SPOOZ Inc (SPZI)

[Kool Aid Man]

Imagine a ticker run by one guy who--

1) Owns NO SHARES aside from 100% of the "Preferred A" which has no value except that they give him control of 100% of the vote x 110 of a stock which...

2) already has 5.8 billion authorized shares that are essentially maxed out (only 19 million remaining to issue >>IF<< they haven't already because the transfer agent hasn't been allowed to update the O/S in a MONTH) and....

3) Is a guy in need of the ability to sell piles of shares in order to fund all his grandiose, multi-billion dollar fantasies (otherwise why go public?)

So what are his options?

A) Authorize BILLIONS more shares which, when issued and sold, will drastically dilute the already bloated O/S or (most likely)

B) Pull a massive REVERSE SPLIT which typically wipes out all old bagholders whom he has no loyalty to because they were fleeced and their money blown or stolen years ago. After all... why split his profits with them?

Reverse splits always include a token "reduction" in the A/S which, in fact, amounts to a massive increase (proportionally) in shares available to him. Example:

You wake up tomorrow and find a 1-for-100 R/S happened. Instead of 1 million shares x .008 ($8,000) you suddenly have 10,000 x .80 ($8.000). However, the A/S might be ''reduced'' to 1 billion-- a mere 17% ''reduction'' vs 100%. Problem is savvy investors know management will start selling those shares which will dilute all those previously held and recallibrated to .80 thereby creating a stampede to the exits. Once the pps hits .001 that's equal to the pre-R/S bottom of .0001.

I've seen multiple 1-for-50,000 R/S's. It really doesn't matter if you fall off a 100 foot cliff or a 50,000 foot one...the result is the same.