Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
My 3000 Shares were delivered overnight by USPS to the 141 office on April 1st. Why I only got what I did is still a mystery to me as well.
The shares were taken out from the Broker for the conversion in a certificate. The broker is not an involved party.
I am not sure why I got the amount of shares that I did.
I tried asking Manhattan Transfer and they gave me no answer.
I tried calling 141 and got the answering machine, again!
I thought I would share my experience with the board.
I suspect, due to the choices on my conversion, that I will
have more shares coming. I hope! What I don't understand is 141's math for my share conversion.
if Physicsman told the truth????
I do not lie!
I think I own 10% of the float!
I should really clarify that I was mad when I made the sore bum comment. I would have thought that a form detailing the transfer rate of shares would have been included when I received my shares.
I should also clarify that I do not know if these are all of the shares that I will get.
According to the terms,I requested:
1. b. □ Convert the number of Series C Preferred Shares requested and issue restricted Common Stock.
3. a. □ Hold the remaining Preferred Shares for my account.
I just thought that I would share my experience with IHUB.
Peace and Joy.
Just opened the mail an hour ago. I have tried to clarify my position with 141, however, they didn't provide me with the mathematical calculations they used to deliver my shares. Should I attribute it to new math??? Is this the same math that leads to such great monthly/ytd results!!
I had a measily $300 lotto ticket last fall. Unfortunately, that number was severely higher for SPZI. I had 3,000 shares of preferred XXIS. I sent the certificate for the conversion overnight. It was to be delivered on April 1st. Somehow, 141 decided to do the conversion for me and today I got my certificate from Manhattan Transfer....a measily, 108,000 shares. I thought I was to get $3000 worth of stock plus the premium. What I got was $86 worth of stock and a sore bum!
Do you know who we need to contact to find information
on the status of our stock conversion?
A New Baby fresh from God! Congrats!!
Does anyone know if scottrade is allowing buys on this security or spzi?
I think their investment strategy was not as aggressive as it could be, yet I am guessing the high teens; 18-19%.
Any chance SPOOZ Inc. was sold to Kaitrade? Just a thought...
I converted all of my shares. It is my opinion, all shares
not converted will have a substantially reduced value when/if a RS takes place next spring.
I do not disagree with you about the fundamentals of the company.
We disagree on the basis for the recent increase in share price.
Physics
IMHO, this is a fake run. Don't buy into the momo. You will get burned.
Physics
Did zippi zip out the door?
It's more than that...don't forget that TT is still on the table.
In the last few days, I collected another couple million shares.
My average is still much higher than I would care to admit.
Based on post #59377, I guess retail is on-hold.
"Darryl clearly stated in his conversation with me that retail is off the table for the near term. Bloomberg will be their main focus and will continue to be because they will springboard to other companies based on their service and support, not to mention performence of their product."
MC--> What are your thoughts on the announcement made late in the summer about dividends?
I do not agree with your statements about retail taking a back seat. I think that Paul wants to address retail sales in addition to the current activities. I also think we will hear some positive results from 141 in the near future...or should I say, soon?
By the way....it was me that picked up a mere 1M shares today.
Remember the days when the board would say...
"Just buy 1M shares and tuck them away for a year or two...."
"A million shares is all you need to pack away a great profit!"
("Those were the days"---> Archie Bunker)
Physics
They are not letting the 3's go today!
I hope SPOOZ has really been put to the test these last few weeks. I would like to see some green in my accounts. I am looking forward to 2010-2011. I believe the company will be in the pennies this time next year striving toward that almighty nickel shortly after. I believe Paul will deliver MORE than what is anticipated. The caravan has been rolling along. Hop on the bus, Gus.
Physics
"... or its existing Spooz management"
That's an interesting phrase. IMHO. EOM.
These are the steps to take according to Scottrade.
If you want to argue about it...scream till someone comes
to the rescue with exact words from the transfer agent.
When Scottrade turns control of the stock to the
transfer agent, then the physical certificates are held
by the transfer agent. To send stock back, Scottrade must get a
INCOMING DIRECT REGISTRATION SYSTEM REQUEST
form signed before they can add it to the books.
Physics
From the forms center on Scottrade:
Incoming Direct Registration System Request
-OR-
Outgoing Direct Registration System Request
Print the form
Complete the Direct Registration Request which corresponds to the action you wish to take
All account holders must sign the form
Mail the form to your local Scottrade office
Click here to find your local branch
A Direct Registration Request can be used to:
Request the transfer of shares to your Scottrade account from a transfer agent
-OR-
Request the transfer of shares from your Scottrade account to a transfer agent.
Ameriturd and other brokerage houses messed up on the day of the conversion of JPHC shares into PAIM..aka APOA (May 2006).
