On the extension deadline date, this is what we get instead of the 10-K....


I hate to break it to you guys, the 10-K isnt coming out anytime soon. not today, not tomorrow, not before the R/S...

Honestly, the future of spongetech is so uncertain that you really wont know if the R/S even takes effect until Sept 23 and at that point, it will be quite interesting...to see if Spongetech management really just destroyed 75%-80% of its company's value....In the face of some of the strongest bull-market the country has seen in years...

Hmm, thats interesting that you think it could still come out today?

Yea obviously, SPNG is a huge let down.

I cannot believe the 10-K is not out. I doubt it will come out this afternoon...

Do you people really think its going to come out this afternoon?

This is absolutely destroying the PPS.....

Has no one contacted the company? This is utter insanity....

Yea exactly. Thats all it is to me. If they cant get the filing out, they cant even be taken seriously

How would he do that? Buy buying the float and retiring all the RME shares?

How can this 10-K not be out yet?

The R/S news is in the stock. People already know about the R/S. When a stock is above $10-$12 it can no longer be so simply manipulated, people cannot buy and sell millions of shares on whim. Its just the bottom line, the stock will not be able to be manipulated like it is while it is a penny stock.

The thing is, the R/S would be completely legit, and completely great, and even cause a squeeze, but the 10-K has to be stellar, and at this point, it isnt even released...

its really becoming absurd....I dont know what to think....I just dont know how much more unprofessional they can become....

its like they dont realize that every day they delay the 10-K, people arent forgetting about it, they are remembering more and more....

At this point, anything besides the 10-K being released is an insult to shareholders...

Yea, I know I sat here all weekend talking great about SPNG, but by with holding the 10-K, I just cant sit here and watch my profits leak away. At this point, to me its not about the tape, or the PPS, or revenues, of the fact they SAY they sell millions of sponges, but they JUST WONT RELEASE THE FINANCIAL REPORT.

I know Im going to make sure they dont steal my moneu. Ill make money else where so I can confront these fools.

If they can't release the 10-K, there is something seriously wrong. This is absolutely absurd shareholders waited for 104 days for the 10-K

HAHAHAHA, THIS POST IS TOO FUNNY.

YHAHAHAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

hahah ARE YOU KIDDING?! A BUY OUT IS ALWAYS 100% OF THE TIME USUALLY FOR MORE THAN THE SHARE PRICE,,,,

WTF ARE YOU TALKING ABOUT?

Im expecting the 10-K bright and early tomorrow morning....

Wouldn't that be the most logical conclusion?!

Your absolutely correct, everyone will be able to short it, it will even become marginable.... so longs and shorts alike can double up positions

Uh dude, Ive been around here long than you, and I have trades on SPNG when it was under .02 and .04 which will be reflected in my tax returns. Dicon was alright, but until we see the financial information in the 10-K, its meaningless....


The management at this point refeuses to "throw investors a bone" at this point....There are two conclusions left to make... Either they are hiding the information from investors, they are hiding information from the NSS...Either way, its OBVIOUS they are hiding information from someone at this point...but hard to distinguish is this is good or bad...Anyone who has way watched the Level 2 for more than a few days, its OBVIOUS that there are forces that are desperate to keep the PPS from advancing past .25 again....


Now regarding the 10-K...at this point, the 10-K is either going to come up Monday or Tuesday, or it will be delinquent.....

Going into an R/S with a deliquient 10-K would just be absolutely absurd on part of management who is compensated with shares that value the same as we are holding...
I highly doubt that the 10-K will be delinquent because it would just make the company look so worthless, that there's no way they would even hold the $4 PPS after the R/S...

The 10-K must come out Monday or Tuesday, if it doesnt Spongetech will surely be the laughing "stock" of the entire capital markets....It would be unfathomable that these guys would be into destroying the wealth they created.

Without the 10-K, the stock could never survive an R/S, so I see it very unlikely that we dont see the 10-K tomorrow morning.

look, for one, everyone thinks that is what is going to happen. When a large majority of people agree what will happen, that action almost NEVER happens, because other wise, it would be TOOO simple to make money....Its just never the way the market goes...

Stocks take a nosedive after an R.S when the company has been around for ages, is failing, has no cash flow, tons of debt, drowning in their own misery, and the R/S the only thing that will prop their price up...That is when the price dives...

Spongetech is the exact opposite....spongetech has never had a PPS of over a dollar, and that is why D&T has practically, (I feel), forced Spongetech to stop screwing around and just do the R/S so we can finish up with the OTC.


If your so sure the stock is going to take a nose dive, well then you should be setting yourself up to make alot of money shorting SPNG after the split...I mean, since the stock price will be high above $10, every single retail investor will be able to short this stock now...there will no long be much risk.

