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printmail your stuff doesnt even look interesting, seems out of date, who really knows.
Spooz, Inc. Retains Firm for Preliminary Compilation; Plans Regarding Audit, Fully Reporting Status and Listing of SPZI Stock
CHICAGO, Jul 11, 2006 (BUSINESS WIRE) -- Spooz, Inc. (Pink Sheets:SPZI) announced today that recent activities, including the terms of its most recent financing agreement and increased interest in the Company's trading software SpoozToolz, have compelled the Company to implement the necessary actions to become a fully reporting company. Spooz has retained The Adler Group, LLC of Chicago to perform a preliminary compilation of its books; a certified audit will immediately follow.
While the plan is for Spooz, Inc. to regularly report its financials to the SEC to be filed in the EDGAR system, the Company is currently exploring a number of options regarding the listing of its stock, post-audit. These include the OTCQX, AIM and the possibility of listing SPZI stock on a regional stock exchange.
"We are continually witnessing a trend of companies down-listing to the Pink Sheets from the OTC BB due to costs associated with Sarbanes-Oxley compliance. We believe this trend is justified," commented Paul Strickland, CEO of Spooz. "It is a possibility that we will remain a fully reporting Pink Sheet company until we make a listing decision. Listing is a critical for Spooz in particular, considering the global prospects for the company. Our goal is to create maximum shareholder value for each dollar spent, and with increasing exchange consolidation on the horizon, Spooz has ever increasing options to accomplish that goal."
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.
About Spooz, Inc.
Spooz, Inc., a publicly traded company based in Chicago, provides a suite of solutions designed to simplify financial trading for traders and hedgers alike. SpoozToolz(TM) and its modules, the Company's flagship products, add built-in trading capabilities to the popular Microsoft(R) Excel software application, combining a customizable interface, streaming quotes, charts, technical analysis, a comprehensive historical database, and electronic trade execution into a simple add-in that becomes part of the Excel tool bar.
SOURCE: Spooz, Inc.
One thing I would agree with is placing online trading restrictions on companies that are repeat reverse split offenders like RVEM, or who are pumping out S8 after REGDEX to keep alive a failed business plan.
I think what is happening is the MM's will buy the shares for .00001 and sell for .0001 or something like that. They are going to show no-bid on L2 pretty soon after only about 3 weeks since their last r/s. These are supposedly God fearing people - they should try cracking open a bible sometime and look up the 8th commandment.
.012/2 x .013/2 then .0135/1
IMO the company may be diluting, with the MM's being given a daily quota of shares to sell - problem is they need some news to dump more shares into.
In Rufus' freezer.
Jersey, did you move your buy to .019 ?
Somewhat half joking, but I guess the lack of financials is what makes it so cheap. Flippers don't care about financials, but true investors want to know, good or bad they are more likely to stick with it, given the potential.
They're all going 'Wow this looks really neat, but without the financials I might as well try QBID. They dont have financials either, and I can buy a lot more for my money.'
IMO he is nothing more than a hobbyist, doing what he does for his own amusement. Nothing else.
nasdaq.com has CSHC as Cash Can, Inc.
The stock traded as recently as May 2006.
I think people are mistaking CSHC for the future ticker and it is only the acronym for the renamed company as found on their updated website. We don't know what the new ticker is yet.
This company has a lot of things going on and they do release a lot of news. I wouldn't expect things to stay quiet for too long, as they are motivated in a higher s/p and generating cash flow, etc.
He should go find rivet-cornholio from his INSQ days and duke it out with him.
Really you can't put an ad in Barrons to increase investor awareness then not have financials to base an intelligent
decision on whether or not to buy the damn stock. I have to believe the financials are coming.
Could be fairly substantial but you would have to think that the acquisition could probably not have been done without some kind of audit done on both companies. I bet the audits are in some state of completion now. If the numbers are bad I can see why they would not want to report them.
Any updates on audit ?
Not the company but the CD holders -
It gives me a vision of a future where a large segment of the population is making a livlihood flipping stocks, as opposed to a service economy where everyone is delivering pizzas to each other. Now if a Spooz interface can give me split second execution times on my OTCBB and Pink Sheet orders then I'm listening . . .
Maybe it will force PA to come up for air.
Probably cost more in dumped shares - audited public financials is the best PR - or not ?
But, but, 'its the oil' - no ???
So you expect the s/p to be at a place where you can add, for weeks to come ? The overhang of shares at the ask seems to be growing with the price dropping . . . I cant help but think if the company isn't selling shares, then someone who received shares for services is.
Why do you try to post a doctored link that doesn't work ?
Try this.
http://www.pinksheets.com/quote/news.jsp?symbol=fhal
Nelson you are correct. That is current short interest.
When the daytraders hit a PPS stone wall at .019 they said 'well I guess thats it' and sold off at the bid for anything they could get, even at a loss it doesn't matter. Just want to get out. More uncertainty, maybe not even financials now, more waiting. I can wait, but I think a few people were waiting for something, anything to sell out.
And thats fine JLT, the company already stated they will audit and report financials. That is good enough for now. I fully expect the financials to be filed relatively soon. That should be a reasonable thing to expect at this point.
Smooth steady climb like the one we had from about June 13-22 is better IMO - no spikes, no down days, no pump-n-dump traders - just a nice climb into the 10Q in a couple weeks then BOOM.
It was just for fun - he got an ASCII art trophy but RB crushed it lol. Someday they are going to get revoked, or at least thats how it should happen.
There was a weekly 'no bid watch report' amd reverse split date guessing contest on the old RB RVMO board. The winner of the contest was something less than a week off on a guess made over 3 months ago. The new issue RVME lost 85% of its value on its first day. Those guys are legally but criminally abusing the system. The SEC should shut them down.
Unfortunately only way Spooz has been able to generate volume is through short term traders who have as much loyalty as a cat. Buy and hold investors do not generate trading volume, nor invest in pink sheet stocks, generally.
Maybe phone and postcard campaign is just an attempt to get a pulse of the investing community ? Who knows. Could be they are still not ready -
The best thing to have right now is the financials, and PR PR PR to as wide an audience as possible. What is wrong with filing an 8K Current Report with the SEC ? Its not that expensive to file, has a wide audience, and has credibility, and could be seen as an attempt to reach beyond the pump-n-dump crowd. I bet that would serve as a pretty effective wake up call. Maybe they are working on something like this already but c'mon lets step it up.
So nobody want to be on our Spooz ship, adrift on the Pink Sea ?? :(
Nice calling the shot ctb, why does lovethatgreen drive by and drop off a wisecrack with no elaboration.
You expect anybody to wade through that ? We are trading ETLC stock, I don't know what channel you're watching.
Update -
http://www.bankruptcylawblog.com/other-nationally-significant-cases-world-health-alternatives-uphold....
Question - were the common shareholders considered part of the unsecured creditors ? There was a small burst of buying (not by me) on the same date this article appeared.
Worst CC I can think of - no confidence in these guys, I sold out and won't be back. GLTA.
Why doesn't this surprise me ?
PQL - I think you will trying to get your group to buy into this hand over fist. LOL to need to respond . . .