Thursday, June 26, 2008 7:51:31 PM
PROS
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If you live in the pinky world, then there are probably a couple of thing that will impress you about Spooz
1. The have audited financials.
2. They have had two shareholder meetings.
3. They have released an extensive amount of disclosures.
4. Paul has answered many shareholder questions. He has made himself available.
5. Spooz did hire people first quarter.
5. They plan to uplist (but this really isn't a PRO since it's still a plan and not reality)
Well, that's pretty much it. Now for the CONS.
CONS
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1. No revenues
2. Flagship software over 2 years late. 1.0 never launched in April of 2006. April 2007 was supposed to be 2.0 launch and it still hasn't happened.
3. SWARM is not trading. Currently in litigation.
4. XXIS only paid Spooz 83k of 1.5 million.
5. XXIS is still not trading, not producing revenue.
6. SpoozChart, released a few months ago only generated $62 dollars in revenue. Yes that is sixty two dollars.
7. Dilution.
8. Dilution.
9. Did I mention dilution. Paul has to sell stock to keep the lights on.
10. No mention of a number of previously announced deals, namely TT and AmeriTrade.
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