SPOOZ Inc (SPZI)

[Kool Aid Man]

285,200,000 SHARES HAVE BEEN ISSUED/ OUTSTANDING SINCE 12/31/2023.

Now...did they go to PARK? IF SO did he dump them during the recent run? Because he reports owning NO shares other than all 100 "super vote" Preferred A's. IMO a new Chairman/CEO owning nothing but sole voting power and with virtually no shares left to issue has every incentive to pull a massive REVERSE SPLIT because he has no shares that would be affected.

Every R/S I've seen is accompanied by a token "reduction" in the A/S. Example:

A 1-for-100 R/S would drop the current O/S from 5,780,910,503 to 57.81 million. So reducing the 5.8 billion A/S to, say, 3 billion sounds great, right? But in reality, the O/S was reduced by 99.9% whereas the A/S would only be reduced by 48%. In other words, that's like a massive increase in the number of shares available for management to issue and dilute with-- whether they use them to build business with or just enrich themselves. Regardless, this is one way management increases the number of shares available to dump while pretending to reduce them.