Replies to post #58907 on SPOOZ Inc (SPZI)

[Traderfan]

Peeved


Good DD but obviously there is one big mistake in it.


"18 million X 10:1 PR ratio = 180 million"


This is wrong. First 500 per account is too high obviously if you sell so many. Second I'm not sure what you mean by the above but I think you confuse revenues and profits.

Even if you take 500 per seat the above is wrong. It would be more like 40% profits of these 18 million dollars and that would be more like 7.2 million and now you can put a reality based PE like 20 or so. That would mean you get 5 billion shares divided through 7.2 income and that would be 0.00144 in profits per share and times 20 that would be 0.0288 as a fair share price.

Still good I would say but you have to do the math with 300-350 dollars per seat I think.

[ITGuy]

Peeved good DD, I think you are on the right track.

After talking with Darryl recently, my impression is that we're looking at some sort of minimun amount per month for this contract and then some additional target licenses of 3,000 to 5,000, at $400 - $500 a piece. The cost of SpoozToolz on their website is now $489 per month. Then you have a profit margin of about 40-50%. So I think Traderfan's number would be closer to the actual PPS. But just imagine if it's true about the 10 or so additional contracts they mentioned at the SH meeting. Say just 2 or 3 additional contracts of the same value are done. By the end of next year, we could be looking at a PPS of .10.

There are a lot of 'if's out there and right now their sole purpose is to make Bloomberg happy. Once Bloomberg is going, this company has an extremely bright future - one I will be glad to wait around for. They have about 6 more weeks to deliver the product per the original news. However, without a PR from Bloomberg, we may not know the extent of the profits till 4th quarter financials.

I care not what the naysayers say. My DD is solid and if my suspicions are correct, this lotto play will be the single best play I've done in my life. Only time will tell.