SPOOZ Inc (SPZI)

[Mr Smith 34]

While we are on the subject, exactly what is going on between the companies? I am having trouble ascertaining exactly what is happening here. I have seen press releases for mergers, acquisitions and a name change. which one, or combination, is it?
Spooz Acquired Key JP Energy Assets Dec 20, 2023
Spooz, Inc. will be renamed - JP 3E Holdings, Inc. as the parent company/new public entity. Dec 20, 2023
JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI) Jan 5 2024
Why file for a name change if SPZI is being acquired by JP 3e Holdings, Inc? The assets and liabilities of SPZI still exist somewhere on some one's books. If Microsoft suddenly changed its name to Bill Gates' Cash Cow, would your stock be worth less? Would Windows suddenly go away? Would the newly named company be free of any reporting requirements just because they have a different name? As I've mentioned many times before, the company does not do a very good job of updating shareholders. The investor relations person has failed to deliver the promised transparency and integrity. It is OK to own stock and ask questions from management, as a matter of fact, I think it should be mandatory.