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Look at the bid. It's down to where I bought it .017
Demonstrably false. But quite funny though!
No dude try taking an english reading course (or an elementary logic course), then reread my post, and get back to me if you still think that's what I said
:)
GLTA SPNGers
I agree what a bummer man the market's been open for a whole 180 seconds and we're only trading at +17%
If this was up 300% people would probably still complain that it wasn't up 400% lol
here we go!
That is irrelevent because management was OPEN and HONEST about this one-day delay FAR before it happened!
They've been telling us over and over about April 15th. Why are you asking ME what the 1-day delay was about? Did you e-mail THEM?!?!? Please post for all to see.
If you didn't, well...you clearly don't really care about the answer to your question then :)
It is late by "official" standards. But by the company's OWN TIMELINE, it is thusfar RIGHT ON TIME (e.g. they have stated, repeatedly, that it will be released on Wednesday, 15APR. This means it could also be released during AH today)
Which is entirely different than it being unexpectedly late.
If you did not expect this one-day delay, you obviously have not been following along with the DD that has been going on.
LOL!
I love it! People try to seize upon the FUD about the report being LATE, when in actuality management has been saying ALL ALONG that the report will be out today, and judging from history of 10Q filings, will be out in AFTER HOURS!
Oh my goodness it's ONE WHOLE DAY LATE JUST LIKE THEY'VE BEEN TELLING US FOR DAYS AND WEEKS!
Company has been following their own timeline to a tee. Yes, by official standards, they are exactly one day late. But if you expected the report to be out yesterday, then you would be disregarding everything Steve and IR have been saying about the 10Q.
and check out those REVs!
AH = After Hours (after 4PM EST)
Fantastic News!!!!!!!!!
Also keep in mind, the last time they filed a notfication of late filing (which also happened to be for the same quarter) they released the 10Q in AH as opposed to days later.
Combined with Steve's e-mail responses and SPNG's IR responses, this signals a release in AH today.
We'll all be waiting with baited breath...
Prediction for tomorrow:
Bashers flood the board and consistently rehash the supposed A/S increase. Predict doom and gloom on the 10Q. PPS opens high but trends lower. Bashers seize on this movement as an indication the 10Q will be substantively disappointing.
As EOD nears, PPS continues to fall as MMs continue their manipulation to accumulate cheaper shares and scare weary investors into selling prior to the release. Bashers cite this as evidence of a poor 10Q. As EOD approaches, they claim that because the filing has not been released, it is (or will be) "late."
5:30 PM EST: The 10Q is released. O/S ~ 720 million. Excellent revenue reported with zero debt. PPS jumps upon market open on Thursday morning and continues to climb as new investors see evidence of real, substantive growth, and a massive increase in sales by the time the next 10Q is released.
Just my 2 cents.
Owned.
Thanks carp for the clear and concise explanation! I was more of a political science guy, but that was a pretty good explanation of some basic accounting. Hope others can learn from it too so they can better evaluate SPNG's progress.
Bought 441,000 @ .0221
Waiting for the 10Q, and NOTHING is going to make me sell before this. With this share structure, these earnings, these orders and reorders, and these advertisments, you'd have to be nuts to even consider it.
Bought 441,000 today
I'm in total agreement.
You see them conveniently disappear for days on end when we do well, then they all come out of the woodwork during dips to spread FUD.
No matter. Longs who have done their proper DD ought to feel extremely secure in their investment here.
April 15th will come soon enough :)
Agreed.
The only ones complaining about an 8.79% gain in one day are the bashers ;)
Yea no problem, its the CVS in K-bay. Didnt have my camera at the time but I'll head out at take some pics this afternoon (yes the market opens at 3:30AM here so I was up to make sure we didn't tank like GNTA lol)
Also it's not 1 AM, it's 4:15AM now.
Aloha from Oahu! Spongetech is in CVS here on the island, just went and checked yesterday after work
and with the weather here, it's ALWAYS car wash season here in Hawaii :)
DarkLady,
Can you comment on how GNTA's run almost mirrors SPNG's run, even though that company doesn't have anything remotely close to SPNG in terms of profit or product?
Another victory for the good guys
This is one of my favorite things about trading (besides making money!) is watching all those shorts that pestered so many longs for so long...watching them disappear and hide from the message boards as they lose money and hold their heads down in shame
This is just the beginning, my friends. Wait until April 15th!!!
Looking foward to seeing the trading action in the run-up to April 15th!
As an aside, I just want to remind all the longs here that we clearly have a good thing going with this stock, and sometimes it's best to just not respond to some of the more assinine posts made by detractors on this board.
Certain individuals are paid to spread FUD on message boards like these, and are often paid by the number of responses they can elicit. In this case, harping incessantly on subtle nuances of the company is one way that these people get longs to respond.
Probably best to just ignore them (or parody them, haha) so that when new people come here, they don't see endless posts arguing over the meaning of "USD" or dollar signs or whatever else. JMO!
GLTA longs...we will be rewarded when the numbers come out :)
Great post Z
940,000 SPNG @ .0071 and planning on adding more (funds just cleared)
I listened to the bashers when the stock was at .0061 and didnt buy it...then was kicking myself when it ran to .009+
This time around, I've had time to do some DD,...and I'm glad :)
Dude I totally agree with you. But look - corruption is more rampant than you think! Check out the Segment Operating Results from GOLDMAN SACHS latest 10-K!
http://investing.businessweek.com/research/stocks/financials/drawFiling.asp?docKey=136-000095012309001278-6C6IC7CINU4493MK0BL7Q9DCA6&docFormat=HTM&formType=10-K
Notice anything strange? They ONLY have dollar signs in front of their numbers! That's it! No "USD" designator!
