Spooz, Inc. to File Form 10
15 Maio 2008 - 9:00AM
Business Wire
Spooz, Inc. (Pink Sheets: SPZI) is pleased to announce commencing
preparation of a Form 10 to file with the Securities and Exchange
Commission. The filing is intended to transition the Company to
become a �fully-reporting� company pursuant to the Securities
Exchange Act of 1934, as amended. Becoming a �fully-reporting�
company is a pre-requisite for the Company to trade its shares on
the Over-the-Counter Bulletin Board (OTCBB) along with the filing
of an Information Statement by a market maker with the Financial
Industry Regulatory Authority. Pursuant to these rules, once we are
a �fully-reporting� company, Spooz will be required to regularly
issue Form 10-Q quarterly reports, Form 10K annual reports, Form
8-K corporate development reports, and otherwise comply with all
listing and disclosure requirements of the U.S. securities laws.
"We have completed our audited financials in a first step to uplist
to the OTCBB and we are ready to take the next step,� stated Paul
D. Strickland Jr., CEO of Spooz, Inc. �Although we cannot provide
any assurances as to the timing of the Form 10 filing, or the
subsequent listing on the OTCBB, we believe that uplisting to the
OTCBB enables us to better market our product lines and expand our
distribution channels. This event is essential to increase
shareholder value. Our goal is to position the Company in a manner
that will make us an attractive investment for both our business
partners and shareholders. The Bulletin Board is the first step as
we execute our business plan to bring real value to all our
shareholders." Additionally, Spooz is pleased to announce a date to
hold our annual shareholder�s meeting. The meeting will take place
on Thursday, June 12, 2008 at 4:00 PM CDT. The place of the meeting
will be the Spooz corporate offices at 29 South LaSalle Street in
Suite 1250, Chicago, Illinois 60603. About Spooz, Inc. Spooz, Inc.
is an independent software vendor developing revolutionary trading
solutions for active and professional electronic traders. Spooz's
suite of technology products provide the most versatile
configuration of trading screens, analysis screens and automated
trading systems in a fast growth financial marketplace. Spooz is a
trading solutions company focused on next generation traders.
SpoozToolz�, AlgoServer�, SpoozChartz� Spooz AutoSpreader�,
ToolzKit� and Spooz CPM�, the Company's flagship products, enable
any trader to quickly and efficiently bridge the gap between
concept and execution. The value of the SpoozToolz platform it that
it allows any trader to create trading applications that retain
flexibility and customizability, are simple to use, and that
facilitate bringing the traders ideas to production before
opportunity for profit is lost. Forward Looking Statements This
press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of Forward-Looking
Statements: This news release may contain forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. These statements present management's expectations,
beliefs, plans and objectives regarding future financial
performance, and assumptions or judgments concerning such
performance. Any discussions contained in this release, except to
the extent that they contain historical facts, are forward-looking
and accordingly involve estimates, assumptions, judgments and
uncertainties. There are a number of factors that could cause
actual results or outcomes to differ materially from those
addressed in the forward-looking statements.
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