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Seems to me SPNG has been reluctant to put out good news. 1st time in months we didn't get numbers on sales, That's just one example.
But on the other hand the've been more then happy to dish out negitive news. Why???
I think whoever has been buying through AYME holds the answer...
No I don't believe in bigfoot, aliens, or the lockness monster.lol
That made SPNG look inept imo...
Invest in a company that is insolvent. Didn't they do their dd?
I have a question...
Why would SPNG elaborate the fact in their PR that GETFUGU was not able to pay back 1.7m at this time?
Could have said GETFUGU will payback SPNG the 1.7m at a future date. Or not mention it at all.
It seems the company can be overly transparent when it suite's their purpose, and a lack of transparancy when desired...
I think I know the answer, but like other opinions...
Finally someone making sence...
Remember were on our way to 300 million in revenue....
PPS is in the toilet, but doesn't represent fundys..YET
It's not funny but fact! The guy is an enigma. When he's ready.
The shorts won the day. The've won the battle today. But the war can be won by sponge whenever SM decides.
That's right noob. Long term!
Sure would like to know who AYME keeps bottom fishing for.
Hmmmm $1.25
Yea like they really need to dilute. Every time they raise the AS it's to suck in the shorts
Mingy,
I agree with you 100%. They will stoop to levels normal folk wouldn't even think of....
It was my hope the company would get taken out soon, forcing the violent squeeze, but after reading the shareholder letter it sure seems the company plans on being around for quite a while....
Either way we win. But SM should take the necessary steps to protect himself.
This not paranoia..this is the world we live in...
How about alot misleading!!!
I've deceided to follow AYME. Or should I say the big money buying through them...
If their buying with a possible RS hanging over their heads then I'll follow their lead...
vaaty intelesting...lol..
Hmmmm...If we were doing a reverse i'd think we would have to be on that list.....
Looks like no reverse split!!!!
There has to be a good reason for the investment. There always seems to be a motive for SM's madness..
I believe it will be revealed soon...
Well, the company is running out of time...better get that PR stating cancelation
Are you sure?...
I mean, are you really sure?..
I rest my case...LOL....
Sans...i wouldn't even put it past this management {who hate the short liars even more then I do} to announce the R/S to suck them in even further, then lower the boom...
There is presidence for this..How many times did they raise the A/S only to lower it later...
it's a cat & mouse game imo...
I'm in the camp that says the'll be no R/S
Hey no_biz,
I hear you rezide in beautiful allentown pa....
I'm right below you in lower bucks pa...
About an hour south...
spng headed north...
rdaily4...
I heard it could take weeks to file 10k....
We've all been wondering who ayme has been buying 100's of millions of shares for.
How about this theory...Let's say stoxmagic is correct and we are being bought. You think the buyer would be in the market buying as many share as possible to take advantage of the squeeze?
The only down fall with this theroy is it might be against regulatory law..
Thoughts?..Opinions?
public reply...
Private reply welcome...always makes me feel special....
Soapy was ayme buying today????
No, I wasn't welcome.....LOL....
Truth is Bill told me with the 10q rejection and the upcoming "E", everybody had their hands full....
If your refering to the r/s, it will most likely be canceled
70 million in revenue 1st quater...
People, both ladies and gents, young and old alike.....
2 weeks ago we were pushing 23 cents... What's happened between then and now...
Company announces reversed split to qualify for nasdaq
Company is tardy on 10k due to circumstances beyond companies control...
SPNG is continuing to grow revenue and earnings, increasing market opportunities, as well as achieving their 100,000 goal of stores selling product.
The 10k will be filed.
The nasdaq will work itself out
Share structure is dwindling
On th way to 300m in revenue
On the way to 60m in earnings
The problem is when we measure a company by it's share price.
I once owned a stock that had a market cap well above where the fundys said it should be trading. What happened? Once the street figured it out it fell like the house of cards it was.
This is the opposite situation. The fundementals are such that we shoud be well over a $1. But the street has not given us the proper value "YET"
And we know why don't we. Minipulation, shorts, panic, and the BB.
As the company continues it's rapid accent all these things will play themselves out, and the only thing standing will be the fundementals..
Were standing on very solid ground, and the pps will eventually concur.
Thanks..
I'm trying to get it touch with Bill Y. to make sure it's ok.
Don't want to show up unexpected...
Anybody know how close SPNG office is to Penn station?
Thinking of visiting the boys tomorrow...
Great... The shorts own the SEC....
LOL...
But a stock divy.. they would have to buy shares to deliver.
Thus bidding up pps to try and buy the shares to cover
Just trying to figure out company options to clear the illegals
A half a penny is still 7.5 million $.
Plus they would have to buy the shares putting upside pressure on the stock..
Yes..no...
I've read and heard that the company might give us a stock dividend in SPNG...
Let's say they give the legal o/s shares a stock divy.
If there are 1.5 billion illegals that would have to cover the divy having to buy the stock to pay those of us that own air shares...
Could that ignite a squeeze?
Thanks Rob...
Good news...
I agree..holding all my shares....
Just pisses me off now people like power have given ammunition to bash the company even more. Which i'm afraid will shake out weak hands..unfortunate
Power;
You just love to rub the salt in the wound.
So company was ntified by the sec on sept 11 that there financials would have to be re-audited.
Why have they been telling us it would be on time?
Am I missing something?
Don't throw out the baby with the bathwater
Look we know everything is great with SPNG..
The thing that pisses me off is the ammunition management is giving the bashers, shorts, and tomorrow the mm's.....