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Wednesday, September 26, 2007 12:26:51 PM
"This is not good news at all, it is very bad news. SPZI gives away a very valuable asset for a pittance. "
Stop bashing. They didn't sell SWARM, they licensed it and from what we have read on this board, they only licensed it exclusively as to one section of the market. Furthermore, a license has a beginning and an end date. We don't even know how long this license lasts.
1.5 mil cash
120 million shares
7% revenues
it's a huge deal. if SWARM produces the amazing results we believe it will produce, SPOOZ can renew the license for more money or not renew the exclusive license and thereafter market and sell SWARM to as many buyers as they like.
it's the first SWARM deal... and it gives them the chance to make the rest of the people that want to use it, salivate.
if you're short, then run for cover....
seriously
if you're short, you should panic
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