InvestorsHub Logo
Followers 13
Posts 1538
Boards Moderated 0
Alias Born 12/20/2004

Re: Verapan post# 31023

Monday, 10/01/2007 2:10:16 PM

Monday, October 01, 2007 2:10:16 PM

Post# of 86824
It absolutely still belongs to Spooz. 141 Capital is licensed to use SWARM to trade futures and derivatives. I guarantee you that they can not use it for anything else and they (141) can not license SWARM to anyone else or compromise the technology in any way...I would bet you anything on that. Make no mistake about it, Spooz still owns SWARM and will ensure the terms of the license are not abused. A licensing agreement ALWAYS has conditions. Spooz can absolutely license SWARM any way they can contrive to do it to anyone they choose for anything but options and derivatives trading.
If you are not clear about this, email or call the company and ask them.
The terms of the deal with 141 are clearly spelled out with the exception of what the ultimate share structure of 141 will be. Everything else can not be made any clearer, whether someone understands it or not.
Your best bet is to call or email and ask Spooz to help you understand this gift horse.

jc