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songbirdia

06/15/08 12:03 AM

#52049 RE: ITGuy #52048

Thanks very much, ITGuy (and CapnDon for helping out)! Much appreciated.

Rockmek

06/15/08 11:17 AM

#52068 RE: ITGuy #52048

"Answer: Dilution has occurred to keep the company up and going. Without it, shareholder value would be 0.00. Reversal will happen when revenues start coming in."

>>>> Wow so sympathetic to the shareholders, we should be so thankful they are diluting guys or SPZI would be trading at 0.00 instead of .0003. I mean how could it get to this point? In late 2006 it was written by Spooz;

"I believe that our shareholders should look out 18 months for a public exit. In 2007 our emphasis will center on revenue growth and the development of complementary products to the SpoozToolz platform. Since we have already experienced overtures from significant organizations, we believe we will be a bonefide acquisition target by this time next year. "

What the heck happened? Acquisition target? Spooz can't even garner any revenue streaming deals at this point. How could it go so wrong? Just so damn strange.



"2. How will Spooz generate revenue from the joint venture with SFB, and how soon will revenues start coming in from the JV?

Answer: The JV is "not a done deal yet". It's not necessarily a revenue stream - more of a exposure play. Revenue could come from it in different areas which marketing is exploring."

>>>>So the JV isn't even a done deal yet? And its not necessarily going to bring in revenues? But I've been told here this JV is HUGE news? LOL


"4. When will SpoozToolz 2.0 be available for independent traders?

Answer: Right now it's institutional investors with a target subscription price of $500- $1,500 per month. Independent traders can expect something around fall timeframe. Q3 - Q4"

>>>>Oh my goodness so still no strict date. "Sometime around fall"? Its now back to possibly Q4? WTF? How long can a company push back their signature software? Its gotten beyond ridiculous here.






Gbathat

06/15/08 11:59 AM

#52074 RE: ITGuy #52048

Thanks ITguy! great info... things moving along, slower than once hoped, but surely it seems.

Traderfan

06/15/08 6:29 PM

#52086 RE: ITGuy #52048

By far the biggest disappointing thing about the answers from the company is once again this joint venture. Everybody remember what kind of words some used here regarding this joint venture? "a sure thing", "a done deal", "great", huge" and all this nonsense.

Now the company says it's by far not a done deal and they already imply that the main issue here is not about revenues. LOL, are you kidding me? This is so ridiculous I can't believe it.

Where are the guys who post the OSI list hundred times a day and always speak about all those millions in immediate revenues for SPZI? And the head of the company already speaks about "more of an exposure play". Sorry but this is beyond ridiculous. LOL

Unreal.