That dollar sign can represent anything...the historic Spanish dollar, the present-day Australian dollar...the legal possibilities are endless!
Goldman Sachs is clearly gearing up for a lawsuit one day where they will claim their profits are actually demoninated in AUS dollars
Tattle, that isn't the half of it. Check this out:
SpongeTech® up from 9,000,000 USD reported earlier to 11,000,000 USD and still Growing!
NEW YORK, March 27 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News), is pleased to announce that sales are growing for March up 11,000,000 USD from 9,000,000 USD that was reported last week. The continued increase of sales is due to additional purchase orders from new and existing retailers and a jump in internet sales. The Company expects to see sustained sales growth as we move into the "spring cleaning" season and as more and more Retail Outlets Begin to stock our products on their shelves.
1) Sales are up from 9,000,000 to 11,000,000. Now divide both those numbers by 1,000,000 and you're left with a jump from 9 to 11. 9/11. We all know 9/11 was a conspiracy, so this obviously is a subminial messages to MMs that SPNG is a conspiracy too, and they need to short this POS down to nothing and share the profits with Steve.
2)Take the first letters of each word of the phrase "retail outlets begin". What does that spell? ROB! This company is clearly planning to ROB shareholders.
But THAT'S not all! Check this out:
"...iS pleased To annOunCe that sales are growing for March up 11,000,000 USD from 9,000,000 USD that was reported last weeK. The continued increase of sales is due to additional purchase orders from neW and exIsting retaiLers and a jump in internet saLes. The Company expectS to see sustaIned sales growth as we move iNto the "spring cleaning" season and as more and more retail outlets begin to stocK our products on their shelves."
What does that spell? Why...none other than "STOCK WILL SINK"
You longs have been warned...
Dang...SpongeTech has some nice-looking spokeswomen...
must be following in the footsteps of Fox News :)
You Fools!
http://en.wikipedia.org/wiki/Concurrent_Versions_System
THIS is the CVS where our sponges are going to be sold? Check out the description of CVS...
"In the field of software development, the Concurrent Versions System (CVS), also known as the Concurrent Versioning System, is a free software revision control system."
A FREE software revision control system! These boys are going to be giving our sponges away for FREE! They won't be SELLING them! How will this possbly generate a profit?
How am I doing so far tattle? I know this is my first attempt at bashing, but I could use some feedback...
;)
I will also enter into that wager on your side, Happy.
If an R/S happens by Q1, I will cease posting here for 30 days.
Let's see if these guys back up any of their talk.
I'm dumbstruck as to how exactly you could possibly deduce my level of naivete from that one message I posted, but whatever man. Good luck to you too.
Btw, it is your instincts thusfar that have been wrong. Under .007? I don't think so...
Bought 950,000 yesterday at .0071 and plan to add more tomorrow! Read through the company's history and structure and this, to me, is a no-brainer.
April 15th awaits...
i believe that it should be: "punctuation"
It is a word commonly spelled incorrectly by pompous jerks often wishing to denigrate the trivial mistakes of others in a vain attempt to bolster their own intellect.
right?
i'm just kiddin pal ;)
Resistance at .0071?
I've had an order for 950,000 shares @ .0071 for the past 3 hours.
As of 3:05PM only 15,000 shares have filled.
SEE YOU AT .005 BOYS!
j/k. This is a great company with a solid product behind it and a good business model, and I just really need some cheap shares! Go SPNG!
I'm buying big tomorrow...stock is FAR undervalued and due for a bounce very soon at this pps
OMG SELL THIS POS IS GOING TO ZERO
Just kidding haha, I missed the boat!!! Guess I'll be buying in around .0175
GO GNTA!!!! To .02 at LEAST!
Calm down dude, and take the CAPS lock off.
This is a .0001 stock that you don't even own. Why doth thou protest so much?
Just got the shareholder letter from Carol. I was impressed with the company's plans, but also remain cautious and will not fully believe what the letter says until it comes to fruition. Nice to know Carol sent out these letters, and also makes no sense for her to risk mail fraud by doing so if she is still planning on scamming everyone.
That being said, I see we still have a bunch of people posting negative things daily, which gives me great confidence that there is still much interest in this unique little 0001 stock, and it probably won't go away anytime soon
Though I doubtlessly share your professed optimism, I'd admonish you to accompany that portentious remark with a caveat.
I agree with you but I'm not so sure that one buy means much.
Well in light of the Supreme Court's recent view of eminent domain...
Just kidding. Good example, makes it easy to understand.
No way, not even close!
HCPC hasn't been shut down, trading hasn't been halted, Carol and Ed aren't in jail, it hasn't done an R/S, they haven't absconded with everyone's money, they haven't been convicted of any crime, and HCPC is far from dead (notice the obvious interest by so many in this IHUB board).
Still many possibilities left for HCPC, as has been mentioned previously.
Easiest way to tell: We still have people daily saying this is a dead stock. If it were truly that way, it would be obvious to all and wouldnt need to be reiterated multiple times a day by multiple people. This is a .0001 pinkie generating LOTS of interest by a select few.
Stick with it, and we will be rewarded in the end. Since last December people have been telling me this was dead, but I would still make money on every bounce! Cyclically, this is what has happened with this stock.
All we need to do, just like before, is wait
I'm sure some posters will attack this post, but the swiftness with which it is done just proves my point about this stock
Eight years? How about just the results of the pending trial? Of course, if you simply don't want to take the offer, I would understand.
The 28th may bring some new facts to light