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Can you answer my last post PLEASE!
ID
I never got an answer to this.
If reverse split goes to a float of 1-2 million shares, HOW can they short or NSS with so few shares to trade to get this price below $5.00 With an O/S of say 5 million shares??
People have said that the NSS will buy back a good share to give to the bad one. Well There are many in this new flaot that will NOT SELL below say $10.00!! So how can the Share price go DOWN post split??
It does not make LOGICAL sense!!
Waiting patiently for a response to you and anyone else!
TY
ID
They do not want to let the NSS off the hook!!
They stand to make millions!! Why would you let them off!!
It is that a lot of people are selling out of fear!!
It is hard to buy EVERYTHING!! but are trying, they do not want to risk this from going lower than 0.04!! Then no possible way to go on NASDAQ!! just a longer road if below. They want OUT of HERE!!
ID
Not true MANY LONGS in here as well!!
As no BS said surprised the shorts today that it did not go down further!!
That is why they are out in a BIG way TONIGHT!!
STAY LONG and we will be rewarded!!
ID
If O/S was 200 million at $0.005 it would only cost the company
ONE MILLION only!! easy for NSS to cover!!
ID
Does any one know how much AYME
bought today?
Please and thanks!
ID
The NSS are sure trying to push down They keep selling shares!!
They are digging a big hole!!
Personally I hope that SM and MM say if you want our shares will want a min of $25.00 each pre split or $2,500.00 POST split!!
They have caused so much grief for all!!
It is like getting STRESS money!!
ID
Than you coffee break now!!LOL
Need my FIX of SPNG as well!!!
ID
Probably yes!
When their 10-K come up they will need to be reaudited as well!
ID
10- Q not audited! 10-K yes!!
And likely they will have to when anual comes up!!
ID
It istill is not late until an E is after SPNG until then they have 5 days to SEpt 21 as 20 is on Sunday to file yet !!
ID
No they have to reaudit last years 10- K
from June 1, 2007 to May 31, 2008 Only
ID
No I mean booked sales from Sept. 1-15, 2009.
ID
Do you know any info on sales to sept 15, 2009 has been posted I am on lunch break!
Yes you may be right not selling any time soon then!!
THank -you
ID
And a re-audit is WAY quicker to make than an audit from scratch!!
ID
As 2009 10-K is done!!
I am sure they are doing overtime for the 2008 re-audit as they have a plan as right from the beginning!!
THey will try very hard not to keep delaying this!!
ID
No only the last year of filing 2008.
Read SEC filing again and news announcement!!
ID
It is not delayed an an E will not cme out till 5 days after Sept15 ,2009
That means if they get 10-K out by SEpt21 as 20 is Sunday the reverse split still can go through on Sept 22!!
ID
I am hoping they do not sell
And give a dividend instead!!
ID
That may not happen until 5 days from now
Sorry THE 21 of SEPT!!
ID
They will if it is done by the morning of the 22!!
And then you shorters will be CRYING!!
ID
To me this is the last deal in poker!
Either you are all in or FOLD!!
But if all in you take your chances!
This is all in for me!!
GOOD or BAD!!
We will see at the end!!
Hoping I am right!!
ID
It is amazing to me that SPNG goes
DOWN and GFGU goes up today!!
SPNG still owns Approx ? 16 million shares!!
Therefore How can this stock go to $0.05 a share when their
investment is worth HALF the market cap??
I am Even bleeding ++++ at this time!!
This company is the real thing!!
Even if They lied with the booked orders to only half of $70 million
This COMPANY is under VALUED!!
Even if 10 K is late
This may be a once in a lifetime shot!!
Because when it is all finished THIS stock will not Be under $1.00!!!
If I had ANY MORE money I would be BUYING as much as I COULD!!
ID
Does any one know if AYME was
buying today? and if so how much today or was it kept up by private investors?
ID
0310 does that not mean March 31, 2010??
Why have it on the doc of SEC then??
