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mtncabin

05/31/08 3:39 PM

#50654 RE: Gbathat #50607

I have also been thinking about the current state of the company. Here are some thoughts/opinions that I have to add to your "discussion":

Regarding the O/S increase....I think that this needs a good discussion at the shareholder's meeting (dilution, JV projects, staffing compensation, reverse splits, etc)

Regarding the "new directions" :

1. IMO the pace of implementation of the original business plan is slower than anticipated (lack of communications on the subject). Frankly, I am not surprised. To address this issue, IMO Spooz has "coupled" a couple of products/services from other companies (JV with SFB and 141 "recommendations") together with Spooz technology to "speed up the pace". IMO this is greatly strengthing Spooz's chances of success.

2. I have several thoughts about the JV with SFB:

A. The openiness of the deal at this stage of the negotations suggests that it is a "done deal"

B. Spooz is a major player in meeting the needs of the OSI. These are major players and IMO, Spooz will be rewarded both with direct revenues for this work plus access to future opportunities.

C. IMO, there has been enough design and testing work done to meet the needs of the OSI (possibly Chicago???). Also, IMO, Spooz has the unique technology and the funding to meet the expectations of the OSI; otherwise, these JV discussions would not be occurring.

3. Regarding the work with 141 on "investment recommendations" IMO, this is a little more risky but has huge potential. IMO this is taking John Unwin's work and coupling it with Spooz technology. If the product/service does provide a significant advantage to the investor (I am assuming that it does since 141 is pursuing it), then this market could be huge (from day traders to large investment houses). It could also have a more rapid growth curve than 141 is projecting. We should have a better idea in the next 3 weeks (45 days since the PR).

All these thoughts are just my opinions and my intent is to participate in your "discussion". Everyone should do their own DD and best of luck to all in their investments.