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Thursday, August 28, 2008 10:20:48 PM
They were forced to play a dilution game of chicken. Or, as I told the board the other day, Paul is playing a masterful back-game. Rather than being able to proceed and deliver on promises made, timelines laid out, deals on the verge of being PRed officially, the hard decision to dilute to buy time to build it all from the ground up was forced on Spooz, with John Unwin being the chief architect of a new version that is completely free from encumberances from the version that the courts sidelined as a matter of judicial fairness.
And all you need do is read the list of charges of which the legal proceedings consist to discern that any allegation that the purloined version was free to be released (or any planned deals that would have involved it consumated) is nonsense. Sheer and utter nonsense.
Had the court not behaved as though the question of ownership needed to be decided by it before Spooz could proceed with the things they had lined up at the moment the theft happened, then there would have been a legitimate legal question raised as to whether the court was being even-handed to both parties. There was no way the software could have been released at that point, and the chief ally the thieves had was the threat of outlasting Spooz's ability to dilute. Could Spooz create a new version, unencumbered by entaglements with the version that is at the heart of the litigation, or would they run out of both time and money, letting the thieves get away with a wonderfully well-timed bit of thievery? High stakes gamble.... with a masterful professional futures player. Looks like the masterful professional futures player is going to make the gamble pay off for Spooz and the other guys are looking pretty much like folks who bet on the wrong horse, or so it looks to me.
Judge the evidence that's laying out in the open: the fact that the dilution seems to have stopped for the month and the fact that, to meet payroll this time, they are NOT diluting. It looks more and more like the gamble by the crooked former employees will not work in their favor. Spooz appears to have gotten something underway that makes it no longer necessary to dilute. Payday is tomorrow, if I'm not mistaken. If they make payday and don't fold, despite being too low to dilute further, then IMHO, Spooz has won... the purloiners ran out of time.... Spooz can be said to have very likely, turned the corner. Finally. Thank you LORD!! Can I get an amen?!?!
And anyway, the timing of the decline channel could not be any clearer, IMHO. A picture is worth 4 billion shares LOL..... and a million or so angrilly posted words too LOL :o)
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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