SPOOZ Inc (SPZI)

[songbirdia]

Hi, Allie

To me, today's PR says that the issuing of the 120 million shares was the first part of the payment for licensing.

"It has funded the first part of its commitment regarding the exclusive licensing of the Statistically Weighted Arbitrage Recognition Model (“SWARM”) for derivatives, by issuing 120 million restricted common shares to Spooz, Inc."

We have been told that first $500,000 is to be paid to Spooz in this quarter, but that was not mentioned in today's PR.