SPOOZ Inc (SPZI)

[cwoody]

Quiet periods like this are common in many small to medium sized public companies. I currently work for one that is NASDAQ listed and we see many quiet periods during times of significant financial developments. These can be both good or bad.

If Spooz is securing some significant investment and are working through how this investor will get an interest in the company via preferred stock or the like, until they ink the agreement and the lawyers sign off on the agreement, they will remain in a quiet period. Usually the quiet period will end with a large PR that details the significant development.

I have seen quiet periods for multiple reasons:
1) Product failures - where they need to restate a delivery date or recall a product.
2) Significant financial impact of a lawsuit or investment.
3) A large sales agreement with an individual customer which will represent a huge portion of the revenue of the company.
4) Mergers or acquisitions.

I am not concerned regarding Spooz. I have been hoplding this company for over a year and a half, and have been continually accumulating. If it takes a few more days or weeks or even a month to ink this deal out, as long as it is done in a manner which benefits Spooz and its investors, this is a good deal. I am not going to go into a selling panic because they dont release a PR in the next 20 minutes. This is a long term investment, not a flash in the pan to cash in on the next PR.

Do your DD and you will see a company that is planning for significant growth, but they aren't rushing it. They want to make sure this is sustainable and real.

cwoody