Replies to post #81995 on SPOOZ Inc (SPZI)

[Kool Aid Man]

"why would he hype it up, he has no shares to dump on us"

--which should scare the holy crap out of shareholders. Park obviously, desperately wants to get his hands on a public ticker. By my count, this is the 3rd time that I know of--

RENAVOTIO INC (RIII)-- They acquired his PPE SOLUTIONS GROUP in August 2020 and made him a high ranking officer on August 26th. Then, due to his involving them in his counterfeit Chinese N95 face mask scam, he "resigned on December 21, 2020." The company was slapped with over $2 million in judgments and Park was sued by 3M. The SEC revoked/ delisted RIII in September 2023
https://www.sec.gov/files/litigation/admin/2023/34-98359.pdf

NATE'S FOODS (NHMD)-- .0003 with a "YIELD" warning flashing after using the same crap to set off a short lived run there.

Park supposedly owns "no common shares" and "Common shareholders have the right to vote on a one for one basis." HOWEVER--- his sole ownership of all the ''Preferred A'' shares gives him "voting control, voting rights equal to the sum of all other votes of all other shares times 110"!!!! So no matter what shareholders want, he can outvote them 110 times over!!

IMO we will soon see a massive REVERSE SPLIT. That's the only thing that makes sense. In doing so, he can wipe out all existing shareholders whose money has already been squandered, scammed and stolen ...much of it years ago. Why would he want to make people rich who did nothing for him and his company? At some point he's gonna have to get rid of the dead wood.

He could raise the A/S by billions in order to give himself some equity to finance projects. Dumping shares into the O/S would dilute and drive the PPS down.

Or he could resort to toxic convertible note financing. The "Payday/Cash Advance" option. Take the cash and let conversions send the stock into a "death spiral."