SPOOZ Inc (SPZI)

[alliecorp]

Simple...doesn't matter who you know...business is business.

So for a startup to get financing...without revenues, you're still looking at toxic financing or selling your soul because any financing company will want control of a huge chunk of shares in exchange for loan.

Now once revenues commence...that's changes things and gives management more say over the contractual agreement of a loan. Also, means that once revenues start Paul may not ever need a loan or could even buy back Spooz's undervalued shares.

Paul may have diluted to keep the company going but he's also maintained creative control and the direction the company will go in the future. Dilution was the better choice imo, under the circumstances.