Obviously, if the 10-K goes delinquent, well all hope is lost, and I will be the first to sell Tuesday morning at the bell.

I didnt say it was the greatest thing that COULD happen, I said it is the greatest thing that HAS HAPPENED.

The first thought that crossed my mind when I read this post. If what Soapy Bulbble said is true, and the forms have been filed with FINRA, there MUST BE a statement of the present O/S in the filing.


I find it hard to believe Soapy spoke with them on the weekend? If so, when did you speak with them? Are they really open on the weekend to discuss such things with retail investors?

What was the phone number you used to find this information?

YES, like I said the day we received notice of the R/S Tuesday, THANK GOF THAT MANAGEMENT FINALLY DID SOMETHING. ANYTHING IS BETTER THAN A STAGNANT MANAGEMENT.

Exactly, anyone who thinks the R/S is a bad thing just has no idea what they are doing. This is the greatest thing that has happened to this stock EVER.

WHAT DID YOU TELL SCOTTRADE? THAT IS ABSOLUTE SCAM-ARTIST STUFF....WHAT DID SCOTTRADE TELL YOU?

the O/S WILL BE DIVIDED BY 100!!!!!!!!!!!!!!!!!

None, but alot of smart money and hedge funds will be buying once we are on the NasDaq....

It doesnt take much buying to push up a PPS with a float under 3 million

BETTER YET, PARTICIPATING IT IN!!!!!!!!!!!!

THE MONEY YOU GAIN WILL TELL YOUR TALE FOR YEARS TO COME

yes, but simple 3rd grade logic could tell you that if the A/S is under 300million, then the O/S must be under 300 million:)

its not hard to comprehend

HAHAHA, ITS NOT LOGICAL?!

ITS ABSOLUTELY LOGICAL, ITS REALITY, ITS WHAT THE PLAN IS, AND IT IS WHAT WILL HAPPEN....

AND LIKE I just said in my other post, just get the picture when we have 3 million O/S


BOY THEY HAVE TRAPPED NSS LIKE NONE OTHER, THIS WILL GO DOWNIN HISTORY....

NSS THOUGHT THEY HAD A COMPANY WITH 2.5 BILLION A/S....

NOW WE HAVE A COMPANY THAT IS GOING TO HAVE A 3 MILLION O/S...


THIS IS UTTERLY AMAZING, THESE GUYS ARE GENIUSES

AYME IS NOT SUPPORTING THE BID THAT MUCH BECAUSE WY WOULD NE NOT WANT TO BUY AS MANY SHARES AS POSSIBLE FOR AS LOW AS POSSIBLE?!?!

this is all an orchastrated illusion on the part of many MMs and brokers all working together to try and get as many retail shares as possible while many people still can seem to comprehend what is happening....

I still think its absolutely halalrious that people thought the R/S was bad for Spongetech because the price tanked?!

IT WAS THE SHAKE OUT OF A LIFE TIME...ALL PLANNED, AND PRICESLY EXECUTED....i WILL EVENTUALLY THROW SOME SORT OF FUNCTION HONORING ALL THOSE WHO SOLD THEIR SPNG ON THT DARK SEPTEMBER 8TH MORNING ANNOUNCEMENT OF THE R/S

HAHAHAHHAHA

MAN, AND I WAS GOING TO BUY MORE AT .20!!!! WHAT AN OPPORTUNITY OF A LIFE TIME, HAHAHAH, THIS IS AWESOME

YES, THAT WAS THE PLAN ALL ALONG. RME IS GONE, BYE BYE, OH WELL, SHORTY MADE A MISTAKE:)

WELL THEY CAN'T! THATS WHY THE O/S IS ALSO UNDER 300,000,000 RIGHT NOW. At this point, it is logical to conclude that a large amount the RME shares have already been bought back a SLATED, RETIRED, DONE, GONE, BYE BYE, NOT FOR SHORT! THE THE SHARES ARE GONE! This is not a joke people, this is serious, this is once in a lifetime SERIOUS. Thats why My friends and we put everything we could into SPNG on the SHAKEOUT TUESDAY AND WEDNESDAY...ANyone selling those days will be shown to the world as a true fool, who has no idea what they are doing...

Now, when we R/S, and the O/S is under 300 million, well then we will have 3 million outstanding shares...GET THE PICTURE PEOPLE...
And the huge A/S is to prevent ANYONE FROM THINKING THEY CAN BUY THE 3 MILLION SHARES AND JUST OWN SPONGETECH.
It is obvious that the HUGE A/S will be to prevent any sort of hostile take overs on the open market....

