Spooz Inc (PK) (SPZI) Quote

"Fully executed contract" vs "fulfilled contract."

My understanding is a "fully executed contract" involves both parties entering into a legally binding agreement whereas a "fulfilled contract" is when the parties have actually made good on that agreement. If one doesn't abide by the terms of the agreement the other party can file suit for breach of contract. Or, more likely, the contract can simply become null and void depending on the terms of the agreement.

IMO Park's "fully executed contracts" likely contained at least one or more escape hatches. Example-- people routinely sign contracts to buy a house provided they're able to sell the one they own within X days. IMO Park's contracts were contingent on his ability to secure funding and void if he failed. He then used these contracts to try and secure the financing from 3rd parties and apparently failed... repeatedly,

Another missing item is the $650,000,000 in supposedly fully executed contracts announced going on two years ago now.

How did the Auditor miss six hundred and fifty million dollars??

The noble Parks is being sabotaged by all these Incompetents!

Rumor has it that Parks is such a kind and caring human being that he finds it impossible to fire people.

Yeah that's the ticket

One thing that happened from a December 26, 2023 Park created press release that wasn't included in the audited financials was the missing $199,790 was missing.
Two payments to support the contract in the amounts of $99,890 USD and $99,900 USD were deposited to the JP Energy Global account, at KEB Hana Bank Singapore.
Odd that the auditor missed the Cash on Hand.

IG

MSGA make spooz great again hahahah

Who would be considered the "Third Party"?

I sincerely doubt it actually is. Google "charity fraud" for a myriad of bogus schemes to evade taxes while enriching ones self
https://www.irs.gov/newsroom/irs-alert-charitable-contribution-scams-on-the-rise-taxpayers-beware-of-those-promoting-fraudulent-schemes

ESC is supposed to be a public charity.

ESC is supposed to be a public charity.

.0016 seemed like a deal

closed at .002 with some nice buying on the ask.

Volume Weighted Average Price (VWAP) today was .0017.

https://ih.advfn.com/stock-market/USOTC/spooz-pk-SPZI/stock-price

hopefully you stick around and see!

IF FY2024 is unaudited then auditing the last 2 years of previous management (2022-2023) seems rather pointless.

However, the audit DID reveal something never before disclosed ---that being "donations and share purchases" by Epidemiological Solutions Corp charity. ESC was created in 2020 purportedly created to assist with medical research. So how exactly did Spooz ever qualify for such magnanimous support?

As I pointed out yesterday, in 2020 ESC and it's CEO Ronnie Godeaux began making toxic convertible loans to another ticker (BIEI) with involvement by others also involved in Spooz (Goulding, Tynan, Blum). This PR from 3/16/2023 states--

"Epidemiologic Solutions Corporation, a public charity, is donating $150,000, for no consideration.
https://www.nasdaq.com/press-release/premier-biomedical-inc.-otc:-biei-now-known-as-premier-graphene-inc.-collaborates

However, that was apparently a lie. Their Q3 24 disclosure says nothing about "donatons." Instead it says--- NOTE 3 – Promissory Note:
The company, Premier Holding Corp, ( the parent company )has a promissory note in total of $ 119,871 of which $ 100,335 represents (principal ) plus interest at 12% per annum, with $ 19,536 (accrued interest) payable as of September 30, 2024 due on the "Epidemiologic Solutions Corporation Note" dated March 23, 2023. The note is convertible into common shares. (last page https://www.otcmarkets.com/otcapi/company/financial-report/416481/content


Promissory and Convertible Notes:


IMO there's no reason to believe ESC's involvement in SPZI is not --in fact-- the creation of toxic convertible loans in charitable sheep's clothing. IF SO I think any future audit should go back to at least 2020 to expose any additional ESC involvement .

At the current price the 1:15 reverse split bring the share price to $0.033 far from being at the Nasdaq price required for listed.

He has huge backing now and his commodities are on their way, with very impressive revenues. We all knew the goal was to uplist and the only way with this share structure would be a small reverse.
But the reverse split doesn't get the price close to being listed on Nasdaq.

And the revenue hasn't been independently verified. Baez did a cut and run and started a new company.

With the revenue from the last quarter why hasn't Park paid the taxes on 510 Hamilton?

IG

you are right! major growth is definitely happening! in the billions of dollars! what an opportunity.

