SPOOZ Inc (SPZI)

[ITGuy]

Hi Shine, needed to chime in here.

The answer I gave was directly from Paul's mouth. The JV is not a revenue play. HOWEVER, the last part of my statement is maybe what needs clarification - and maybe that clarification needs to come from Paul. My understanding is that the JV won't give any sort of compensation from anyone (like payment from SFB Market Systems or otherwise) right off the bat - it's what will come out of the JV if the SMCC proposal is accepted.


From the May 25th PR -
“These new developments in no way signal a change in the direction of our company,” stated Paul D. Strickland, Jr., the Spooz CEO. “Our new joint venture simply illustrates the flexibility of SpoozToolz and, in reality, shows how SpoozToolz is applicable to hundreds of transaction processing and messaging revenue streams besides trading.”

There could be huge revenues from the exposure SMCC will give SpoozTools - that's where the money is.

Again, maybe a clarification from Paul is in order but he and I had a small one on one talk about some of the questions and this was one of his answers.




ITGuy

"When we are able to put aside our differences, only then may we say we've evolved."