SPOOZ Inc (SPZI)

[shotsky]

I think Park's statement about the 18% margin was 'loose lips', and people in this chat room jumped on it like chickens after worms. I knew immediately that an 18% profit margin was out of the question, since competitors could come in at half that and still be profitable. I still hold that net profit will be in the 1-2% range.
We will simply have to wait and see from filings what the actual net profit is. And that will be different for each business segment. Anything else is blue sky guesses.
I'll be 80 next week. Two old coots!
(Loose lips because he had no idea that people would jump all over the statement and immediately assume it was net profit.) Park is not yet wise in the ways of penny stock boards, but I bet he will be a bit more circumspect as a result of this 'slip'.