Gbathat,
141 will start trading derivatives only, using their own account. After they establish a track record they will register with the NFA as a commodities trading advisor and then begin accepting managed accounts from individuals and brokers.
I suspect that they already have money in their own account since they are , per the PR, about to start trading "early in the fourth quarter 2007". The previous PR mentioning the Kauderer Group may well be the source of "those wishing to inject millions into our company". The silent period was silent for us, but I bet it was a whirlwind at Spooz in order for all of this to have been set up in such a short time.
Someone that witnessed the SWARM demonstration must have salivated and moved quickly to get this deal in place. This went from concept to business model in no time flat and I mean quick. I chuckle at all the moaning and groaning on the board over the past few months about how "long" this was taking. This went very quickly and I am duly impressed that Paul and company could get this done so smoothly and in such a short time. I am now doubly confident in my position in Spooz and what they might accomplish with SpoozToolz. I stated before that I was drawn to Spooz because they have stuck with their original mission statement. What they have done with SWARM is proof positive that they are committed to the SpoozTools platform and bringing it to the markets. They have created a potential cash cow with 141 and moved it out of house. Now the original Spooz team is free to continue pushing the SpoozToolz concept to fruition. In choosing a start up company to invest in, pink or otherwise, the single most important thing to determine is the quality, character and determination of the ones behind it all.
This is a good company.
