InvestorsHub Logo
Followers 2
Posts 126
Boards Moderated 0
Alias Born 06/19/2006

Re: wing_walker post# 27010

Wednesday, 09/12/2007 7:27:42 AM

Wednesday, September 12, 2007 7:27:42 AM

Post# of 89909
Wing, maybe I am not following, but is 141 an LLC owned by the principals of Spooz, or is it a division of Spooz? In the statement in Milo's note, it looks like it could be considered as owned by the prinicpals, which would leave the investors out of any potential gains since those gains wouldn't be considered property of Spooz. The only item that would be gained by Spooz would be the revenue generated by the sale of SWARM to 141.

OK, maybe that is a bit pesimistic, but I haven't seen anything which yet says 141 is a wholly owned subsidiary yet. When I see the following: "141 Futures, LLC is a dormant registered Commodity Trading Advisor (CTA) in which I, and other Spooz insiders, have an equity interest.", this leads me to believe that this isn't a part of Spooz.

cwoody