SPOOZ Inc (SPZI)

[surfkast]

Maybe Park can claim his Korean Fast food place is worth $100's of millions just like another Jerseyite did with Your Hometown Deli in Paulsboro, N.J

Feds could be watching this one. Lots of tips were sent in.

SEC Charges Father-Son Duo and Associate in Market Manipulation Schemes Resulting in a New Jersey Deli with a $100 Million Valuation
FOR IMMEDIATE RELEASE
2022-172

Washington D.C., Sept. 26, 2022 —
The Securities and Exchange Commission today charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli producing less than $40,000 in annual revenue, from approximately $1 per share in October 2019 to nearly $14 per share by April 2021, leading to a grossly inflated market capitalization of $100 million.

The SEC’s investigation, which is ongoing, is being conducted by Cecilia B. Connor of the Philadelphia Regional Office with assistance from Leigh Barrett from the Office of Investigative and Market Analytics. It is being supervised by Assunta Vivolo and Mr. Thompson. The SEC’s litigation will be handled by John V. Donnelly and supervised by Gregory R. Bockin. The SEC appreciates the assistance of the Federal Bureau of Investigation, the U.S. Attorney’s Office for the District of New Jersey, and the Financial Industry Regulatory Authority.