Spongetech Delivery Systems, Inc. (fka SPNGQ)

[k9narc]

No lack of common sense here, just a different view of what caused the end result.

I see a company that dumped billions of unregistered shares into the market causing in part, it's own downfall.

Others blame naked shorting for its demise.

It really doesn't matter.

The company was a scam from the get-go and had minimal sales. The SEC has shown that spng flooded the market with unregistered shares. Any idea what type of sale an unregistered share shows up as when traded?

As I said earlier, sure there were few, some or many "naked shorts". That isn't what killed the company.