For what it's worth KLON, I don't think Spooz belongs in the category of a scam. I think that things have not gone in any way according to plan and that dilution has been a matter of economic survival for them. But to call it a scam from the onset is, IMO, a stretch. I think that they really believed in what they were trying to do, but just couldn't quite get there. Whatever the factors were are moot at this point. Unfortunately it seems they are on the cusp of running out of steam before they manage to get any traction. If indeed there is something going on with Bloomberg, it may well be the last best hope. KaiTrade is not anything I would personally place too much hope in, because if there were any promise in selling the ST software straight out to end users, it would have made sense to keep it in house. I mean , what can KaiTrade do that Spooz could not have done in trying to sell subscriptions? It will be interesting to see if 141 can manage to report decent trading results. I have held for some time that the best thing Spooz could do, assuming they have a viable product, is work out a licensing or fee sharing deal with a big house. The idea of posting favorable trading results in view of the industry peers is a good one. But if they don't deliver this time, it's probably lights out. In short...I don't think Spooz can go it alone. They need backing and they need it right now. They need to prove to institutional traders that there is some advantage to be had in using Spooz' software. They need to do it ASAP.
JC
