SPOOZ Inc (SPZI)

[ITGuy]

Goat31, The number of outstanding shares

is not 200 million - it's about 1.1 billion right now. They have an authorized share count of about 1.5 billion - meaning they can raise the outstanding shares up (by selling them) to the authorized share count to get more working money for the company till revenues come in.

At this stage in their business, its the only way to really get money to keep the company going so most of us in the long are ok with the dilution.


Hope this helps,

ITGuy