SPOOZ Inc (SPZI)

[annie m]

Mike, I like your Creative Thinking post. Good eye to catch the "stated" reference altho it just may be that someone else in the company took the clip from Paul and wrote it that way.
No matter, the fact remains that it looks like a very positive change of direction toward some revenues.
I,however, am of the mind that the increase in shares is simply a need for cash. We have no clue as to revenues at this point but there is rarely enough money in the bank especially for companies without a steady cash flow.
My curiosity about the deal with Bloomberg is in the form of the contract. Is this a pure licensing agreement where $X dollars are paid to Spooz for use of the Toolz and Bloomberg incorporates it into their existing base program. In other words, clients are not buying a sub to use Toolz but getting it in a basic or upgraded pkg. Also, my take is that Bloomberg will allow other fee based add ons to be purchased perhaps allowing an additional revenue source to Spooz.