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Just trying to warn off whatever few newbies who inquire about this letter and scam operation.
What happened to XXIS symbol? Suppose they needed to re-invigorate this scam.
My point is the purpose of this secret letter being passed out only on request is to make sure the contents of the letter can't be dissected publicly to warn off newbies. No other reason. After you are exposed publicly the only other way to operate is underground, so to speak.
Boy the recession must have hit Paul and co hard to keep squeezing this operation to its last drop.
Why isn't this magical letter being posted on this board publicly? Paul "Tip of the Iceberg" Strickland never had a problem speaking publicly in the past.
Is there a fear those who are familiar with this scam will expose the fraud before the newbies can invest?
So anyone care to give me an update on the share structure/massive dilution, revenues/over $100 yet?, global expansion/how are the Paris and London offices?, big bloomberg deal, that HUGE joint venture, the 141 scam spin off, new products ETC.
I guess the almost non existent pps does the talking. But I'm sure big things are around the corner and the pps will be back to a penny in no time. lol
Wow, this scam is still alive.
Truly amazing scenes.
"If they intend to buy back shares, keeping the price down until they have the revenue from the Bloomberg contract would be a no-brainer."
huh? Buyback shares? lol Its strange the way you talk like this is a real company which is thriving and lively. The pump and dump has bottomed out and for all intensive purposed the company no longer operates. The CEO hasn't uttered a word after his sequence of wild forecasts of great success (during the pump) and more importantly no action of any kind has taken place in years. Well besides madly diluting the stock and issuing fluff pr's which never came to fruition.
I mean how on earth can anyone take this company seriously at all when their pump, solely revolved around their "disruptive" Spooztoolz product, has still yet to see the light of day? The company even went to the lengths to make up an imaginary "neighborhood" launch to keep the scam going.
Seriously when was the last time Spooz said anything? Can those that incredibly still talk about this company normally provide any proof this company operates on a daily basis?
Anyways continuing to post will only help the scammers get a few more dollars from newbies to this board. Better to keep traffic low on this board.
Yes discussing another penny stock's red flags here.
Sorry it hurts you so much I speak the truth on your board you feel the need to chase me on another board to attempt to discredit my posts. Pathetic and disgusting at the same time.
You can't be serious. This scam has hit the bottom and barring a r/s this stock isn't moving anywhere.
If you want to see what will happen you'll be waiting awhile. CEO and his cohorts have left the building, literally.
Now I'm convinced this is a scam. Personal attack from nothing.
Nice.
ok say the product is real and will eventually hit stores (personally wouldn't even bet on this but for arguments sakes)
Question : What makes any of you believe this shoe is actually a good product?
Aside from a few reviews by random joes on youtube I can't find any solid feedback on the shoes. Surely 3-4 random users on youtube haven't sold you on the product.
Why is it assumed this shoe is actually a good product?
Those articles really don't discuss the shoe itself. The second "article" is nothing really but a advertising spot. The first piece is just an update on a small company with quotes from the CEO. There is no independent research or insight into the actual product.
I am curious though, in that first article it states the company rolled out its product to 100 stores. Its dated March 27 of this year. What 100 stores are Skins Footwear located in? And more importantly what type of sales have they had in these 100 stores?
Now the last paragraph states;
"Kline predicts 2008 revenues between $6 million and $10 million, and profitability during the first half of 2009"
Correct me if I'm wrong but Skins Footwear has not sold 6-10 million dollars worth of product this year. In fact they have next to no revenues this year at all. I don't understand how you project millions in revenues and accomplish nothing.
And looks like they are setting up for some nice dilution in the near future.
From the recent 8-K;
WORKING CAPITAL FINANCING:
I’d like to begin by discussing the working capital financing that recently took place. This round of financing was made up almost entirely of investors that have invested in previous financing rounds. We are grateful that they share our vision and continue to support our efforts while we move towards launching product into the marketplace for spring/summer 2009. While we are grateful to have the financing in place to get our product delivered for the Spring 2009 season, and we will become a revenue generating enterprise, we will still need additional financing to take us through the 2009 calendar year.
