InvestorsHub Logo
Followers 82
Posts 4959
Boards Moderated 1
Alias Born 10/30/2008

Re: rookinvestor post# 19088

Saturday, 11/08/2008 11:51:08 AM

Saturday, November 08, 2008 11:51:08 AM

Post# of 346916
No I don't have 6 million shares... I have 2 close friends and amongst the 3 of us, we have that many shares... I will disclose I have well over 1.5 million shares personally, but and I am very fortunate to have a cost average near .025.

Do I have concerns, of course... this is a lot of money for me to have in a penny stock. Would I feel comfortable if the stock was trading in the 4's, of course.

How could one not be concerned when the best news to date has been announced and the stock price continued to go down from that date until yesterday and yesterday, it closed even..LOL..

My posts on this subject is that we as shareholders need to realize management is in contol of the PPS, not the shareholders, it is not our job to get the PPS up, and certainly, getting cert's will not help the PPS in my opinion.

I do believe in this company, that is why I have invested so much money, and so do my close friends. In fact, I have a couple others that are going to be investing in SPNG next week, nothing major, but they are getting their feet wet.

The current PR's being released have not helped the price of the stock... FACT!!!!!!!!!!!

So, if I was management and I cared about the current PPS, I would change what I was doing.

If they have some TOP SECRET master plan, then great, it will eventually happen and hopefully the PPS shoots up...

I am not hating on management, trust me!!!! What I am trying to state is, as the company appears to be getting stonger, as more deals are being announced, as more advertising is being done, this should make this company appear to be legitmate and the "penny stock scam" stigma should be disappearing...

Now, I believe management could be taking steps to helping the PPS, if they are behind the scenes, then great, I will wait for them...

I will not accept that a game plan of getting your cert's will help the PPS, I am sorry, I cannot go there, and cannot accept that... Especially when management put in a PR that the shares are being illegally manipulated through NSS'ing.

There are pleny of shares available to legally short, in fact when you look at the legal shorting of the stock, it is very small number.... getting your cert's will only stop the legal shorting of this stock...

That's all I am saying....

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.