What happened to the following from Park?
Spooz
@SpoozInc

$SPZI The increase in the Authorized Shares is to secure potential acquisitions and to support the culmination of the commodity and resource contracts starting in Jan 2025. We are expecting major growth for our JP3E shareholders in 2025!
9:34 AM · Jan 13, 2025

What happened to the acquisitions but the increased A/S didn't lead to anything but dilution.

IG

Just need follow up now. what's the next steps! let's go!

Unaudited.


Time of death...

2024 Annual Report due Monday at the latest. Wait for the autopsy

In my opinion, the share price is way undervalued. Good luck !

Park booked Bloxcross as a $25,275,978 "asset" in Q3. No one has ever said (a) how that extremely specific valuation was arrived at and by whom or (b) if that's for the whole company OR merely the undisclosed percentage of "majority ownership" Park claimed. If it's only slightly over half then that means they think Bloxcross was worth north of $50 million!!!

IF Blox is indeed ''unusable'' then that asset should be written off and removed.

IMO Park claimed he acquired 510 and Blox in large part simply to (a) get the shell risk warning removed and (b) funnel existing revenues from 510 Hamilton thru SPZI. However, presumably he can just as easily take 510 private again as he can't be out voted.

According to the fictitious financials, 510 Hamilton Street was acquired via Bloxcross. Now that Bloxcross has been deemed "unusable?" and with Diego Baez's stealthy departure, who really owns it?

Maybe they pay their rent with K-Bop rice bowl coupons.
According to the fictitious financials, 510 Hamilton Street was acquired via Bloxcross.
Now that Bloxcross has been deemed "unusable?" and with Diego Baez's stealthy departure, who really owns it? We know who is paying the taxes and utilities---->NO ONE

''Perhaps Parks is hoping for a 15:1 split on his past due bills.'' --also to write off a myriad of other operational expenses? Does he pay rent for his apartment there? What about his restaurant, daycare, church? If Spooz now owns the property --which it books as an ''asset''-- shareholders have a right to know. Such freeloading constitutes taxable ''gifts'' to the recipients

My, my, the denizens of "X" are becoming surly.
510 Hamilton Street delinquent taxes, penalties and interest $ 498,299.63 (on the way to half a million.)
Perhaps Parks is hoping for a 15:1 split on his past due bills.

I might add trips 

What is your handle on X - Want to follow over there + Thanks

Sounds familiar??

Au contraire...as I wrote him that his question was on topic on this board due to the same SPZI actors --the Goulding clan, Gary Blum, William Tynan, Epidemiologic Solutions Corporation and its CEO Ronnie Godeaux-- ALL being mixed up in not only Spooz but GRPS, HALB and BIEI. And as I just proved in my last post...ESC's CEO Ronnie Godeaux has been operating as a toxic convertible lender as early as 2020 with ESC apparently doing the same shortly thereafter. ESC has over $180k in unpaid notes available to convert.

Who's to say these ESC "donations" to SPZI aren't basically doing the same thing...just not admitting it?

I invite you to carefully read the link I sent you as such things happen every day. *Death spiral debt refers to debt that can be converted to common shares, increasing the number of common shares and diluting the stock price of those shares.

*The type of bond or security that can cause the death spiral effect converts to predetermined VALUE instead of a set number of shares of common stock.

*The more these instruments are converted, the more shares are CREATED and the lower the share price will go.

*Ultimately a death spiral results and the company can be forced into bankruptcy
https://www.investopedia.com/terms/d/deathspiral.asp Virtually always toxic convertible notes are entered into by cash strapped tickers and their "take-the-money-and-run" managers. I've repeatedly seen loans of $25,000 literally destroy tickers by forcing them to authorize billions of shares and still not fully pay off the debt before bankruptcy or abandonment. These notes accrue interest which is also convertible into shares.

Lenders typically convert tranches of just under 10% (9.99%) of the debt they're owed. Shares are issued and dumped which increases the OS and drives down the price. Since the price has fallen they demand an even greater number of shares in their next tranche in order to "true up" the value of the debt still owed. Each tranche involves exponentially more shares as the price plummets. It doesn't matter what the A/S is...the lender can compel the company to raise it indefinitely to satisfy the debt. How? Because that's the terms of the contract management agreed to!

