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Renavatio

10/18/07 6:06 PM

#33231 RE: ub3rn00ber #33223

I could care less about deadlines given. I've been around pinky land now long enough to know that most deadlines aren't met. What I was calling "credible" was their professional resumes; it's the first place I look for red flags when I start my DD on a stock. These boys have a great, verifiable track record and that's a big deal as most companies in my portfolio can't say the same.

Regardless, I've learned not to believe the "story" whatever it may be until the story is proven fact. Until the story is proven fact, I am here to make money trading stocks. I bought right initially so I can afford to be patient now. Sorry if you didn't buy right the first time. Hope it doesn't effect your decision making abilities if this tests .0045/005 again. Also, I guess it helps that in my short time on this earth I have started 3 businesses. One fell apart on me and was a nightmare (1999 dot com start up). One grew but never became what I thought it would (RE wholesale brokerage). The third is currently paying the bills so the verdict is still out (RE marketing and lending). I've given plenty of projections and deadlines that weren't met, and lost some good folks their money. I've also made a few folks a fair bit of profit off my endeavors. That's the risk of investing in human beings I guess.

Good luck to you. Hope this turns out well for us all. eom.

Mike
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keegers

10/18/07 6:10 PM

#33234 RE: ub3rn00ber #33223

As per the Expo, they used the word customer. They had their first customer in October 2007. That to me, constitutes that this has been released, but they are starting with a select group. Plain and simple, if there is a paying customer it is released. Now maybe that doesn't satisfy your version of what a release is, but the product is released if there is a paying customer. As to you thinking they are lying, I do not believe so and I wonder why you do? I dont think Paul has ever knowingly said something he believed to be false, or said something that he knew he could in no way deliver on. Have you ever created a piece of software before? Have you every invested in a company whose product is a piece of software? Are there ever delays? Yes, there are. Now just because a company plans to release software then delays it for some reason(bugs or other reason) doesn't mean they are lying. It just means that a deadline had to be stretched.

Also, Spooz doesn't have the support team in place yet to deal with a high volume of training and support needs. To release to a large group without these things in place would be a disaster. Thus I think their plan of a phased roll-out is a much better one than just releasing to satisfy a few disgruntled shareholders.