Replies to post #36518 on SPOOZ Inc (SPZI)

[ITGuy]

Paper, please read farther down the list of questions:

In your reply to Allies' email of 8-17 you replied that

" a reverse split or continued dilution of the companies stock was out of the question."
Do you continue to maintain this position.

Answer : Yes, at this time, no reverse splits are planned or contemplated.


The answer you quote could be a different way to lower the O/S. Given his answer later on, a R/S is not on the table.

[Diabolic]

I can not comment on this at this time. We are concentrating on products and profitability at this time. After profitability is achieved, the solution to this problem will become much more clear.

He meant the solution to the problem of having 1.5 billion o/s will become clearer. and not the solution to the problem of having a R/S will become clearer.
Unconsciously, it is a problem for you but not for him.

[boca_bobby]

He didn't promise a buy back with retirement of shares either. It's all in how you look at things. No reason for doom and gloom all the time. Let's see how things play out.

Boca_Bobby