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z4: Question re 100,000 retail locations at the end of the year. Do you know if the COO/CEO is referring to end of the calendar year -- this 12/31, OR the end of fiscal year 2010 next 5/31/2010? Thanks for any clarifation you have.
crash: (1) In your example, I doubtg there would more than more than the one "Aunt Nellie". That is not a logical answer as it takes months to get cert. anyway when purchasing. I do not believe tha ANY of the FTD shares are on the long side.
It is impossible to NSS in US if they are set i[ legally, otherwise if not. Also, according to Bil most of NSS are from Singapore. I am sure that in this day and age with current technology that those Singapore NSS, if they exist, emmanated from an USA fund of some sort. It's not rocket science to trace. And whereever the NSS emmanated from, if certain SPNG events occur, what ever they are -- surprise to you and me -- then the much anticipated short squeeze will occur, and the NSS will have to cover and the US controled NSS will surface, IMO only, of course. Not rocket science.
hasher: There has been no 8k filed with the SEC as to the 2.75 bil. A/S or 2.5 or whatever amount the Del. SOS shows. Thus, until an 8k is filed by SPNG with the SEC there is no "official" increase in the A/S. Mgmt. has not lied about the A/S (which are meaningless anyway) decrease to 900 mil. until you see a 8k as to any change in the A/S from the last 8k on that subject. Thus, there will most likely be a 8k filed re A/S to 900 mil. and 500 O/S at or about the same time as the 10k. Until then anything you say otherwise is false, IMO. The Del. SOS has different requirements for its corporations than does the SEC.
help me: Do you have any opinion as to how high the price will temporarily rise to due to the short squeeze -- assuming it happens? Thanks
crash; Please explain to me how there can be a FTD as to long shares. Thanks. The FTD list only perrtains to those shorting a stock.
And you are right, IMO, that many of the FTD shares are not NSS. However, there is a massive NSS of 1.5 billion according to Bill Young, as indicated from preceding posts. These NSS do NOT appear on the Reg SHO list.
funmoney: I too watch for SPNG ads and enjoy You Tube showing of MLB outfield signage, as well as all the newer stuff.
As for the question you asked me in PM I'm not a premium member and can't give you a Priv. Reply. But, I've set about 17 thou. 15-20, and 26 thous 21-25, and 10 thous above that -- expecting all within next month or so, not 3 years. If I don't sell all during the hopeful squeeze, no biggie, then I will keep for longer term. This company will be enormous with all current products and future products. It's worldwide reach is brillant and keeps revenue stream for car sponge up as its always winter somewhere in world. And bath, and pet sponge are season proof. People love their pets. Dicon's 40 added products, plus hopeful medical sponge will be great sellers.
And finally if I sell all if anticipated squeeze occurs, then price will settle down -- hopefully to NASDAQ or just above NASDAQ listing price -- at which time I will buy all my shares back at that NASDAQ listed price, but retaining the profit made from squeeze. That's my plan anyway.
Hopefully this will not be deleted as being off topic. I did not know any other way to reply to your priv. mail without being a prem. member myself.
Gas: I agree 100%. Go SPNG. Stay strong. Stay long.
stoxmagic: Total clarity in your SPNG post, as usual, and excitement anticipated for SPNG S/H's!!! THANK YOU VERY MUCH. And again! Marvelous, simply marvelous...where have you gone Billy Crystal?
smokey888: Re: Events subsequent to 10K (5/31). In reply to your Post#164324 of course the 10K will only reflect A/S and O/S as of 5/31/09.
However, do you think that SPNG will include under Subsequent events the current share scructure to reflect the 6/27 press release, and to reflect the 7/9 Dicon purchase. You don't think we will be left hanging until the 10Q on those events, do you??