You mentioned ESC beneficiary BIEI being "maxed out. Check their Q3--

Total shares authorized:1,100,000,000 as of 09/30/24
Total shares outstanding 1,098,879,075 as of 09/30/24

As of today the AS is 1.2 billion and OS is 1,198,879,075-- both up 100 million.

Their Q3 stated "Notes payable convertible $227,073." And the last page states NOTE 3 – Promissory Note:
The company, Premier Holding Corp, ( the parent company )has a promissory note in total of $ 119,871 of which $ 100,335 represents (principal ) plus interest at 12% per annum, with $ 19,536 (accrued interest) payable as of September 30, 2024 due on the “ Epidemiologic Solutions Corporation Note” dated March 23, 2023. The note is convertible into common shares

Their 2024 Annual Report is due Monday. I rather suspect Godeaux and ESC will have converted more shares. Often toxic lenders do additional conversions soon after financial disclosures so watch OTC for updates by the T/A[/color] https://www.otcmarkets.com/stock/BIEI/security

Lastly, Godeaux has been converting shares since 8/20/2020... ESC became tax exempt in 2020. On 9/2/2022 he converted $17k worth of debt for 99 million "discounted shares." On 3/23/2023 it was disclosed his ESC had loaned BIEI $135,430 @ 12% interest per anum. Q3 reported the accrued interest had grown to $51,322 ($186,752 total outstanding balance) so he obviously used ESC as a toxic lender years earlier.

This is for SPZI. DROP your other tickers on this board, now!

There are no toxic notes
OS is just over 400 million after the split and
AS is lowered to 1.1 billion shares, the management is setting us up for some really nice price appreciation

"It doesn't matter if the A/S is ''maxed out''...the company will be forced to create more shares for as long as it takes."

This part is where you're losing me.
Company cannot create more shares after authorized shares are outstanding... barring an amendment to the operating agreement. Public will know when that happens, after the fact, but they will know absent outright fraud. As of now there is no more convertible debt for BIEI.

Toxic convertible notes are contracts which owners can use to legally compel a company to repeatedly increase their A/S and issue new shares to satisfy the debt owed. It doesn't matter if the A/S is ''maxed out''...the company will be forced to create more shares for as long as it takes. Read more--
https://www.investopedia.com/terms/d/deathspiral.asp

(This conversation is relevant on this board due to the same actors (Goulding, Blum, Tynan, Epidemiologic Solutions Corporation and its CEO Ronnie Godeaux all being mixed up in the following tickers)

IMO ESC is a charity operating as a quasi toxic lender. They give "donations as benefactors" to Goulding/Tynan/Blum related tickers (SPZI, GRPS, HALB, BIEI) then also purport to buy shares in those tickers. What is not disclosed is "who" these shares are purchased from and at "what discount" they were presumably purchased at. Randall S. Goulding is a convicted financial fraudster, ex-con and a highly crafty lawyer. This whole thing stinks to high heavens.

Ok.. but still waiting for you to explain how $BIEI can get toxic convertible donations from the Godeaux/ESC/Goulding non-profit when it already as maxed out shares. Which is what you said.

Ok.. but still waiting for you to explain how $BIEI can get toxic convertible donations from the Godeaux/ESC/Goulding non-profit when it already as maxed out shares. Which is what you said.

I believe it is all real, did they have some setbacks, that took longer then we all thought, yes. I own a business and have setbacks often, the key is to keep working, roll with the punches and don’t give up. I believe that’s exactly what John parks has done. He has huge backing now and his commodities are on their way, with very impressive revenues. We all knew the goal was to uplist and the only way with this share structure would be a small reverse. I am very pleased with the way things are proceeding. Many don’t believe because it’s rare in otc land, but every so often it happens and those with conviction end up really hitting it big. To each their own but I have my shares.

Contrary to pumper propaganda I take no glee in people losing money. That's why I post verifiable DD and honest personal opinion when I see red flags. However, I'm less sympathetic to those that hurled countless insults or accused me of being a paid basher, short seller and liar.

This stock is 5 ticks from trips. Don't say you weren't warned. It's still possible to lose 93.33% from here --or a fall to .0015 after a 1:15 R/S based on today's price of .0015 (i.e. .0225. A post R/S .0225 drop to .0001= a loss of -99.6%)

Congratulations on the implosion. Enjoy y'all !!!

