SPOOZ Inc (SPZI)

[songbirdia]

Thanks for your story, jwm. In case anyone is interested, I first heard about SPZI on the Allstocks board. A couple of comments caught my attention - one was something like: "This is no ordinary pink stock", and the other was: "Look at the credentials of the management team and board of advisors".

I was looking for a startup company that I could feel confident with and after checking out the company, to the best of my knowledge at the time, Spooz sounded like a good investment. Started purchasing in March of '06 around the time of the first launch.

The pps dropped and things went awfully quiet for a time after that, but I continued to add shares as I could see no fundamental reason not to. Then in Oct of '06 there was a long steady decline from a penny down to 0.0015. At the time it was not fun to watch, but I was able to add more shares down there, again, because from all I had learned, the company seemed to be doing the right things and prospects looked good for the long term.

The recent run-up has made me thankful that I took the plunge and bought shares when the pps was low. And still, from all I have able to determine, the company still looks like a very good investment to me. I don't know what the future will bring, but I still feel comfortable with my investment and I am still holding.

I understand the risks here, and would urge all to do your own DD, and not invest based only on the recommendations of others - make your own decisions here, and don't put in more than you can afford to lose.