Get Lost

When I was in the sixth grade, somebody put a lost-and-found box in the science room.  On the front of it was a sign, hand-lettered in bold, black Magic Marker, that looked like this:

At the time I assumed that someone who couldn't spell (probably a student) had made the sign and that someone else (probably a teacher) had made the correction rather than create a new sign.

In later years, however, I have wondered if it was not a mistake at all but a deliberate and very clever play on the words -- as in, Lose the O.

Regardless, it's how I remember that lose (as in, lost) has one O and loose (as in, as a goose) has two.