SPOOZ Inc (SPZI)

[Imperial Whazoo]

Absolutely Capn...

You and I both program for a living (I did for 20 years, until recently, and you still do). As such, in both my experience & my opinion, it is absurd to posit that Spooz turned over a copy of the software for Bloomberg engineers to kick around prior to the inking of a contract. You and I both know that, in this day and age, SpoozToolz would have been copied. Bloomberg would have used their free eval period to determine if it was more costly to create something like SpoozToolz in-shop (at Bloomberg) or were they going to have to buy it to get it. There is no way on planet Earth that Spooz is going to give Bloomberg an engraved invitation to steal from them in this manner. You may as well tattoo "stupid" on your forehead. I mean.... lets all just settle down and put on reality cloaks instead of insisting on dressing up in "Wishful Thinking" costumes.

Had Spooz gotten SpoozToolz over to Bloomberg PRIOR to inking a contract, SpoozToolz's programatic look-n-feel, its programatic outline or theme.... any unique cute thing that sets it apart..... its programatic thrust or flavor, as it were.... its overall style and approach and so forth..... all of that would have been vulnerable to being stolen.

Spooz is already fighting a lawsuit with thieves who stole the prior version. So, DUH!! Of course Spooz is going to place a copy of a top secret product into an extremely savvy IT shop like Bloomberg's prior to having a contract that is so tight it protects Spooz's very DNA. Thats going to happen. ROTFLMAO...... yeah, right.

Listen, Bloomberg showed up, showed interest, negotiated a set of customiztions, made certain demands, inked a deal, and gave Spooz 60 days to deliver. Bloomberg did not get a copy in shop to slam and crash and disassemble and copy during this time. The very idea that Bloomberg had it in their shop to slam-bam-thank-you-mam PRIOR to a contract is insanity on a stick.... In my opinion, that is, but also, in case its not clear by now in my experience, too..

And furthermore, you can bet Bloomberg made specific requests. Anyone want to bet Bloomberg demended but did not get an exclusive that excludes sales to their competitors?? And, since you'd have to live in a cartoon universe where power programmers can see into the future in such a way that they can anticipate customization needs PRIOR to them being asked to deliver them, it is unreasonable on the face of it to act like Spooz handed Bloomberg a finished product on the day the software & service contract was inked. I live on planet Earth, and there is no way I can know what a potential client is going to ask me to do prior to their showing up and actually asking it. Spooz, bound as are you and I, within the confines of time, could not have been in a position to deliver a complex product integrated into a complect trading platform of the premier trading data vendor on the planet.

At the very least, there are look-n-feel issues. Bloomberg has a BRAND, and you can bet your bottom dollar that they are aggressive in placing coding requirements on their potential partners that constrain any work done to make it meet their definition of excellence, if for no other reason than to protect their brand.

The custom requests Bloomberg surely made were NOT created at the inking date. No software company is going to create software-engineer-costly customizations that are being negotiated PRIOR to the contract actually being inked. Thats absurd, and as programmer, you and I both know it is absurd.

These suggestions by people that the signing of the contract means that Spooz delivered software to Bloomberg for acceptance at the signing of a the contract.... these people are letting their hope to get on down the road color their conclusions, IMHO. It just doesn't work that way.

Bloomberg inked a deal and Spooz is focused on generating such customizations that Bloomberg requested. They have a 60 day window. Thats the drop-dead-date. Spooz is certainly trying to deliver before the drop-dead-date, but the 60 days is the agreed upon time frame. You don't get to live in a house you want to buy to test it to see if its OK prior to buying it. So, the idea Bloomberg got SpoozToolz in shop prior to inking a contract is just cartoonish.

Bloomberg came, they saw, they liked, they requested, they negotiated, they signed.... and now Spooz is in the process of focusing on delivering according to the terms of what has been negotiated and agreed to.

Imperial Whazoo