SPOOZ Inc (SPZI)

[Wildman-j]

I need some education...

I've been reading the posts back for the last couple of weeks and I can't find the answer I'm looking for to this question: why would officers of Spooz exercise their options? It just doesn't make sense to me. I don't see any advantage to them doing this as the shares are locked up for 2 years. I mean - there is no advantage them them owning shares as opposed to options... at least I'm not aware of any. If there were a take-over or a bid to purchase, all options & warrants have to be honored. I guess the only potential idea someone has thrown out is that they are exercising options now so that they'll be able to sell them on the open market after the lock-up period. I guess this is possible - but my thoughts say that's not quite the reason.

Now - for those of you who follow my posts you'll know that I am a loyal SPZI shareholder with a sizeable stake at hand (3.2M shares) - and that I would not use this forum to bash the comapny.

However - have any of you thought that one reason the officers of the company would choose to exercise their options is to provide cash flow to the company itself? It's just an idea, but it's the only logical one... at least in my opinion.

Happy Holidays to all the SPZI shareholders - and may 2007 bring us all a prosperous new year!