaudited)
June 30, 2005
(Audited)
ASSETS
INVESTMENTS IN AND ADVANCES TO CONTROLLED COMPANIES
$
5,012,125
$
25,153,200
CURRENT ASSETS:
Cash and Cash equivalents
396,607
2,557
Note Receivable
50,000
50,000
Prepaid Expense
617
855
Property and Equipment, net
24,299
11,482
Deposits
4,490
4,455
TOTAL ASSETS
$
5,488,138
$
25,222,549
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable and accrued liabilities
$
90,641
$
27,251
Due to Free Harbor, LLC (related party)
2,102,330
2,102,329
Shareholder Loan
-
25,000
Total current liabilities
2,192,971
2,154,580
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Convertible preferred stock, $.001 par value, 5,000,000 shares authorized, no liquidation value, 3,800,000 and 4,000,000 shares issued and outstanding at September 30, 2005 and June 30, 2005 respectively
3,800
4,000
Common stock, $.01 par value, 500,000,000 shares authorized; 46,105,057 and 37,456,763 shares issued and outstanding, at September 30, 2005 and June 30, 2005 respectively.
461,051
374,568
Additional paid-in capital
5,493,416
4,478,557
Stock subscription receivable
(216,905 ) (235,000 )
Stock purchase warrants
147,834
147,834
Retained earnings / (deficit)
(2,594,029 )
18,298,010
Total stockholders’ equity
3,295,167
23,067,969
TOTAL
$
5,488,138
$
25,222,549
NET ASSET VALUE PER SHARE
$
0.07
$
0.62
Mast got caught mid stream in a stock fraud and was busted by the SEC. A lot of money has changed hands as all these millions and millions of shares have been printed and dumped. No offense, but money has gone into someone's pocket. But you are correct in saying there has been no reward for anyone, most especially those who bought all that paper. As for what has lined the pockets of these Perps, I hardly classify it as reward.
It's a sad state of affairs, to be sure. Many were duped over time, myself included, into believing this company was making an effort to expand legitimately. I spent many hours contacting engineers and plant managers where PLUS systems had been installed. The technology really is good. The systems were well received as far as I could tell. So it was easy to think positively about the company's intentions. Unfortunately, it seems running a paper mill is about all those intentions ever amounted to. Consider that at the peak of their stock run, they had the opportunity to take the ball and run with it. But instead they resorted to fraud and deceit in order to falsely inflate share price. The quick dollar meant more to them than growing a legitimate company and garnering happy shareholders. Needless to say, it has been a very long time since I have believed so much as a word that comes out of this outfit. The "Griffith/RMT" shenanigans is par for the course. All smoke and mirrors here.
What software?
Matthias, take my word for it, this is a scam.
What product?
IMO, XXIS was a pump and dump fund raiser like SPZI has been up to this point. But what do I know?
jc
I've seen that premise floated over and over. It is ridiculous. This is looking more and more like the children's story, "The King's New Clothes". There is on the one hand, a crowd looking at a naked king proclaiming how great his garment is. There is the occasional passer by who looks and chuckles. Meanwhile the invisible thread count gets bigger and bigger.
jc
Crooked MM's? They have nothing to do with this tanking.
Have a good trip TEX, smoke a fine hand made Dominican cigar for me!
Yes, and we should stop eating so much corn. It will all be gone some day...LOL. There are more trees in North America today than when the first settler arrived. Now if you want to talk about a disaster, what about all the computer junk being manufactured? What to do with all that when it is junk? You can harvest trees and replant them like any other renewable resource. Paper too can be recycled or composted. Read a little about the problem electronic component waste is creating. Just my humble opinion...
Management brought the price down by issuing new shares that were dumped into a rash of rosy press releases. That's the facts, like it or not. It's the same as the first highly anticipated "release" a couple years ago. When you have a period of higher than usual volume, rosy press and a plummeting share price, it is obvious to any clear thinker what is going on. Negative opinions did not move this price down any more than the last six plus months of predominantly rosy posts brought it up. I have said it before...this company has been long on talk and short on action. I have said it before and say it again. Bucket loads of babel on a chat board , while entertaining, do not tally up to a hill of beans. This company needs to take in money, and a lot of it if this beleaguered share structure is ever to recover. Where's the beef?
I agree with you about opinions. I am afraid that there is precious little fact or logic on either side of the debate. That being said, I think we should all take absolutely everything on these boards with a few grains of salt. There simply isn't enough in either camp to wad a shot gun. All we can do watch and wait.