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Repeat of yesterday? I think it will do better than yesterdays close. .20 up next. Thursday and friday should be even better than today! Next week - insane!!
Loving it!
Still on Reg Sho
50 Million shares!!! 1 hour and 15 mins!!
Can you say covering???
7M+ shares traded already?!?
DOW +64
Gotta start somewhere, but I agree. My sells are much higher than $20 though!
Lets get out of this .142 area today!! Can we see .17s today??
How many companies does D and T audit on the OTCBB?? I bet not many! Nasdaq in future... 2010!?
http://corp.delaware.gov/contact.shtml
Use entity information...goes to live chat
YES!!
Chat InformationRouting your chat request to a Corporations Information Center Representative . You are person 1 of 1 waiting to be served. Important: Please do not provide sensitive information (such as social security numbers, etc.) while chatting.
Chat InformationYou are now chatting with 'Kim' with the Delaware Division of Corporations Information Center.
Kim: Hello, Please hold as I review your question.
Kim: 900,000,000 common 25,000,000 class b 40,000,000 pfd at .001 par value
Ryan: thank you!
DOW +91
I can believe that... a mini squeeze with some covering only to establish more shorts in the .28 area. And then the numerous FTD's and Reg SHO listing that followed. That makes sense to me.
Yes, all could be very good...I was just picturing a little more pain for those short!
Wouldnt that make the illegal shares legal?? Would the co then benefit directly by obtaining cash or issuing shares. True share holders wouldnt benefit from any squeeze and then they would have a true 2.5+ B O/S. I dont like that option IMO.
A deal huh? Possible explaination for the A/S increase? Wouldnt surprise me
What made you change your tune, again?
DOW +43
Have the bashers subsided, seeing that their post have not been working? The days leading up to today, they were in full force, now upon the 19th day on Reg SHO, they are quiet? As I found earlier, Ken Fisher ("How to Smell a Rat" Author) is invested in SPNG. Good times ahead, show me the 10K!
Still on Reg SHO!!!
Did anyone else notice this?
Saw an add here on ihub for "How to Smell a Rat" - by fisher Investments.
http://www.smell-a-rat.com/author-ken-fisher/default.aspx
The same Fisher that is an institutional holder?
http://www.nasdaq.com/asp/holdings.asp?symbol=SPNG&selected=SPNG&FormType=Institutional
Same address of Woodside, CA.
If that is not a sign, I dont know what is. Some one with that background, with a book about fraud buying SPNG stock!!
DOW +59
LOL Basic math can be tricky, is that what your riddle proves? 30-3-2 = 25 not 30-3+2. Debits and credits are confusing.
how did you come up with $100k per year based on that scenario? I calculate $50k. 500k shares x .10 dividend per year. What am I missing?
Thats even lower than yesterday!
DOW -89
DOW +22
Did you check it yourself? Did they misspell the word the same way? I have the transcript - I can email it to you.
I am long here and will continue to buy more. A/S means nothing. 10K will show it.
I agree, I'm buying more
You know how to read? it says A/S, not O/S
One last chance to catch shorty red handed!
Delaware A/S: According to the records of this office, the last stock change occurred on August 13th, 2009 and the current stock for SpongeTech Delivery Systems, Inc. is as follows: Common is 2,750,000,000 shares; Class B is 28,000,000 shares and Preferred is 40,000,000 shares – all at .001 par value. Filing documents submitted to our office for filing are effective immediately upon filing. This is an administrative office and our role is to review documents to endure that they meet the letter of the law for filing purposes only. We do not monitor or police the activities of companies who submit filing documents to our office.
Something is up today along with the PPS
DOW +93
Still on Reg SHO
They dont believe it, thats why. They see PR (to them pump) and A/S increase after A/S increase and say "I know what this means" as they apply their logic to every other penny stock. This one will break them.
Did they 'use it up' or is it unavailable to short more?
Yesterday, which was the day after being on Reg SHO for 13 straight days