$SPZI Spooz Enters Strategic Relationship with Cra
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https://www.newsfilecorp.com/release/103790
Clearwater, Florida--(Newsfile Corp. - November 16, 2021) - SPOOZ, Inc (OTC Pink: SPZI) ("Spooz" is pleased to announce the formation of a key strategic relationship with Crawford Ventures, Inc. (NY) (CrawfordVentures.com) ("Crawford" and its founder Evan Katz, to help design, structure, build, grow and market investment interests in the newly formed Spooz Commodity Assets Pool LLC (the "Pool" . Spooz's wholly owned subsidiary, Spooz Asset Management LLC ("SAM" , is the investment manager of the Pool, is seeking to raise up to or more than $500 million to $2 billion for the Pool, and has retained Mr. Katz to solicit such investments from the many large and other institutional and family office investors with which he has longstanding relationships. Mr. Katz will participate in the revenues of the Pool, and this key relationship will, in no way, dilute the Spooz common stock.
Paul Strickland, Spooz's CEO, stated that "We are honored and privileged to be represented and working with the very prestigious Evan Katz and Crawford Ventures in this compelling endeavor." Mr. Strickland added, "Crawford is an industry leading and globally renowned consultant to the alternative asset investment industry, including to hedge funds, private equity funds and other alternative investments, including commodity pools. And Crawford's founder, Evan Katz, likewise is very well-known and highly respected around the world, and recently was nominated by his industry peers as one of the top fundraisers for hedge funds, in the annual Hedgeweek (Hedgeweek.com) Awards 2021."
Addressing the parties' strategic relationship, Mr. Katz remarked, "I am very excited by Spooz's business plans, and the opportunity to work with Spooz to help build the Pool. I believe that Spooz's plans are very original and highly unique, and I look forward to working with Spooz, Paul and their team, and to introducing them and the Pool to large and other institutional investors and family offices that I have known for many years, and that collectively have several trillion dollars of investment capital."
Mr. Katz will solicit Pool investment funds in order to facilitate the Spooz initiative to acquire significant interests in commodity assets. Spooz CEO, Paul Strickland, stated, "This is perhaps the most important strategic relationship that we have formed to date, and represents the successful culmination of months of work. We are greatly honored that Evan Katz and Crawford are working with us. We will provide more information in the very near future on the particular focus of this endeavor, including specific information concerning the carbon offset and tax credits that will be offered to investors."