Replies to post #9226 on SPOOZ Inc (SPZI)

[wing_walker]

Wildman-j,

Curious, I'm not sure how your suggestion would work? how would exercising their option increase the company cash flow? Are you saying the insiders used their personal funds to buy the additional shares (probably at a discount) and will sell the shares on the open market in two years to get their investment back? Say they bought all 650,000,000 restricted shares at par value of .001, that would be 650,000 dollars that they would have to personally lay out. the Disclosure said they were looking for 3-5 million. I think they will or have, secured funding from another source. I'm not saying I know the answers lol, I'm looking for an education as you are so please don't take my post out of context. I'm just looking for the right answers as you are.

I see you live in Chicago and you have visited the Spooz office. Have you been back or been in contact with Spooz since your last visit? Maybe since you were there in person and are a bigger than average shareholder, you can get some insight from Paul?

Tia,
Glty

wing..

[alliecorp]

Wildman, good questions...and one part of the equation missing for us, is that we don't know the exact number of shares that were exercised.

There have been cases where companies have officers exercising stock options, and actually do it to increase the cash flow...at least in this case if Spooz officers did exercise their options for cash flow, the shares are now restricted for two years, so that won't effect the current float.

Usually, that's what gets investors ticked...when the officers exercise options...and then the float increases drastically....but in Spooz's case, it is my understanding that management has chosen not to do that, in fact, I think our float has decreased in the past few months...although the overall O/S has increased...hope that helps...allie