Wednesday, September 26, 2007 12:12:36 PM
Per license?
"CHICAGO--(BUSINESS WIRE)--Spooz, Inc. (OTC: SPZI - News), announced today that it has sold to 141 Capital, Inc., by an assignment of an existing license held by 141 Futures, LLC, the exclusive license to trade its Statistically Weighted Arbitrage Recognition Model (SWARM) in the futures and derivatives markets for $1.5 million plus other consideration."
You don't seem to have noticed the word exclusive. To me it means that there will be more licences. To me the terms seem a joke - peanuts. It gives the impression that the pessimists yesterday were right. One and a half million is a fraction of the CURRENT market cap of SPZI. 7% of net profits means that SPZI will have a very small part of net profits even if it will own a small part of 141 Capital. 70% of net profits would have seemed more fair to me.
"CHICAGO--(BUSINESS WIRE)--Spooz, Inc. (OTC: SPZI - News), announced today that it has sold to 141 Capital, Inc., by an assignment of an existing license held by 141 Futures, LLC, the exclusive license to trade its Statistically Weighted Arbitrage Recognition Model (SWARM) in the futures and derivatives markets for $1.5 million plus other consideration."
You don't seem to have noticed the word exclusive. To me it means that there will be more licences. To me the terms seem a joke - peanuts. It gives the impression that the pessimists yesterday were right. One and a half million is a fraction of the CURRENT market cap of SPZI. 7% of net profits means that SPZI will have a very small part of net profits even if it will own a small part of 141 Capital. 70% of net profits would have seemed more fair to me.
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