SPOOZ Inc (SPZI)

[catani]

MC, my wag is 02/11/2008

Nonetheless, A Happy New Year to all!

Posted by: songbirdia
In reply to: None
Date:10/22/2007 1:52:07 PM

Email Response from Paul to questions I submitted last week.


2. Is Jan 2008 a firm date for release of SpoozToolz - or are further delays possible?



While at the Expo last week, I was introduced to, and became personal friends with the President and CEO of the Chamber of Commerce for the City of New York. To make a long story short, the Chamber is forming its International Finance Committee who’s mission will be to stimulate investment in New York companies. I was informed that Spooz will be the first company to be invited to join this committee and the Chamber of Commerce will provide office space for a Spooz sales office at Madison Avenue and 44th. Of course this is all tentative, however, our investors want us to have a New York presence before product launch because they want us international as quickly as possible. It has everything to do with grabbing market share possible as quickly as possible. This stifles competition due to brand recognition in targeted market segments, which in turn lowers the investment risk in Spooz. We believe that, in this case, quickly acquiring market share is far more important then time to market.