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Wednesday, December 19, 2007 12:03:48 PM
The Spooz sponsorship arrangement includes consideration equal to 120 million common shares of 141 Capital, Inc. “The sponsorship of 141 provides us with the opportunity to increase value for Spooz shareholders through the company’s strong participation in two public companies,” stated Paul Strickland, CEO of Spooz. “Because the two companies have two distinctly different business models that are in no way dependant upon one another, part of the value to our shareholders is in the reduction of non-systematic market risk associated with the price of a single company’s shares. This new structure provides diversification of Spooz interests helping shareholders to mitigate certain risks associated with owning Spooz shares.”
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
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