Replies to post #90122 on SPOOZ Inc (SPZI)

[I ll be back]

Under a membership sale, you can structure it with any percentage of membership you want to create.

Given the PR related to a $150K in cash, we really don't know what shares in SPOOZ were transferred without reviewing the filing. Assuming the details of the sale are actually listed.

What I'm saying is, "if" he transferred a majority interest in the LLC, it would have required a lender review and approval. At which point the lender would have reviewed the buyers' financials, management history and taxes brought current.

are you saying that Park and his partner don't own the whole enchilada

There are a lot of unanswered questions here.