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Tuesday, October 02, 2007 3:22:38 PM
"It is anticipated that 141 Capital, Inc. will be listed on the Pink Sheets and will seek listing on the Deutsche Borse exchange in Germany this year.
Shares will be sold in the company (141 Capital), SPOOZ, Inc. already owns 120 million of them.
"The business of 141 Capital will be to manage accounts under registrations with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) as a Commodity Trading Advisor (CTA) and Commodity Pool Operator (CPO)."
The trading capital will come from the managed accounts. They will derive profits (hopefully huge) from trading this capital with SWARM.
SPOOZ, Inc. will get 7% of the net profit. SPOOZ, Inc. will get further value from the increased pps of the 120m shares in 141 Capital. Both should help raise the pps of SPZI.
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