Catani, I am no defender of this company. I have followed it from the start and do not now have any shares. I sold out when the first roll out of STv1 failed. I believe that they raised money intending to bring their software to market, but they just don't appear to have a product good enough to gain the interest of the industry. They very quickly became reactive in what they have done, rather than proactive. That is to say that events very quickly controlled Spooz, rather than Spooz controlling events where they are concerned. The need for survival cash quickly overtook them. As a result they have not done justice by the shareholders in being transparent about their struggles. This is no excuse as far as I am concerned, simply an explanation, or at least a possible explanation.
Catani, all of this is just my humble opinion based on observation over the past years. I am no fan of the company and I don't think much of the lack of transparency. But to be honest, I doubt if they have much to say right now anyhow.And it has always been a non reporting pink sheet, so anyone who has not treated it accordingly has mostly themself to blame.
IMO, they have not demonstrated that they have anything good enough to attract any attention. They may have thought that they did, and they may still believe it. But it is up to them to prove it. I won't believe it until I see it. The ball is in their court.
JC