While we are eager to close a longer-term financing arrangement, current economic conditions have made this difficult. Right now, traditional investment is either temporarily on hold, or at best, extremely expensive. We will continue to raise capital as needed until an appropriate longer-term arrangement can be found. Shareholder dilution is always a concern, but in this environment, the reality is that financing is expensive. A greater concern than dilution would be not having any capital at all. In 2007 we were looking to raise approximately 6 Million dollars to take us through to sustainability. At the end of 2008, with our trade financing with Ashford in place, our restructured corporate expenses and with our technology finally market ready, we are hopeful that our capital needs to reach sustainability will be less than half of that amount.
Bash crew? What are you talking about?
You're telling me you're comfortable investing in a company who's stock has plummeted over 95% in just a couple years and most importantly has NO RELIABLE SOURCES backing their product or even confirming its a real product.
I find it rather insane anyone can be excited about this company and state "I feel this is a great company". What possibly makes this a great company?
How many actual shoes have they sold?
It seems like many have been screwed already on this stock and I don't see any signs suggesting it will be any different in the future.
I mean c'mon you people don't want to see one reputable source back this product before you buy up shares? I don't get it.
One random poster from Yahoo reviewing the product doesn't carry a lot of weight. Its more likely he/she was a pumper than a genuine customer.
I'd like to see reliable sources talking about Skins Footwear before I bought one share. The fact this hasn't already happened leads me to believe this is a sham.
Again I found only two reviews of the shoe from youtube from non-reputable sources. These "reviews" should not even be taken into account. Where are real sources commenting on this new breakthrough shoe? Are their any articles from fashion, shoe mediums discussing Skins Footwear? I've yet to find any.
I have no idea what you are saying in regards to the share price being 85 cents. Sknn once traded at three bucks. You're saying you like the stock today because the price is so much lower than it use to be? That type of thinking won't exactly take you to the promise land. When a stock drops so badly its more important to ask why then to listen to the company and believe everything is still fine.
I went to youtube and found very little there. There are only a couple of videos with Skins Footwear and none are from what I'd call a reputable source.
There is a odd 3 part review from a user with only 10 posted videos (no other video of his discusses shoes). And for whatever reason the user chose to include the stock symbol for Skins in his description. At the time of the posted video the stock was valued at just over a $1.50.
Then there are a few random videos discussing Skins Footwear posted by Mondomouth. The videos themselves offer next to nothing and once again this user has only 17 total posted videos (no other video discussing shoes). And the videos are posted in the same time frame of the above discussed 3 part review series.
And the only other videos I see are strange videos with kids jumping around with Skins shoes from the user tsearight. Under their description they state their purpose is;
To promote youth investing and giving by educating them about stock investing...
No idea what this is about and why they like Skins Footwear but they felt the need to post several videos related to Skins. Note I've seen this tsearight name elsewhere on the web commenting on how great Skins Footwear is on some random blogs. Again just don't know why some random guy is in love with a shoe nobody knows about and feels the need to tell everyone about it.
So at this moment I don't think its safe to assume they have a tangible product.
Careful with this one tradernation, it seems to have a horrible history.
Poster Chris describes a little about the company. Also you'll notice the blatant pump chosen as Best Answer.
http://answers.yahoo.com/question/index?qid=20070505113514AAaNb5N
Tough to find any real reviews on the shoe itself. Doesn't look good. Share price has tumbled badly, appears to be a classic pump and dump.
Can you direct me to where I have told "wild conspiracy stories"?
thanks.
"It's a good move for all involved especially based on the extent of sabotage by Groves and Eli Kauderer"
Can you point me to where this sabotage by Groves and Eli Kauderer is proven.
Its easy to make up foolishness without proof. So far the only one who has put the blame on Eli Kauderer is you. And the Groves and He debacle was only spewed by the scandalous company themselves.
Again no real sources back any of these wild conspiracy stories uttered on this board.
"If Spooz were a failed company, you would not have seen Kaitrade materialize from nowhere to carry the ball for Spooz. "
Yes Kaitrade (a recently formed company by a former Spooz employee) validates Spooz. Nothing fishy about that.
