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Re: ThSeeker post# 14597

Tuesday, 09/08/2009 6:19:45 PM

Tuesday, September 08, 2009 6:19:45 PM

Post# of 16405
Unfortunately there is no reason to believe they won't continue to dilute. It is all they have ever done.
With SPOOZ, I was always weary of the fact that there was a high probability institutions would not touch them because of the likelihood of a law suit from TT. Paul at some time claimed that everything was ok, but I never quite believed it. It is evident now that it wasn't. It's a similar scenario to the old Napster. The program installed on your computer did not infringe on artist's copy rights. Using the program did.

It seems like these guys (Spooz, 141, WRDC...it's the same people) love to toss recognized names around, but nothing ever comes of it.

What ever happened to the trading program being tracked monthly on Barclay Capital? Is that piss in the wind now too?

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