I think everyone is counting on inclusion of those events, reference thereto, in the 10K, so as to elmininate confusion and lift off the constant bashering on the current share scructure. The bashers are getting pretty accusatory, IMO.
xDrewx: Michio Kaku, "Physics of the Impossible" -- Parrallel universes, a Class II Impossibility. Sometimes such as today I feel that with all the SPNG bashers appearing in force it feels like I am in a parrallel universe. I would like it if the bashers kept away from accusing mgmt of being liars in all areas. This is so unfair and untrue and frustrating for me. And with multiple posts on the same worn subjects, the SPNG bashers will go to any lengths at this late date near the 10K. It's an awfully negative board today, hard to keep proper SPNG discussions about the issues. But I guess this is what we have to look forward to until the 10K is filed.
Crate: I like it!
IIh222: Sticking to early the 24th, 25th, as guesses in my Post#164570. I'll stick with other guesses there also. Shorts surprised earlier it is, IMO. GLTY.
vice: I doubt if there will be an extension. 2 posters called Bill in IR and he said 10K will be on time -- if you can believe that, which I do. And, if anything, the surprise element becomes utmost of importance for any squeeze -- those unprepared will have to scramble quicker than anticipated. Just my amateurish take. I'm happy with my 53 thousand shares- all I can afford, don't need anymore.
I forgot -- guess no.(6) I think sincerely that the SEC will get involved somehow into the NSS situation and that it has been following our situation as it is too blatant, IMO, and the regulatory environment is definitely changed.
no_BS: I have a few guesses. (1) I think the 10K will be filed early in the week of the 28th, such as the 24 or 25th. A surprise factor for those NSS gearing up for last minute. (2) I think the 8K will be filed about the same time to give the NSS no advance warning as to the share scructure. All with corresponding PR's filling in the blanks, including updates as to projections to 10Q of 2010. ( 3) I think like you that the 10K will include in subsequest facts the Dicon purchase, and share reductions. Then (4) I think that there will be some surprising PR's which will blow this thing up, up in PPS, leading to the much anticipated short squeeze. Finally, (5) all of the above could even occur sooner than what I think. In any event I doubt if mgmt will wait until last minute on 8/28.
SpongeBob2010: CHILL as to the Reg SHO list. It's not up to you to demand that SPNG mgmt. do or not do anything. The CEO and COO will do what is in the best interests of the "shareholders" collectively and not you as one shareholder. SPNG has done everything correct thus far, IMO.
Anyway, mgmt could do no more than acknowdge the existence of SPNG being on the Reg SHO list. Mgmt. can't waive a wand and have itself removed or demand to anyone it be removed. Any PR would merely be stating the obvious. What good is that?
So, what would you have SPNG say or do if it were up to you to do something? How would you remove them? What, give me your thoughts -- instead of just complaints and more complaints about the same issue.
ok. thanks.
Arnold: Actually, I just updated my Schwab again and it shows last trade on Schwab as .143. Either .143 or .141 is better than .14 even
Closing Price ----- REPLY to No One. I know the final trade at the bell and for a few minutes after was $.148. However, my Schwab prices show it closed at $.14 even. Of course that is the MMs manipulating it again at the last moment. Frustrating for me -- takes some of the excitement out of the real strength at the end of day. Oh well. Tomorrow, we'll break .15+, and close over .15
WEB: Thank you. EOM.
Web: From what I understand from his cryptic emails on July 14 I think is that he plans to hold out for much higher than $25. I would think that the shorts would have to walk the price up to meet his demands if the NSS want to cover. What do you think on this issue? Do I have it confused?
Web: Question -- why do you want to be out before DF if you think he is beginning selling at $25???
z4lover: Reply to Post#163777. Z -- excellent post; very thoughtful and well reasoned, and any one or a combination of your scenarios for decreasing volume could be occurring -- or even something in addition or.... Anyway. Excellent post!!!
no_BS: VERY WELL PUT!! I am, of course, in the same camp as you are. And it is easy to tell who's who, and the the posts are getting very boring.
