SPOOZ Inc (SPZI)

[Mr Smith 34]

Xman, I wished I had an answer to your question, but I don't know the outcome of the contract or if there were consequences or penalties for non-performance.
IMO, that contract was poorly written with vague and ambiguous language. There are many spelling and grammar errors.
I would hope it was not transferred into the new company. Hopefully any new contracts are much cleaner and have been reviewed and approved by an attorney. This is a major frustration with management, why not release the contracts? if not the actual documents, at least document details.
Also, I have never seen any announcement for purchase contracts. If Spzi sells sugar, they need to have a contract to buy sugar, unless of course they keep 100's of tons of sugar at the office. You don't get 600 metric tons of sugar at Trader Joes.