SPOOZ Inc (SPZI)

[Kool Aid Man]

"If Spooz received $18,000,000 - it wasn't in the financials."

Exactly. On Feb 28th Park announced

CLEARWATER, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), >>receives $18,000,000<< from the city of Kokomo, IN and the state of Indiana to fund the Harmony Villas Project. Rocky H. Singh, as a newly added Director, will manage the Harmony Villas Project and will be adding an additional $5,000,000 by investment >>into<< JP 3E Holding Inc. for the project....

JP3E >>purchased<< the 23 acres of land for the project.....

JP3E plans to break ground in the first week of March 2024 and expects to offer 21 townhomes by June 2024

https://finance.yahoo.com/news/spzi-jp-3e-holdings-inc-153700130.html

Again...no INCOME of that $18 million... no EXPENSE related to the purchase of land...ALL OF WHICH SUPPOSEDLY HAPPENED IN Q1. So today Park reports the deal has been "restructured"

Supplemental Information -
Material Event 2

With respect to the previously announced Harmony Village Project (the Project) on February 28, 2024 in the city of Kokomo, IN, all parties related have agreed to a restructure of the previously executed and announced contract. The current agreement provides for JP 3E Holdings, Inc. an >>OPTION<< to own 100% of Faris Center, LLC upon stabilization. Any immediate funding anticipated to have been received, shall be administered through Faris Center, LLC, managed by Rocky H. Singh, being its principal. Such funding will occur upon Project completion based upon current assessments. The project is undergoing construction permitting and scheduled to start construction in 2nd quarter 2024.
https://www.otcmarkets.com/otcapi/company/financial-report/402832/content

Now what are the odds Park will ever be able to buy/ acquire this project? Hell, scroll up in that disclosure to "Material Event 1" wherein he states---" We have pivoted FROM conventional financing to creating an AI Powered trade finance platform So he just admitted he can't get conventional (bank) financing.

IMO it sounds to me like everything is owned and controlled by Dr. Singh. I have no idea what Park thinks he could contribute.