Another point I wish to make is that I have never seem so many impatient people before, meaning no disrespect. All of you demanding Mgmt. announce the 10K now, and get involved in the Reg Short list issue, etc., etc. I truly believe mgmt. fully knows much, much better than any of us what to do, when to do it, and for what reason(s). Mgmt has shown they are superior at what they are doing. We are closing in on the end game, and hurrying whatever SPNG's game plan is by our impatience is rather not only silly, naive, but directly works against our collective investment interests. So -- patience grasshoppers, patience, patience. If you can't be patient, then just turn off your darn computer and do something else, as nothing you post or say will have any effect on what mgmt will do -- all you are doing is working yourself into a frazzle.
power forward: You have no factual evidence that there are no NSS now, or were, or will be in the future. To the contrary SPNG management seems to have such evidence that the illegal type NSS position exists to drive down the price of the stock as opposed to making an orderly market. If you state there "will never be" NSS presupposes you know something specific about the subject. We'll just have to see when the big squeeze occurs as to who is right.
hasher: Reply to Post#163096.
You have no actual verifiable factual evidence of anything you state in this post. You have no credibility.
Whereas, everything SPNG has stated in its PRs it has done subsequently.
ABrowns: By the way I enjoy your posts re SPNG, as I do for no_BS, and of course stoxmagic. I look forward to stoxmagic's next chapters in this SPNG drama. He/She has so much knowledge and insight into SPNG's present, past and future situations. I forgot to include happy. Thanks to all of you for your SPNG postings.
ABrowns: I've been to Seattle, you do in fact trip over coffee places.
Do you think that SPNG has production lines at this point to meet all demand, including big orders from Walmart. They just have new deals with other retailers, Sears, B&Js, etc, and with those plus not knowing what reorder rates will be over time frames on all fronts, plus roll out of SpongeBob. Do you think Walmart is a good thing at this time? Just wouldn't want mgmt to stumble. But as I said earlier, mgmt knows best what it can do and when it can do it.
fxchat: Hopefully the price will increase as you say, and many of the PRs would be nice. However, as for Walmart, it would cut into SPNG's profit margins and undercut other retail outlets already carrying products. It be almost like canabalizing the product profit margins -- sort of like opening too many Starbucks in close proximity to each other. Also, Walmart might put a strain on the production lines and cut into distribution/deliveries to other retailers/wholesalers, such a B&Js, Costco, Walgreens, Sears Canada, etc., not to mention SPNGs direct TV sales. SPNG has a lot going on in many areas and does not want to disappoint any of its new big customers. So, I think having Walmart later rather than sooner is much more positive, IMO. But, of course management will decide when the time is right -- if a deal can be struck with Walmart. Management timing has been strategically perfectly genius so far in my view. Note: I think I first learned about SPNG from one of your posts on the Google board. This board has much better discussions re SPNG and all in all less bashing, and no abusive language.
BRIAN34:Reply to Post 162813 of yours. Assuming you are sincere in the poinsts you raise I will try to reply to your concerns: (1) The share reduction can be included in the 10K due 8/28 under Subsequent Events section -- events occurring after 5/31/09. And if you have been reading posts this evening you will discover that SPNG IR person informed 2 S/Hs the reduction to 900/500 will occur. (2) you do not know if the price will not be above .16 until walmart, or 8k, or 10K. I beleive you will be very surprised indeed as to what's going to happen within next 2 weeks, I think company has lots of surprises for all of us S/Hs. Also, the phantom shorts covering/anticipated squeeze is a will card -- not knowing if or when it will occur, and prior ro subsequest to or simultaneously with 10K. (3) The 10K will NOT be delayed. SPNG IR person told 2 S/Hs revealed in posts this evening that the 10K will NOT be delayed. Please read earlier posts. (4) SPNG management have employed competent and very experienced securities' laws attorneys who make sure filings are done when they are supposed to. Unless you are a securities law experienced attorney, then I suggest you leave the proper filings to SPNGs SEC attorneys. (5) No new money is going to come to SPNG until probably after the uplisting to NASDAQ because funds usually can't invest in penny stocks. There is --from reading specific posts -- big money waiting to pounce on SPNG once uplisted. And I understand from postings brokerages which will be following SPNG will be rating SPNG a strong Buy once uplited.
You invest as you wish -- buy or sell at whatever time, it makes no difference to me, that is your decision. I'm trying to help you with your concerns, and suggest you go through earlier posts and verify or not what I have indicated above. In the final analysis you analyze events as you perceive them and interpret things. Just make sure you have all the information to your satisfaction.
