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I know what you mean by steal. I feel like they are stealing from me by not releasing last years 10k. The first 10Q of 2010 and here we are with about 3 weeks to go in Q2 of 2010.
A healthy dose of feeding your ego always does you good.
Oh my I am laughing and crying at the same time. A couple of weeks and 2nd Q of 2010 will be done. But there is no need to even go there.
Pike is not a fund. You can not buy Pike. Funds (as in mutual) have parameters around that determine what equities are bought. Spongetech would not fit those requirements on ANY fund. This is due to their filing status, and where they trade.
Just imagine how low this would have gone if Pike had not bought. And who is still selling? I mean seriously, who in their right mind would sell right now after this Pike filing? Maybe I have gone crazy, but nobody would have bought that much without extreme confidence.
We are down on solid volume. That isn't good.
Did you just say transparency and Spongetech in the same sentence? I will give you 5 minutes to retract otherwise, I'll assume you fell off your rocker.
Everybody seen Groundhog day? This message board is just like the movie.
Whats the over/under for getting the 10k this week?
While not defending anyone, Spongetech could/should defend themself by releasing information they are required to as a public company. People like David Patch make me sick to my stomach, but the company should release what they are supposed to, and quit playing games. If that is the case. If not....lock em up.
RJR you were the one yesterday that said they received an email from Moscowitz and the 10k and earning would be out. Just an fyi, those of us that are still holding don't need the bs.
2 ways of looking at them. You have nothing to lose by signing up. Its a pretty simple fix for M&M. They could file and these lawsuits would go away. But instead, here we are almost closing out the 2/3 of quarter 2 of 2010, and we don't have a 10Q from last quarter or a 10k from the previous year.
If they don't file, somebody has to take them to court. I recommend signing up for every lawsuit.
4kids,
Help me out here. How does this change the current situation? Because everyone is confident the RME shares are down and we could potentially be under 500 million shares? I just hope the 10k is out tomorrow. This song and dance is over, tired of the music.
NBP,
With all do respect, its has taken how many months for these form 3's to get up to date? This was the hold up? While I enjoy your insight, I am finding this one hard to believe. While it definitely could have added some weight, just don't see why this couldn't have been cleaned up.
I find it EXTREMELY alarming.
"If I am right (not sure) this process will take quite a long time"
Hey whats another couple months at this point. Too bad the M&M show doesn't want to communicate anything.
New shareholder checklist. We need to get this updated.
1.) We have no official 10k for 2008 and 2009.
2.) We have no 10Q for first quarter 2010.
3.) We are almost 2/3 of the way through the 2nd quarter of fiscal 2010.
4.) Management is under SEC investigation.
5.) We have no idea for certain how many outstanding shares there are. It could be 500,000,000 or 3,000,000,0000. (I discredit anything less than 500,000,000)
6.) We trade on the greys, it sucks.
7.) Spongetech appears to be moving forward from a business stand point. (Amazon, Sears, Kmart, and multiple advertising announcements)
8.) Their website is updated with new products. (I ordered the football, only to stare at it in a dumbfounded way)
9.) Whoever guesses when/if they 10k will be released gets a special brownie.
10.) This has been the most painful thing to be a part of in recent memory. Lots of highs, and lots and lots and lots of lows.
Good luck.
I have written him about 9 or 10 times in the last month and have been very nice/cordial in my messages. I have never received any response. I find it hard to believe he responded and we keep hearing the same thing over and over and over from people like you.
Which 10k? 2008 or 2009. We are almost 1/3 of the way through 2nd quarter of 2010 fiscal. So here is to hoping we having something eventually.
If the number is 700 million or less, then the SEC investigation would be nullified imho. It would mean they weren't dumping shares and would have had no reason to inflate sales.
Thats the big if...... and for some reason Spongetech management doesn't want to or can't clear their name.
Who is holding their breath that the 10k comes out today?
Filing a 10k for dummies.
I am looking for this book as a gift anybody know where I can get it? Maybe M&M bought them all up?
When are they going to be great dog? Management hasn't said a word in a weeks. They are letting their brand be damaged and are losing shareholders with every passing day. People are starting to hate them. Thats now how you win customers or shareholders.
Alfie,
Is the SEC still "tinkering" with the 10K?
No offense, but if you think that scares any Spongeshareholders, you haven't been here long. NOTHING, I mean NOTHING scares us.
Agreed. We are almost 1/3 of the way through the 2nd quarter and don't have a year end or a 10Q from last quarter.
How could you possible have a number less than 500 million? The last buyback announced they were going to try and get down to 500 million, so what logic are you using to cut that in half.
Where is Doug Furth. Didn't he say the 10k was filed?
What are you basing that on? 3 billion shares? No revenue? Seriously childish.
Agreed. I think the Cavs PR made a bold statement. While we have treated these as fluff PR's in the past, today indicated a "Hey we are still in business, and we are going to advertise our brand/product". With a lot of us dumbfounded over the last month, this was the first real sign of life. Now if we can just get that stinkin 10k.
Hope everyone can sleep a little better tonight, or at least have some hope.
That is the only thing that has kept me a believer here. As long as M&M didn't do anything illegal, there is an opportunity of a lifetime. There products are awesome.
They say that there is no such thing as bad publicity.....
Everybody I know calls me this. They don't call me Star Wars characters. I am a man. I do not play with toys.
I only state the facts.
You are named after a star wars character. Who is pathetic?
I am not spinning anything. I stated facts.
Keeping to the facts, SPNG was to file the 10k to the SEC prior to 10/16. That is what is said in the release. Whether they did that or not, who knows. But if they did, I would have thought we got it too.
Over 11.500 following Spongetch on Twitter.
http://twitter.com/SpongeTech/following
I would say its very likely 70% were shareholders or are shareholders. Does make one wonder about the shares.....either way.
Spongetech's twitter page
Hey guys/gals I am trying to start a movement Spongetech's twitter page to ask 10k questions, O/S questions. Lets do it.
Thank you for your shares. Just kidding. Somebody had to say it.
Can't see real time, but .04? Hmmmm.