Peeved,the answers to your questions were all laid out in the release:
1. Spooz shareholders benefit by licensing revenues and by the stake that Spooz holds in 141. If 141 generates revenues by trading managed accounts, those revenues will translate into profits and a higher share price for 141. Spooz shares in 141 are a fixed asset and will increase Spooz' bottom line and share price. I believe we (Spooz holders) will see a better rate of return with this set up because 141 will receive an infusion of trading funds from accredited investors and will have the capital for high end trading that Spooz itself simply does not have at this time. In order to have traded in house Spooz would have to raise a lot of money first which will likely have translated into equity capital ( selling more Spooz stock). So I believe that we will see more benefit faster this way than we would have otherwise.
2.Our stake in 141 does show up as a Spooz asset. As Paul said in the PR, this is risk mitigation. We have a separate entity that has the ability to create a lot of value for our stock , but if the returns are not all that great it will not detract from our Spooz value. Also, consider that while 141 is licensed to trade SWARM for futures and options, Spooz can license SWARM to other companies for othe forms of trading. So we still stand to see even more benefit from SWARM. Spooz is not giving anything up here, we still own SWARM. And what is to say that Spooz can not eventually open a managed account with 141?
3.The need for the quiet period was incumbent upon Spooz because those whom Spooz entered into negotiations with requested it and Spooz council advised it. What sensitive knowledge passed between the parties? Only they know. But there would have been no negotiations without the quiet period. Remember that the people across the table had their own interests in mind, not ours.
4.Spooz WILL get money through the licensing agreement and through it's position in 141. And Spooz , the original Spooz before SWARM, is now free to pursue the original vision of SpoozToolz. The PR also made clear that Spooz desired to be undivided in that cause. So we now have a stake in a potentially lucrative source for Spooz and Spooz is unencumbered in the operation of that entity and free to press on with STv2. It is my hope that Spooz, TT, and many other big industry names will come to some licensing or fee sharing arrangements. I think people will be shocked at how big that could be for us.
jc
AI
