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Where's the transparency with this stock? He contradicts himself.
"3) Naked shorting is prevented by transparency and accuracy.
SEC should require up-to-the-minute reporting of available shares to short. If the pool of available shares shrinks to zero during the day, then there can be no more shorting until shares become available.
Market makers can have some flexibility, but not outside established share counts. NO EXCEPTIONS "
"As for the smoke and mirrors Im betting that when things have cleared.. that the new agreement with Marvel?Disney, the top seller status on Amazon, the low,low OS, the continued filing of required documents, more and more partnerships with NBA, NHL, NFL & The Superbowl,MLB,the release of new SKU's, increasing revenues and profits etc etc etc are going to turn those little chunks of coal in my stocking into nice little nuggets of gold. The 10K and the 10Q will get here when they get here and many of us will be taking advantage of this buying opportunity...thank-you very much! But you have your crystal ball and I have mine, besides all that have a Merry Christmas anyway."
Great Post! GLTU
"...and pending indictments."
Got proof of that?
Agreed. My 3 year old nephew lives and breathes Spiderman. Dressed as Spiderman for Halloween and even wears the costume around the house. Hasher is obviously out of touch.
Agreed. They need to remove all the "Ethics" BS from their website.
just another load of BS......
Agreed, and that's why we haven't heard from some of those BS'ers such as stoxmagic and Dark Lady, etc.
does anyone on this board have a good reason why spongebob isn't in more retail stores?
Inept management team IMO.
Would be nice if the company would keep shareholders informed about anything!
I feel the same way Mingy. And stoxmagic proved himself to be a fraud along with other pumpers.
Good find Ant. They are also in my local CVS stores still here in Florida. By the way neighbor, I grew up in Clifton Heights and Sharon Hill, PA.
Even GFGU files their reports, too bad the losers at Spongetech don't;
http://biz.yahoo.com/e/091123/gfgu.ob10-q.html
First of all there are only 30 days in November.
Secondly they never file anything on the due date, deadline, or ever!
Nothing. The company has gone into hiding. No communication, you can't contact them, they don't return emails. Seems fishy to me.
OK, I'll play. How good was it?
It is strictly a problem with their former auditor,not SPNG.
What, they can't keep the shareholders informed because of their former auditor??? Give me a break!
Where's Dora, Pink Panther, Walmart, 10K, 10Q, OS, etc. What a bunch of losers this management team is! At this point no one can say that it's not a scam.
No, they won't. They do not care 1 iota about their shareholders. They only release info that may draw more investors into their scam IMO.
The gig is up, no one wants the stock. That's what's up!
Stox, with all due respect, you have been saying the same thing for months and none of it has happened. Why should we believe you now?
"and that is the bottom line here, in the end, after all the BS, the Co did NOT perform their duty to shareholders (best case).....no (rational) long can argue with this fact.....
I agree, the Company has not done right by it's shareholders. Continued silence is a slap in the face!
I believe this company had high hopes and good intentions...
If they had good intentions they wouldn't keep shareholders and potential investors in the dark, the way they have IMO.
I have been long with this stock, but at this point I am now convinced that this is truly a scam. You can't contact the company, they don't reply to emails, they don't PR any financials, etc. If it truly is I hope they all see jail time! IMO
Well stox, what happened this week?
Nothing is up, the PPS is down and the company remains silent.
SpongeTech (PINK:SPNG) is a dangerous investment, yet it has a spectacular upside. If it turns out the company is not run by a bunch of crooks, today’s investors could be sitting on monstrous rewards.
-27 minutes. What happened gort? LOL
What deal?
I am starting to believe those that claim this company is a scam. It is definitely not run by a competent management team, that's for sure. If the publicaly traded company that I work for kept shareholders and others in the dark as much as this company we would be closing the doors soon. Maybe that's what is happening here.
steven@spongetech.com
But, don't waste your time, he doesn't reply. He doesn't give a $hit about shareholders.
Wrong! The wheels on the bus go round and round, round and round...
Wow, some good news must be coming, they (you know who) are coming out of the woodwork! Can't wait till tomorrow.
Agreed dalessan. Also, because it's on the greys it is not being manipulated by MM's and the shorts as it was previously. I think the fireworks will begin soon propelling this stock straight up, "to da moon" as someone mentioned earlier.
Great post Stox!
My favorite line;
"In short? The shorts are screwed. Royally!"
It's amazing how much confidential information you guys seem privy to!
Double negative. The stock decrease does not prove that at all. And my portfolio is still positive since I bought all my shares at 0.01 and took some profit along the way.
"The drastic stock decrease proves it...and i'm assuming your portfolio proves it as well"
The fact is this has not been proven so your statement is a lie.
"why would the Company need to falsify the sales overseas"
Saving it for the BIG BANG coming soon!
Why pray tell have they M&M been so absolutely quiet about any more revenue numbers?
More like a train about to leave the station! Toot Toot
No, that's not what I said. I meant that just because a product gets some bad reviews along with the good does not mean the product won't sell. You can't please everyone.