Spongie: I'm still not sure how the NASDAQ listing would effect my for example 20,000 shares held long after squeeze and NASDAQ listing -- if they are presently part of the "float" which does not exist?
stoxmagic: Great insightful, informative post (#161320) as usual. Thank you. And thank you for the kind words!!
I have some questions and comments about the SPNG lising on the Frankfurt (I think) exchange. Please bear with me while I set this up. In reading this comprehensive article regarding "A Naked Shorting Primer for CEOs" linked to the message board on 8/6 and appearing at http://www.americanmicrocapinstitute.com/featuredcolumn2.htm -- it states in pertinent part that after the malicious fund identifies a targeted microcap for naked shorting malicious fund gets the microcap on a foreign exchange via a reguest funneled through a complicit broker or official in that country. Then malicious fund sells naked shares, waits for 3 days for DTCC to call & ask for shares. Malicious fund replies EITHER it borrowed them on the foreign exchange, e.g., Frankfurt, and, they'll take some time to get here, OR malicious fund states it is market maker for the microcap in e.g. Frankfurt and NSS rules don't apply there. The DTCC then loans the fund shares from its inventory, charges broker a fee until stock is repaid. Malicious meanwhile contiinues to drive price down illegally.
What can the microcap CEO do -- monitor the foreign, e.g.,Frankfurt, exchange. IF microcap DID NOT REQUEST A LISTING there, it might be a problem concerning the NSS. The article suggests that the CEO should request removal of microcap from that foreign exchange immediately, and keep asking until it's done.
Given the above, my questions are (1) do you know if SPNG asked for listing on the Frankfurt exchange; (2) if not do you know if SPNG wants to continue its foreign listing or has requested removal; and (3) if removal has been requested do you know or could indicate status of such request.
Thanks for reading above and for replying -- IF you have time, if not no biggie. Thanks.
NOTE: The above scenario is only a ficticious scenario on my part and does not imply anything about anyone or firm or suggest that anyone did anything improper in any way.
Gasinvest: HELP with QUESTION -- If there are no legitimate shares left, and we are only trading on phantom shares as you say today per post #161484, then assuming I keep a portion of my shares for the very long term, such as 20,000 as an examply, after the squeeze and all events in next month or so, including the NASDAQ listing -- will I own proper 20,000 shares in SPNG? In other words will I be a SPNG shareholder of the 20,000 shares or not? I want to continue to be a SPNG shareholder for years to come.
Money: I have no idea what you are talking about or referring to. I've not directed any email or post re SPNG to you ever. (??)
no BS: thank you so much. It is logical. Thanks again.
no BS: Would you have any guidance as to the questions I asked Gas in Post #160852? Thanks.
Gas: Question. Holding tight for the squeeze with my GTC orders set at different prices for my mere 48,300 shares. When the events start what happens if the so-called hedge fund/mm's/brokers-dealers run out of money on the run up before all GTC sell orders are filled, and they in effect are bankrupt? If there are a billion phantom shares, plus legal shorts, and no float at this time then... what?? If D.F. and Group holds out for his prices and the orders can't be filled what happens? What happens if my GTC sell orders can't be filled for reasons indicated above?? Any help, thanks.
Carp: SPNG's financial success will be there transparent in its 10K filing. NO one can argue with the audited numbers, especially with those audited by the firm SPNG chose. Big money investment firms can see SPNG's success quickly. Then the topping will be Qtr 1 of 2010 results which will surpass all of '09. That's when the influx of outside money will come in to snap up shares.
Carpedein357: SPNG CEO/COO marketing geniuses, and business visionaries. What they have done in such a short period of time is truly remarkable. The timing of it all -- the nearly daily PRs, concise with substance, well placed sports ads, just genius!!
SKYDIVERS01: GREAT INVESTMENT REPORT re SPNG!! Thank you. If you all have not seen it skydivers has given a link to a NEW investment report by Atlas Editorials Blog, 8/7/09. VERY POSITIVE.
Skydivers post is #160734. Everyone should read it. Will help for Monday's price -- hopefully.