Thursday, January 15, 2009 8:53:33 AM
Spooz Projects Large Revenues and Earnings
- 3/20/2007
CHICAGO--(BUSINESS WIRE)--Spooz, Inc. (OTC:SPZI) announced that its financial projections demonstrate the company will enjoy sizeable leaps in revenues and earnings over the next three years. According to its most recent economic forecast, Spooz expects its total income in 2007 to be $3,271,253, increasing to $29,474,886 in 2008 and spiraling to $102,328,865 for calendar 2009. Projected revenues are derived from three primary sources: SpoozToolz subscriptions for the Basic product and its attending modules, templates and trading systems; repackaged market data feed products; and proprietary trading. The projections have been published in a revised business plan that includes in-depth background information on the company, its structure and management team, descriptions of its products and services, operational plans for its profit centers, as well as management's certified financial statements.
“I believe our projections to be a robust estimate of where Spooz is headed from an earnings perspective,” declares Spooz CEO Paul Strickland. “In the upcoming year, we will begin offering a succession of extraordinary products and services that will undoubtedly trigger a substantial increase in our subscriber base. We will be offering, as part of our SpoozToolz suite, innovative add-ons such as the Instant Edgar XBRL module, as well as other modules that will provide wireless trading and system monitoring on any intelligent hand-held device (available in early 2008). I fully expect Spooz to achieve profitability this year and will provide our shareholders with remarkable financial gains over the next three years.”
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