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Yes feel the same, I've averaged down three times now. I don't have a whole lot invested. I feel this will rebound to $1 plus soon. But also am afraid of a reverse split before March when this stock will be delisted if close price does not break $1.00 by March
Good Luck..you may have a long wait, so you must be patient. But as i said, once the time comes, most likely this will be reverse split again by a multiple leaving you with just a fraction of what you had, this company has done it time and time again. you won't have anything left worth selling, and thats even if you are able to sell what you have.
You are not alone L...i tried to warn people about this, i did what you did many years ago, i'm surprised that this POS is still here, but someone is making $$ on it, but can tell you it is not people like you or I.. Like i said long ago, try selling even one share one time when this thing has volume. Let me know how you make out.
Ok Scooby Doo...good luck with that one.
Exactly, doesn't matter how many 1's are left, no volume..
With this Volume, does it really matter???
You're right, promoter, or someone that cant'get out...Doesn't make any sense to say taking a total loss over getting out when you can. But as i said, not a chance of selling an over the counter stock here. You buy, you're stuck with it... You can quote me on that.
Again, i agree there are shares to buy, printed anytime they want, but try, just try to sell what you have. I dare you and tell me how you make out. I suspect you won't be able to sell a single share...
I agree, it would be a huge surprise if this ran any time soon...
Reversed splits many times. Try selling any shares. You can buy, but try selling. Show me where you've been able to sell?
Funny, this pigs been dead for years. I can be counted as one of the fools to lose money here, but that was years ago. I try to warn anyone that gets there hopes up on this one, but there are a few fools that won't listen and become another victim of this scam..
You got two things wrong, already have done reverse splits, multiple times, also it IS like 99.9% of pinkies...
LOL...this ones been dead for years, only to rear it's ugly head about once every 12 months to lure some sucker in. Easy to buy, just try selling what you've bought just one time. Bet you can't do it.
Good luck selling shares here at any price....no problem buying them, but just try to sell some once..
Couple $100 play money yeah...but not that kind of cash...
why on earth would you invest that kind of cash on a penny? I don't believe you are that dumb
You're not the first to make that mistake with CBYI my friend. This will end up dead, no traded shares for months, someone will come along, by the name, have a whole new business model, will short the crap out of this and be on there way for the next one to come in and do the same thing. It's been going on with CBYI for years. I was one of the first to find out the hard way..
Don't hold your breath.
Thats right, you probably will have to do that.
Ok..nothing for a week then.
when was the last trade here, bought or sold...i don't think i've seen any volume at all for more than a week....
Just stick a fork in this, it's well done. No one will ever see a dime of there investment. The crooks raped any value out of it and most will or should end up in jail
I'm still curious to know who can buy and sell this...
This is the first i heard the R/S rumor, they already reversed split this puppy to death..multiple times
What i'd like to know, who is able to sell these shares right now? And even better yet, who in there right mind is buying them?
Tried to get my certs from TDA....can't get them, here is the reason why.
Am sending you this email regarding your certificate request for ***,*** shares of SPNG: SPONGETECH DELIVERY SYSTEMS. Unfortunately, we are unable to process your request. The reason we are unable to process your request is because the shares are chilled per The Depository Trust Clearing Corporation (DTCC). Because they are non-transferable/chilled we cannot get certificates for the shares. This leaves you with 3 options.
Your first option is that you can try and place a trade on the security. You may place the trade online or you may call *-***-***-**** and ask to speak with one of our brokers.
Your second option is if the position is worthless you can ask the broker to request a removal of non-marketable security on your behalf. This option allows you to sell a worthless position to TD Ameritrade for $1. Currently, a $9.99 commission is charged for this process. Please be aware that this option is not available if there is a market for the security.
Your final option is that you can wait for the chill to be removed by DTCC. There is no typical timeframe for the chill to be lifted. Also there is no guarantee the chill will ever be lifted by DTCC. Chills may be put on a security for many reasons. DTCC does not share these reasons with us, as the information is proprietary in nature.
Correct, i can not place a buy or sell order thru TDA on SPNG...no explanation, can not sell whats left of my holdings..I wonder who out there can sell or buy, some trading is going on, but by whom
Stick a fork in it, this one looks done...
Never saw 76,000, TDAmeritrade never moved from 46,000
WOW!!! THE VOLUME IS ON FIRE TODAY!!!...NOT!!!..LOL
Funny, not much left to those assets...
Is SPNG halted?
You'll never see a 10 K from this company... if there was any intent to file one, it would have shown up by now.
So what ever became of Pike? Who was this investor or was this something the mutt brothers conjured up?
K..thanks, i suppose that would mean the SEC and authorities froze all there other assets..
Did the mutt brothers post bail, or were they not formally arrested or charged yet.
Save your money or if you want, mail it to me or just burn it...won't make anything here.
What i'd like to know is, Who is buying these shares sold today, or yesterday for that matter?
well put, my sediments exactly....thank you for your comments..
Thanks...sure sounds like they are at least selling some product.
I only hope they clean house, come out with financials so we can all see where the value in this company if there is any at all.