Replies to post #62190 on SPOOZ Inc (SPZI)

[funmaxus]

For the lazy:

" Trading Description

141 Capital will trade customer funds utilizing multiple trading systems addressing multiple asset classes and multiple trading styles.

141 Capital currently has or has in development three (3) trading systems. 141 Capital plans to continuously develop trading systems to meet the current market conditions. Because 141 Capital will be developing these systems using “SpoozToolz”, the time to market will be reduced significantly as compared to how trading systems have been traditionally developed. Therefore, as 141 Capital sees the markets changing, it will be able to develop trading systems to meet those changes very quickly.

In addition, before 141 Capital uses any trading system to trade customer funds, it intends to test those systems using one-lots to insure that they are functioning properly. More...

The minimum for a Fund participation is $10,000.


Risk Strategy

Consistent, successful investment performance can be achieved via the application of rigorous and consistently applied risk controls. While it is 141 Capital’s primary objective to deliver above average returns, the trading system cannot achieve this objective in the absence of acute risk management. All of 141 Capital’s trading systems will incorporate management relative to inherent market risks by design; 1) investment risk is diversified across a range of non-correlated markets, 2) investment risk is diversified across non-correlated and clearly defined strategies, 3) our policy of employing “automated stop losses” is strictly applied at the time of entry as the preservation of capital is of paramount importance and the use of multiple models avoids having to rely on any single tradable instrument and thus reduces general credit risk, 4), the ratio of margin to equity is, on an average basis, consistently below those ratios common to the industry,

Background

Paul D. Strickland, Jr. - From August 1999 to the present, Mr. Strickland has been the Chairman and CEO of Spooz, Inc. Spooz is currently engaged in the development, marketing and sales of electronic trading technology, marketÂanalysis and trading decision support software. Mr. Strickland has been the Chairman of the Board of 141ÂCapital since its founding in November 2007. Prior to November 2007 Mr. Stickland has worked for various firms in the futures industry including Alaron Trading Corporation, Futures Analytics Inc., Sutherland Group Inc, and Zaner Group LLC. Errol Stone - Mr. Stone is Chief Executive Officer and Director of 141 Capital since its founding in November 2007. From May 2001 to November 2007 Mr. Stone was Executive Vice President, Secretary and Director of Spooz, Inc. Spooz is currently engaged in the development, marketing and sales of electronic trading technology, market analysis and trading decision support software. Mr. Stone remains Secretary and Director of Spooz, Inc. Mr. Stone received his undergraduate from Tufts University and his Juris Doctorate from Boston University School of Law.

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[songbirdia]

Thanks, jcrom. That is interesting information, for sure. I am glad to see some confirmation that SpoozTools is being used for trading. So far the way they are using the program seems to be working for them.

I have often thought that if a large trading organization saw that ST provided them significant competitive advantage, they might want to try to get exclusive access to it. I guess that is why I was speculating that maybe Paul might try to sell it. I could be completely wrong, of course. I guess it is a bit irresponsible for me to speculate in this way with no evidence at all.

This has to be a tough time for selling financial software to big financial institutions.