Replies to post #60262 on SPOOZ Inc (SPZI)

[mtncabin]

Do you know what the contractual relationships are: Is it a Spooz/Bloomberg contract with Spooz contracting out the implementation to KaiTrade or is there a more formal agreement between KaiTrade and Bloomberg?

Also, is Paul working on additional deals that Spooz will have formal reationships with customers or will KaiTrade be taking the lead for this work?

Silence sure creates a lot of questions. Thanks for you help and best of luck to you.

[peeved]

mc...

when you put it that way, it seems that we will get even less than 50% of revenues...

spooz will get a cut of revenues...seems like we are making less and less...

no one is buying shares, the company isn't making enough to buy back shares, and our revenues go down by the minute...

how frustrating.

[Gbathat]

Thanks MC!

I think the fact that Unwin invested in Kaitrade shows that there is considerable potential just in selling and supporting Spooztoolz.

If we have a 50% take, which will rapidly approach pure profit as seats are added, we will all be very happy.

Just 5% of Bloomberg Pro's 250,000K seats would be huge. 1200 seats is a good start. If we get similar deals with CQG, Ameritrade, IB, maybe others, things will be looking up in a hurry.

Throw in template fees (I'm sure Paul probably has a lot of those up his sleeve) for good measure. I do not forsee that aspect of the business plan going through Kaitrade.

Peace,
Gbathat