Replies to post #84280 on SPOOZ Inc (SPZI)

[Kool Aid Man]

His companies are insanely rich...yet Spooz is broke? How does that work?

[I-Glow]

Great point Surf, the following is from Park/Spooz. I didn't see any assets in the financials.

"Spooz, Inc. (SPZI) Completes Primary Acquisitions and Change of Control
Press Release | 12/20/2023
Spooz Acquired Key JP Energy Assets; Vests Control to John K. Park

CLEARWATER, FL / ACCESSWIRE / December 20, 2023 / Spooz, Inc. (OTC PINK:SPZI) completed the acquisition of key JP Energy assets for vesting control of Spooz, Inc. to John K. Park. Additional assets to be announced later in exchange for vesting control of Spooz, Inc. to John K. Park. The first two companies announced as part of these acquisitions are JP Energy Group, Inc. (New Jersey Corporation) and JP Energy Global PTE, LTD (Singapore Corporation) as wholly owned subsidiaries of Spooz, Inc."

Park never provides details of the contracts - or the acquired assets - or where the Capital came from to purchase 51% of PEC.