"During the remainder of 2004, the outstanding shares of the company increased significantly primarily due to anti-dilution provisions" yep - shares increased thanks to anti-dilution provisions
"In March 2006, as a result of an error in the anti-dilution formula provided to Spooz by its attorney, Spooz adopted a different formula" ...nice
"In December 2002, the investor converted the notes into 251,208 shares of Spooz common stock (currently 6,280,200 shares after applying Spooz’s anti-dilution provisions)." this is what you call anti-dilution :)
"Spooz is in default under a lease with Manilow Suites, Chicago, IL. It has entered into a payment arrangement with them."
"In April 2007, Spooz will launch SpoozToolz v.2.0 together with marketing and sales programs with target distribution channels in the United States and Canada."
"Spooz has adequate capital, or the ability to raise adequate capital through small Regulation D 504 placements to multiple identified sources, to sustain itself through Q1 2007. Spooz will require additional financing and is considering a number of alternatives including the filing of a Regulation A offering with the Securities and Exchange Commission before product launch."
"During the year ended December 31, 2006, 37,932,898 options were issued and 41,047,783 were exercised."
Judge a man by his questions rather than by his answers
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