I've got too much invested in this stock LOL>. but not 460,000 LOL... I think if I had $460,000. I'd be doing something else right now..LOL...
I was just trying to say, collectively, but once again, I don't know how many people have responded, that isn't a crazy number... now if the stock was trading at 1.00, and we needed to account for $23,000,000 on IHUB posters, yes I would think some people were fibbing...LOL
Once again, we need to keep in mind, PPS reflects either illegal price manipulation... or dilution?
The shareholders cannot, and I repeat cannot cure either of the two above, this is managements job!!!!!!!!!!!!
They need to PR about the buyback and the exact breakdown of the outstanding shares... Put it in writing for the shareholders and investment community to see.
If they have bought back 50 million shares... I sent management an email telling them to raise the buyback to the tradable float...
Now, very simple PR. this is how it would go...
Spongetech is pleased to annouce we have currently finish the buyback of 50 million shares from the tradeable float. Current tradeable float is 48 mllion shares. We have decided at this time to up the buyback to 98 millions We will currently be buying the remainder of the float as cash from operations becomes available. We believe there is a NSS'ing problem in our stock and will address this problem once all the tradable float is secured.
Now, that would solve the NSS'ing problem.... EOM!
Heck, Spongetech wouldn't have to buy another share, the fear of what would happen once they finished the buyback would send this NSS'ing into a covering frenzy...
But it would be in the best interest of the company to get the share price up.... A PR like this would get the PPS and company in a better position for growth... and greatly improve investor confidence....
Now, my biggest question is, why isn't the company doing any of this?
Any thoughts?