300 0/S at time of R/S = 3 million O/S after R/S.....

WHERE ARE ALL SHORTY'S SHARES GOING TO COME FROM....

For a long time, I didnt buy into the "Name-You-Own-Price" camp. but now, that is what Management is setting us up for....

There just wont be enough shares to go around...

This is going to be INSANE, there are going to be case-studies and text books written about Spongetech in the years to come....

This is one of the situations you learn about in school, but think you will never see it happen because it us just so RARE. This is truly UNBELIEVABLE to say they very least

Well the MMs have to cut back on buying demand any way possible at this point, so on a Friday, by opening the PPS HIGH and letting it fall, it prevents alot of retail from buying more.

Its all just a digital illusion....The point being here, is its telling the shorts is they better cover before the R/S...

This is going to be an EPIC short squeeze

Excellent News Guys, Hope you loaded up Tuesday and wednesday

Shorts are toast, that is why they are trying to walk it down right now....

SHORTS ARE TOAST

The only reason anyone would be down on the trade is if they were ignoring SPNG and then bought at .18 - .22 thinking they were going to catch a major 10-K. Those traders are DEF NOT longs, and actually about as smart as a jar of mayo since they think they know how to trade.

Anyone who was long all along and kept dry powder, has fared well since Tuesday morning, and today we def are on the way back up....The 10-K must surely be out soon. The buy back is complete, we will see the share structure in the 10-K. It will propel the stock to unfathomable levels in the days and hours leading up to the R/S...and yes, at 3:50 EST on September 22, where are all the shares going to come from. NSS is on the hook, people who think we made a deal with the NSS is on another planet. NSS is still adding to the position, at this point, it is obvious it was a fatal flaw on their part.

I dont think it will open obnoxiously high....that is what retail use to do to SPNG when buying pressure was mounting. everyone would put in obnoxious orders to buy at the bell and the MMs opened it high enough to get profit taking to bring it down instead of steady buying to push it up...

Now, the smart money buying SPNG doesnt chase nearly as much as retail. There probably wont push this too high at the open, and we could easily see .135 and .13 for a few minutes tomorrow before we go through the mid morning tug-of-war range trading then the buying, it doesnt take nearly as much buying as it use to to push this higher...

Any Body buying this morning is absolute genius. I maxed out yesterday late in the day. I def did not think we would see under .12, but obviously that brought in the big buying. Oh well, the way I feel, as volatile as this stock is and as much energy as it has, pennies aren't going to matter soon.

The chances of much more than a walk down to .13 are quite slim. This stock will rally tomorrow because we all know big money is trying to load up before this 10-K.

Im just going to hold SPNG and the best part about the R/S is that SPNG is going to become marginable. Can everyone say DOUBLE UP???!??

If you had an iPhone or smart phone, you would know that the time it takes between a few pitches of a MLB game, anyone can install an app. It takes about a whole 30 seconds to install, and im sure an advertising ap like this is sure to be free. It lunched yesterday and I already know people who installed it.

BOTH HOPEFULLY

That get FuGu ap is going to be HUGE. My girlfriend already downloaded it. The new world of advertising is going to tap into the cell phone market and children are going to be conditioned (brained washed) into buying things constantly and instantly on their iphones and smart phones by connecting their debit card to the application....its all the new wave of technology. Just like the internet and the PC last decade, this decade its the smart phone wave. Tapping into the smart-phone advertising market is one of the smartest things this company can do to insure that SPONGETECH will always be at the forefront of advertising to the American population

The smartphone is the next wave, and the way it works is that the people who can afford smart phones are the ones who have money to spend, obviously...you dont waste time and money advertising to broke people. Hence, if you have a smart phone which can have the technology, (GetFuGu is an advertising AP for the iphone AND android services) you def have money to spend and live the 'consumer' life.

this is a huge plan going into motion, spongetech will be every where, they will be so prominent, the average American will be conditioned to think that they must have to buy Spongetech or you just arent using the best product

SPNG IS MONEY

Oh Hey Guys,

I just got home from golfing. Saw SPNG rally on my iPhone.

I guess that $45,000 my posse and I poured into SPNG yesterday sure make us look like fools. Good job on everyone who told me I was catching a falling knife. Looks like at the age of 24, I can already PROFESSIONALLY catch a knife:) Im actually a little disappointed all we could scrape together was another $45k for SPNG yesterday. WE ARE MAXED OUT AND READY FOR THE RIDE OF A LIFETIME.

I called it all day yesterday. Everyone who things that this R/S is bad, GOOD JOB BUDDY. The R/S is about to set of the CRAZIEST chain of events seen in an up and coming penny stock in a long time.