And how is the spin off scam 141 capital doing these days? Hows SWARM doing? Still in limbo due to legal issues? lol See its "trading" at .0001.
You call Spooz's current state as "laying low"? lol
And I see nothing came of the Groves and He theft debacle. Quietly disappearing into the night because as we all know it was just a diversion to hook a few more suckers into this scam. So I don't know how you constantly write like fact Groves and He attempted to steal Spooz software. Where is the proof of that?
Yes now its Kauderer Group who's the reason Spooz is failing. No Spooz didn't play any part in the BILLIONS of diluted shares floating around in space. And I don't understand why the 180 degree switch on the Kauderer Group. Before you stated Spooz's contract had simply expired with the Kauderer Group and everything was fine. Now you are attacking Kauderer Group.
And how about the bear raids? Has Spooz finished that investigation? What were the results? Again, haven't heard an update from the company. lol
I'm seeing no bid today, that is strange for a company with a deal with Bloomberg on the horizon. lol
Interesting how that works, isn't it?
Its like Paul (or somebody in contact with him) was reading the board...
"At this stage, ST is for serious professional groups only so only the sincere need apply. "
Yeah the company (when it was talking, now only silence) also used that one. They even coaxed up an imaginary launch of Spooztoolz to institutional traders in a neighborhood launch almost a year ago. Strangely enough no updates to this launch have been reported. And of course no names of who it was given to. And finally, most importantly, none of that predicted institutional money ever appeared. No at last count still $62 dollars (accounted for by a poster on this board) in revenues.
But yes I still should believe the serious professional groups (whatever that means) are using this behind the scenes (of course because everything positive to do with Spooz is always behind the scenes, oddly it never gets revealed though...) for free. lol
Can you clear the air again on where Spooztoolz is? Its only years late and several botched launches down the road. Why isn't it making a penny? Why isn't the CEO speaking? When is it due to launch? What is the cause of the incredible delay?
But I do agree, the air has been cleared here...
I don't see Spooztoolz available at that website. I see another website created trying to act like Spooztoolz is a real product. Of course all they offer is a small demo (which has been "showcased" for ages). Don't see where I can get it, do you?
And you really expect anyone to believe they have a deal (one thats purpose is to make money) with Bloomberg? Since the mention of that nonsense the stock's pps and volume has had ZERO reaction. Jeez must be a lot of idiots missing out on this "gem" here. Yeah that must be it. lol
With no release of their main product its more appropriate to discuss SPZI as a blatant scam rather then a failed business. By Spooztoolz not seeing the light of day it proves this was nothing more then a pump and dump.
They pumped up an imaginary product. That isn't covered under failed business.
This is truly incredible, so now its Eli Kauderer's fault for Spooz's current state? lol
First it was bear raids (even funnier stuff), then the former employees were the scapegoat and now its the Kauderer Group who's responsible. Who's next?
Seriously where on earth is SPOOZTOOLZ??? How can anything else be discussed when their so-called disruptive software, SPOOZTOOLZ, is still MIA.
After all this time. After a fake "neighborhood" launch. After no updates to the fake launch. After all the botched public launch dates. After no sales from the fake launch.
Hmm...maybe Spooztoolz, as described by the company as a disruptive property, doesn't exist. Why yes, that would explain all the red flags combined with NO SALES, NO LAUNCH, and NO TESTIMONIALS.
Say how's that lone sold edition of SpoozChartz you bought doing?
And any more predictions in accordance to the Spooz chart nowadays? Didn't you have a method you used? What does it mean when there is no volume, a .0001 bid and billions of diluted shares floating around?
Damn shame it doesn't have a clean record with its investors though. Lie after lie, delay after delay. Massive dilution, 95%+ drop in share price, no evidence of possessing anything of value, no deals, comical PR's touting global expansion, CEO who remains deathly silent, no sales etc, etc.
All this from a company who screamed they had disruptive software years ago and projected millions of sales and set numerous launch dates for their disruptive Spooztoolz software (which to this date is completely unverifiable). Boldly misled investors into believing big deals were on the horizon. Instead the only event on the horizon were silent periods while Paul and his scam artists cohorts collected their dirty money from gullible investors.
