Replies to post #37991 on SPOOZ Inc (SPZI)

[Diabolic]

My interpretation of SPZI pps:
(pretty easy after everything already happened but difficult to predict)

People sold shares to use their money elsewhere. they dont want to wait until december-january. during a month (november) u can find other plays and come back to Spooz after. plenty of time to do it. This took us from 0.01 to 0.0065 over 10 days.

Then the company filed RegdeX.
Mike Fletcher posted the REGDX info.
It was filed the 1st of november for an effective date on the 29th of october. This leads me to believe it was "used" on the 29th of october.
The day we went down from 0.006 to 0.004!
On the 1st of november, traders loaded up on 0.004 being an attractive price and run it to 0.006 again. After that it going down on very low volume and will be up again in a matter of minutes and on low volume too.

http://stockcharts.com/c-sc/sc?s=SPZI&p=D&b=6&g=0&i=p64613733424&r=6220

Also, if it was anything other than a 504, my personal interpretation is that they could have sold securities that were exempt from registration.

According to Paul, it was an exempt offerings, which means what you have stated above.