An even BIGGER R/S coming??? SPZI has fallen 47% since Preacher Park announced his 1-for-15 R/S. So to make his "uplisting to NASDAQ" math work I wouldn't be surprised to see the R/S adjusted higher to make up for the losses. If my math is correct---

To recoup a 50% fall requires a raise in the R/S from 1-for 15 to 1-for-22.5
To recoup a 75% fall requires a raise in the R/S from 1-for 15 to 1-for- 26.25
To recoup a 100% fall requires a raise in the R/S from 1-for 15 to 1-for-30

And that's just to stay even with the price the day before his big announcement. Also know this--

There's zero guarantee this R/S won't be followed by another...especially as the stock falls into tripps. In fact it's not uncommon at all to flush out all the dead wood and bag holders. Hence the term "wash, rinse, repeat."

If Park has the proof to stop the bleeding he could disclose the 2024 AR at any time. So why hasn't he?

They're not "reducing the A/S"...they're INCREASING it as I explained here

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175968870

As I said, Park has already created a billion new shares and dumped 98% of them. What makes you think he won't keep doing it? Hell, he can't even pay property taxes and utilities on 510 Hamilton where he lives, runs a restaurant, a daycare, a church and office for Spooz and his other ventures.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175969208

congrats, I am on the same page as you 100%

Not worth putting any thought to it.


Never was.

They would not reduce that AS by over 60% if they planned to sell shares. There wouldn't be any to sell. But that isn't the reason for the RS anyway - it is to get the OS low enough to get the share price up to $4 which is needed to uplist. Simple math.
Dumb people dumping right now are idiots. But that's fine, I'm buying their shares. The trick with a valid RS is to have as many as possible BEFORE the RS, because afterwards, the share price will be 15 TIMES it was before the split. Buy 15M, reverse to 1M but SP X 15. Your portfolio value is unchanged.
It will only go up from there.
JP3E will have profit to buy shares, and that is all it will take to get it to $4. And, far beyond, I believe. I've seen a calculation where SP could be over $100/share by the end of 2026. I intend to find out. I have nearly 50M shares now, which will become over 3M after the split.

NASDAQ uplist..name/symbol change..new CUSIP#..JV with someone who will finance everything yet leave current management in place...really now???

JP3E, trading under the ticker SPZI, anticipates its name change through FINRA to JP 3E Holdings, Inc. to be effective with its new trading symbol in the coming days. Our new CUSIP number is 84915Q209. Preacher Park has been yapping about FINRA approving a name and symbol change since he slithered in here nearly 16 months ago. As if doing so would magically result in revenues and profitability. If this company made good on all its promises it could skyrocket even if it were named Horseshit LLC. And now with this supposed new merger partner why would it be named after John Park's goofy JP3E Holdings and not Datang? Makes zero sense.

Reverend John "Pass the Plate" Park says " Our new CUSIP number >is< 84915Q209." Can anyone verify because I can't. The current CUSIP is 84915Q100. DTCC lists global locks/ suspensions for Spooz a decade ago.

Scams make a lot of claims, for the better seemingly.

Propagation is an OTC norm.


This is a relevant case study.

park the serial con man should be in club fed soon if there is a SEC enforcing these pink sewer conmen

NASDAQ requirements... Hilarious.

These con artists are throwing every scam excuse in the book out there.

Old shareholders being destroyed..typical R/S+stealth increase in the A/S. The purpose being to rid the ticker of old shareholders whose investments were spent, squandered or stolen before now.

Any company reverse merging into this POS has ZERO interest in enriching those who have contributed nothing to their business. Common sense tells you new owners want SHARES to sell in order to finance their own ventures....or simply to rip more people off and enrich themselves.

"John K. Park will continue to serve the company as Chairman and CEO, overseeing directly the new copper and gold contracts to be executed. John K. Park will form a new team of personnel to put in place to manage and guide the company to its next level in obtaining NASDAQ requirements and qualifications." Datang is going to do this? What a joke!!!!

Because it was just another scam.

"Swirling/vr" was pumping...likely first at the sell window.

anyone that doesn't think it will lose 40% after R/S deserves to lose more MONEY....sorry...trust me....I'm a huge bagholder in these sewers over last few years

SCAM UNRAVELING....wheres stervc today? loading 0014?