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Re: WhiteSahara post# 26571

Thursday, 09/06/2007 12:31:55 PM

Thursday, September 06, 2007 12:31:55 PM

Post# of 87220
...A fair response to Whazoo... I too believe the pinks is an alternative to SarbOx that is a cost efficient means of accessing start up capital. I believe in private sector over public sector to every extent possible. The cost of bureaucratic regulation is a very great burden that simply can't be born by a small start up with no current means of revenue other than equity financing. So where does the responsibility of oversight belong in this pink arena? Squarely on the individual investor, IMO. Let everyone assess the risks and potential rewards and decide for him/her self. Personally, as far as Spooz is concerned, I am impressed on two counts. One; they have not deviated from what they set out to do from the very beginning. Even though the first attempted release of STv1 failed, they have continued to drive at accomplishing what they set out to do. This is a far cry from what we have all seen a thousand times over...the pink that fails at selling widgets, so morphs into soda pop sales, that fails, so on to hair growing cream, on and on and on. Two; in my experience when assessing a pink, you need to look little farther that at the person in charge. Look for character and integrity. Look for someone who sticks to his/ her vision and , win or lose, gives it everything they have.
I have followed Spooz from the first attempted release and am in now for the reasons stated above. Sink or swim, my money is on Paul.

jc