SPOOZ Inc (SPZI)

[Traderfan]

Sorry but this would be highly illegal. The SEC would be very interested in this behaviour. Having material issues and not announce them to the public for buying back shares....LOL

That is a big no no.





thought of the same scenario which is a practicle business move especially if anticipating a sizeable revenue coming around the corner. It seems an obvious plan considering the statement by Paul that the possibility of a share buy back was eminent. The suggestion of a share buy back was made before and quickly laughed at by one of the naysayers with a negative response "buy back with what, Spooz doesn't have any money". I don't think Paul would make a statement eluding to a stock buy back if he wasn't expecting a revenue source. And "Boca" I agree with you that the announcement of "brokerage deals" is going to be PR'd after a sizeable buy back, which is going to be announced in QTR 3. Only the naysayer who can't vision the brokerage revenues can't see the possibility of a stock buy back. It is easy to see why the news of revenues would be held in confidence until a stock buy back is accomplished. IMO