more like a needle in your arm. No matter how much you get, it's never enough.

Interpret that positively or negatively. I think it works both ways.

not big enough apparently.

I haven't heard Metter talk about much of anything lately. Why is that? No radio shows. No nothing. I don't know if there's NSS or not. I don't know for sure if the O/S is under 700M. Too many questions out there, but I do know the company's worth 10 times this price at 1.5B shares, so I continue to hold and accumulate here and there.

There is an endless supply in the world of naked shorting.

Maybe SPNG blacklisted Ameritrade.

There must be a lot of satisfaction in that job. "Daddy, what do you do for your job". "I screw the innocent, son."

Maybe I should clarify that statement and say I would like it to mean something today. I'm afraid people are drinking Liable's koolaid. I'm holding because the stock is so undervalued. I'm not believing Steve's drawn out tale that always seems to have an excuse for why it will take one more day.

It would be nice for it to actually mean something, but I doubt it. I've come to ignore these things because it never turns into anything.

It's a shame, isn't it? What's the point of the report if it's always wrong?

It tells me there's either naked shorting or dilution and a heck of a lot of buying going on.

Claiming dilution and longs selling doesn't add up. Volume would be a lot higher and the price would be a lot lower. You need to choose which negative theory you believe most.

It certainly is discouraging tturner. However, it is possible that this A/S increase is a head fake. They could have increased it to make it appear as though they were diluting to get more shares shorted. I'm still here because the 1.5B shares still make this stock an incredible buy.

Scottrade is picking up a lot of doubles (counting both sides of some of the trades). I'm showing 24.3M, but it's too high.

You missed nothing...just more of the same.

Thank goodness for March Madness. SPNG is not fun, interesting, or exciting today.

Hey Saigon - I guess I'm unique. I'm long and I hate this stock.

They've claimed lies in a 10Q. People have claimed the revenues were fake. They've claimed that the first paragraph defining the net number of outstanding shares with reductions was fake. I'm sure the same would happen with an 8K.

An 8K with the O/S wouldn't make any difference. You would still have those that want the stock price to go down claiming it was a lie or different the next day. You would still have those that want the stock price up arguing that it's fact.

4M AH for a penny

Soapy - More news coming?

They didn't do this the last time they increased A/S

The 8K says a lot more than the PR. There's a lot of detail on how B class plays into buyouts / mergers / conversion...

One thing the 8K does - It defines the conversion rules for Class B holders. This would be necessary if there was a buyout.

My question - Why now on this 8K? After the PR yesterday, why do it unless it's in preparation for something else?

Perhaps he's frustrated because he's not getting what he was waiting for.

Soapy - Is there news coming today?

I've been watching ARCA. I think they may have made the decision to cover.

Is ARCA the one that keeps pushing the bid back to .009 every time it falls below?

Maybe they're trying to keep everyone from knowing the true outstanding shares so no one can make a public offer to buy out at a share price. They keep leading people to believe that a buyout is in the works, but maybe they don't really want one.

Durango - I was referring to the 480M RME shares. These are really a loan (NOT $480M). They should be treated as debt, but they are currently part of the 700M outstanding shares. If they retire or convert those 480M shares to debt, SPNG is worth at least 70 cents per share...Now we need to think about that $10M order they just announced and decide if our forecasts are too low...

Durango - 25 cents is about right for 700M shares...but if they change the 480M restricted shares to debt, watch out.

Soapy - Any more news releases coming today?

I don't think we're getting a squeeze without the right news release. We need a trigger, and I don't think that trigger is any particular market price.

Soapy - Any news releases coming today?

It's sad that you would end a statement like that with LOL.

Waiting for the dead cat bounce comment...

One thing changed RGnoll. The volume looks like it may set a record today.

I'm going to like this when I see 1.78 cents. That's the point I break even.

What are you looking forward to?

Bid - .0095; Ask .0089