I just hope they remember what goes around, comes around. Important to understand universal laws.
And now can you rectify the other million red flags with Spooz? LOL
This game here ended a long time ago.
lol, unreal this disgraceful scam still lives.
Say I've haven't checked up on this disgusting operation recently. What progress has been made? I see the pps and volume reflect the dead scam situation but I love hearing the Spooz stories.
So has Spooztoolz seen the light of day yet? Any actual reviews or testimonials from real sources? Has another imaginary launch date been set yet or no?
Forgot to mention the mythical neighborhood launch way back at the start of this year. It can't be no update has been provided to that historic launch to "institutional traders" in almost a full year now. That would be ridiculous. So what is the latest?
How are the actual numbers doing? You know sales/revenues and any kind of deals. Still at $62 dollars from IW's purchase of SpoozChartz or has there been another sale? At this point, according to the projections provided by Spooz, this company was to be rolling in multiple millions. Quite a gap between the projections and reality.
And what about the software they did release (in PR form of course)? You know Algoserver, Spoozchart, Dashboard Stratego etc. Must have at least a few thousand in sales from those products by now.
How is the HUGE, as described on this board, joint venture with SFB Nothing (and their 5 employees) going? What happened to the partnership with the Kauderer Group? lol
Any news (aka bold lies to pump the stock) from the CEO Paul "I care about small investors" Strickland? Any monumental news ahead? That iceberg still floating about?
I guess good news is still unbelievably right around the good 'ole corner. ABSOLUTELY INCREDIBLE stuff here.
"Or is it possible that there was bad blood with that agreement? Is it possible, that the Kauderer group screwed up everything they touched one thing after the other, because they operated like amateurs, pissed off everyone, and flooded the market with the shares they accepted as payment out of spite?"
You always assume the best with Spooz Scammers INC. I don't see how they've earned that.
Yeah its more probable Kauderer Group was the side in the wrong and not Spooz. lol Those amateurs at Kauderer Group appear to be doing quite well. Last I checked they were purchasing 84 acres to build a biodiesel facility in Ohio. So why on earth would they have purposely wasted time with a nothing company like Spooz? Just to screw them? Makes sense.
Blame always falls on others and not Spooz around here. hmm...
And I don't know who Lee Clifford is. Please enlighten me.
Of course that excerpt is familiar, I wrote it awhile back when I first started posting on this board. I don't see what the point of reposting it is though. In fact if anything it goes to show what a sad, disgusting scam this is. To this day there is still no tangible evidence a disruptive Spooztoolz exists.
Say what happened to the HUGE (as repeatedly described on this board) joint venture with SFB Nothing INC? Or how about the fiasco with the Kauderer Group? Hmm...just disappeared didn't they?
Where are the revenues that were projected be in the multi millions at this point? How could it possibly go so wrong where the company thus far has made next to nothing. Project millions and end up making a hundred bucks? I wonder what happened for the wildly inaccurate projections? How about the over 4 BILLION shares diluted in the past couple years?
Didn't really make sense for a company holding something they claim is disruptive to dilute the share structure beyond recognition. And seriously where is Spooztoolz? Spooztoolz was supposed to be the big moneymaker. I've been shocked with the lack of concern on this board over the months/years to its ongoing status. It always appears to get forgotten with the latest distraction offered up by the company (which always just conveniently fades away).
Remember what goes around, comes around. Universal law.
Hey just checking up on this disgusting scam.
Say how are the sales going for Dashboard Stratego, Spoozchartz, Algowhatever and the other nothing products they released with PR's? Last check I saw was $62 in revenues, I assume they crossed the magical 100 dollar plateau but have they reached the $1000 level yet? lol
Of course I can't forget about asking about the mythical, disruptive, permanently delayed, yet to see the public light, Spooztoolz! Hows that bad boy doing? Any updates to the mysterious neighborhood launch waaaay back in Jan/Feb?
What about the global expansion humor they Pr'd a few months back. Have they bought some cubicles in Europe?
And finally what about the great honorable CEO Paul "I care about small investors" Strickland? Any more blatant lies or misleading statements as of late? Or still just the silent treatment?
