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Tuesday, July 08, 2008 11:39:47 PM
I have been reading about the litigation and wonder if it could be the reason the company is quiet? In other words, in order to protect investors in general, as standard protocol does FINRA gag a litigant while they investigate the basis of the litigation? Compare the protocol to that of a police officer any time he fires his weapon: he is usually suspended with pay until the investigation is over.
It would seem plausible to me that certain events such as litigation, regardless of which party is at fault would be cause to temporarily freeze events such as PR's until FINRA is certain as in this case that this Groves fellow is indeed the culpable party and not Spooz.
Based on what I have read about Spooz, a scenario such as I have suggested above while unfortunate for Spooz and it's shareholders would seem more logical then scenarios I have read by other posters here that Spooz products are at fault. I tend to believe that Spooz is ready to move ahead but is being held up by FINRA because of the unfortunate situation caused by Groves stealing the software.
TIA for any input you may have.
Georgie
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