The restricted conversion was voluntary. You could sell your JPHC stock and buy after the APOA conversion. There was suppose to be a reverse split and the stock was suppose to be restricted. People who had restricted shares were able to sell onto the market..and did so freely which flooded the market. If you were a buyer of shares the day of and the day after conversion, you were able to purchase a very large amount of shares cheaply...a short squeeze developed and the stock exploded sharply in about 2 months (July 2006). I think some were able to pocket 200X their investment. Most brokerages properly converted the stock shares....ETrade did thier job, at least for me they did. The restricted shares are still sitting in my account valued at about $30. Two years ago, if I did not put the restriction on them, I could have sold my $3,200 investment for over $30,000 easily....more than likely could have played for $40,000
After that, I swore I would never restrict my stock from trading again.
Here I am, two years later....tendering shares
All I can say..JPHC/PAIM/PAVC, even after all of that mess,
I sent my paperwork to Scottrade today. I will convert all of
my shares. It's done and I've made my decision.
Scottrade---use this form.
OUTGOING DIRECT REGISTRATION SYSTEM REQUEST
You obtain this form by clicking on the forms center on your
scottrade homepage, then click view all forms.
At the bottom left under the heading: individual forms
you should click: Direct Registration System Request
OUTGOING DIRECT REGISTRATION SYSTEM REQUEST
(D.R.S. request Letter of Authorization for outgoing stock transfer)
I give Scottrade Inc. permission to electronically transfer the security listed below from my account at
Scottrade, Inc. to the transfer agent. I acknowledge that a separate account at the transfer agent may be set
up to receive this transfer.
....etc
You can either mail or fax this information to your local branch office.
I agree...some will pay for the convenience. Cash advance
centers are making incredible profits...people pay BIG!!!
I think the stock will probably increase in value significantly.
I just thought I'd pass along my 2 cents and say, the value
will increase without me being on board.
IMHO, this Company STINKS!
Zippi sounds great....EBay, Paypal,...$4M, $9M,...etc.
Did anyone read their business proposal???
.....AFTER Ebay takes their cut (don't forget those listing fees
as well as the final sales fee!),
65% of what remains goes to the owner selling the product,
20% goes to the person putting it on the web,
and 15% of the goes to the MLM program.
FURTHERMORE,
Paypal will also stick thier hands in it...remember, the seller pays the fees.
WORSE YET,
the zippy associate must also pay a monthly fee just to be in business.
BOTTOM LINE:
The net gain is minimal for the one who is trying to sell
their junk....I mean, sell their treasures.
EBay and Paypal are smiling all the way to the bank.
The MLM program is a sweet bonus for the elite few
starting this adventure.
Now for the investor wanting to make a buck....it may prove
to be profitable. This stock may go into the tens of dollars a
share. For all of you investing in it, I sincerely hope it does!
I do not like thier business model and I will not invest.
I just think that if someone is going to sell something,
most of that profit should go to them....truth be told, the
gain for the seller, based on the sales price, is probably at
best, 35-40%.....that's sad!
When will the news begin to flow?
Are there any known contracts right now?
This company is NOT a scam.
Buy Now
I think you mean BILLION!!! No need to sugar coat it!
When is Scottrade lifting the restriction??
My 3M share order went through so fast as I handed them the
money, I got a paper cut!
What does this really mean? Anyone know?
stated Paul D. Strickland Jr., CEO of Spooz Inc. “In the near future, we anticipate offering Spooz, Inc shareholders stock dividends in each of our subsidiary companies in order to increase the value of their shares.”
no matter what we say the company has lied to us!and there is nothing to offer...the funny thing is it coasted me about $3000 to buy each million share and now u can buy it for $200,people here are saying averge down and buy more,but iam not going to give my money to bunch of losers,i already lost alot,and i wont even buy it at .0001 because this is the pricw where it will land for good..jmho
...just so you know
...."alot" is actually two words...."a lot"
You may have lost money, but you've gained knowledge!
Is our restricted JPHC stock still restricted?
Get this....Etrade gave me a fee for lack of trading activity, and then sold my restricted stock to pay for the fees. They claim they can do that?
Has anyone ever heard of this???
Spooz is not at fault...A thief is a thief.
It's unfortunate that "trust and good faith" are neglected.
I think the delays are a mixture of an evolving business.
I also believe that the traders who are utilizing the software are providing feedback and recommendations that will enhance the experience...that could also extend timelines.
I don't like the share price or the dilution. However, I do
believe that this company has a viable product that will produce intense revenue streams.
I think Spooz Inc. baby knows how to crawl and they are just about to stand on thier own two feet. Yes, they will fall down, but they will get right back up again.
Physics
In the list we sent ITGuy, my question about the two yahoos
was right on the money. I've always felt they took something with them.....they stole the entire code....
Physics
Remember the high dollar restricted days? I remember thinking I would be able to sell out for $2-$3....that's when they took
me to the back room and ....well, you know.