As its been said here, Spooz is working hard and long days after all! LOL
Truly sad and disgusting stuff here.
Do you think Groves and He settled yet?
The case was a joke to divert attention from the company. The fact this never went to court and no serious action took place tells the story. Quietly settled out of court between the two parties, like nothing ever happened. LOL
What's your take on why Spooz hasn't increased the A/S in such a long time?
They've diluted over 4 billion shares in less then two years. Are you trying to tell me its some sort of accomplishment they haven't diluted in the past couple months? That makes it all better? Unreal. Not to mention the PPS drop of over 99% over the past year.
Are you still looking for SpoozToolz?
Unfortunately its blatantly obvious the Spooztoolz, as described by the company as disruptive, doesn't exist. Thus the endless delays and all the other desperate measures taken to make sure the product doesn't see the light of day.
Just remember what goes around, comes around.
Oh yeah forgot about the nonsense diversion lawsuit against the former employees. How is that doing? Those "scumbags" behind bars yet? LOL Guessing that little saga is still in limbo. Company just dragging it out as long as possible I suppose.
So how is the company doing? Is Spooztoolz still unverifiable and yet to see the public light? They have got to have updated the progress of the mysterious launch from Jan/Feb by now. Are the names of the institutions they gave it to available now? Have they gotten all that money they predicted?
This operation is truly sickening.
So hows this disgusting scam doing? Been gone for awhile, see the PPS is doing well. lol Don't even want to know what the share structure is like.
What is the update on the mythical Spooztoolz? When is its release date? How is the mysterious neighborhood launch from all the way back in Jan/Feb doing? I assume there are some real world testimonials on this disruptive gem by now.
Any big new deals? Perhaps a HUGE joint venture? LOL
How are the sales doing? Over the $100 plateau yet? According to the projections made just a year or two ago the company should a multi million dollar company by now.
And what about the great honorable CEO, Paul? Any bold misleading statements lately? How's the global expansion going?
Just so wrong. Well what goes around, comes around. Universal law.
"#1. Does anyone here have and use the Spooz software, and can you comment on the product? What is the pro/con of the product?"
Thats the problem. Their so called disruptive software Spooztoolz is still unverifiable to this day and remains hidden away from the public. Search for Spooztoolz and you'll find zero testimonials. It has been scheduled to launch numerous times only resulting in convenient delays. There never has been real explanations as to why it hasn't launched.
The software strangely hasn't yet raised a dollar for the company (revenues to this day total somewhere around 100 bucks despite their projections of multi millions at this point). Not to mention the share structure has been diluted beyond recognition (over 4.5 billion shares added in the past 18-22 months).
"#2. By reading the posts it seems that there is an issue over credibility of the company over the pps, o/s, and present listing on the pink sheets. Would the credibility gap improve if any of the above were corrected?"
The company has zero credibility.
Last summer they mislead (it would appear now purposely) investors when they boldly predicted "monumental news" was upcoming only to slip into a several month long silent period (was accepted with the belief something big was in the works) which produced absolutely nothing with no explanation.
Of course that is only the "tip of the iceberg" with this company as they really never deliver on anything they talk up. Just check out any of their previous PR's and see if those plans came to be.
"#3. If credibility were improved which satisfied the bashers, would sales improve?"
There are next to no sales. Again to this date the company has no more then a hundred bucks or so in revenues. This despite possessing disruptive technology. Odd isn't it?
Check the history of this stock and then get back to me.
There were a bunch of excited people last year when this stock traded near and then over a penny.
Didn't turn out well for investors there. Company had a bunch of suspicious actions leading to the 95% drop.
But invest how you see fit.
Wow this "HUGE" news gets released and yet the PPS inexplicably drops from a ridiculously low .0005 to even lower depths.
Wonder whats wrong here? I mean you'd think SPZI would be a bargain at this microscopic price and the PPS would thus be surging at this point.
Hmm...maybe the deal doesn't mean a whole lot when it comes down to the bottom line of actually making money. Yeah that would make sense.
Of course the company knew a PR with the name Bloomberg would be able to squeeze a few more bucks for their operation.