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Re: martingale post# 37758

Wednesday, 11/14/2007 7:19:49 AM

Wednesday, November 14, 2007 7:19:49 AM

Post# of 92163
My thinking on that MG is..this quarter ended 9/30-since then I have to believe investment $$ has come to SPZI via some source. We know that in Oct SPZI found the money to buy
the shares of XXIS..we were also told there would be a $3M start up investment for XXIS. We have also been told SPZI would receive $500K per quarter for the next 3 quarters and 7% fee for trading which would begin soon. The CEO has told us he has refused investment funds from some sources, he also told an investment EXPO that "we don't need money at this time but will sometime in Mar" (I believe that was the date). Some of this info has come by way of PR's, some by email and some via the EXPO, so I don't think we need to be worried about SPZI paying the $14K cc bill. BTW, anyone notice the hugh drop in short interest? Very nice.