ID
Why does SEC say as my previous post say CHANGE in FISCAL YEAR
And where did this come from
From the actual submittal file for the 8K filed 9-11-09:
<SEC-DOCUMENT>0001144204-09-047948.txt : 20090911
<SEC-HEADER>0001144204-09-047948.hdr.sgml : 20090911
<ACCEPTANCE-DATETIME>20090910190339
ACCESSION NUMBER: 0001144204-09-047948
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20090909
ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION: Financial Statements and Exhibits
FILED AS OF DATE: 20090911
DATE AS OF CHANGE: 20090910
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPONGETECH DELIVERY SYSTEMS INC
CENTRAL INDEX KEY: 0001201251
STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
IRS NUMBER: 542077231
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0310
Please explain!
Thanks
ID
Sorry for your limit to 5 posts!
If this is not important info for all to see,
does a Private post count as well if not PP me instead.
From the 8-K dated Sept. 11, 2009
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Does what my 2 posts on 198051 and 198047 apply? to the messenges that I applied to?
1) New year end date
2) Are D&T responsible to filings after Sept 1, 2009
Thank you in advance for your response either way!!
ID
According to that D&T WAS HIRED by SPNG EFFECTIVE AUG 24, 2009!!!
So all filings after SEPT 1, 2009 are the resposibility of D&T
with there blessing!! Including their amendment dated SEPT 11, 2009!!!
ID
SHORTER YEAR WHY??
Made on advice of D&T, made after Sept 1 ,2009
Must be excellent numbers to shorten the year end ALREADY!!
SHOWING ALL SUITORS what they can expect in just 3 QUARTERS!!
ID
That is PERFECT !! why shorter year??
TO much MONEY IN THE MAKING. Pay less taxes!!
ID
But DT is now the account firm post MAY 31, 2009
That means this 1st quarter as of after June 1,2009 would be THEIR ADVICE ie they are responsible for this FILING!!!
This filing was made after SEPT 1, 2009!!
ID
My hunch is that post split float is 2million shares, Best is 1 million
And I HOPE they go through with The reverse split!!
WHY?
Even if post split the share price is $10.00,
There is NO way that NSS and shorts will short this!!
How can they with so few shares!!
I still will not sell!!
After 1-2 weeks they will realize that they have to pay back the pre post shares..
Some say they will buy back the post shares and pay back the old ones!!
How can they THERE are only 1-2 million shares to convert..
That is the same as AIG!!
Only thing is is on a very SHORT time line.
MOASS will happen at this time!!
If I was a shorter, I may short after but NSS very hard to do with only 1-2 million shares after split
SEC would have to investigate and charges would HAVE TO BE FILED this would be in the news and HEADS would have to be accounted for.
If I was a short COVER now not later!!
ID
I think they have the same problem we have with NSS!!
ID
Exactly, HOW CAN NSS and SHORTERS short??
With so few shares!!
This sp can not go DOWN it can only GO UP!!
ID
But if they are using them for H1N1 they nead FDA approval!!
They can not market it for antimicrbial to kill things if not TRUE They would set them selves up for a huge law suit!!
I am only asking if they sent this on FRIDAY OR SAT does any one know????
I am for it if it is correct THAT WOULD BE HUGE!!!
ID
So then how can they ship the sponges for H1N1 Then??
Read the other posts??
ID
QUESTION IS AS POSTED TO ALL
Posted by: ID Supermoney Date: Sunday, September 13, 2009 2:51:33 PM
In reply to: 1jk1 who wrote msg# 196545 Post # of 196701 [Send a link via email]
Can any one verify the anti-microbial shipment on Friday or Sat?
That would be HUGE news!!
?PR tomorrow AM about that??
Would not an anti-microbial sponge for medical use have to be approved by
FDA??
Please comment and thankyou.
ID
If the 10-K comes out early tomorrow say 08:00AM,
The german stock exchange will give us a clue as to what may be the open in NY there may be a big gap up!
ID
Sorry not t trade on a form-T on the trades site.
And in millions of shares not Dollars.
Look it up please! I am still learning on I-hub.
Tx
ID
What do you make of the last T-trade at the end of the day where one buy of $4 million went threw and one of 2.9 mil right around 4:20 PM? Anything ?
Good or Bad?
Or just a trade earlier going threw?
Thanks for you opinion!
ID