WPO, I am assuming you have been following SPNG and this board for a while.... Have you recognized most of the posters who are giving share counts? I'd also be interested in the number of posters that equal the current tally of shares...
People might laugh at these numbers, but I honestly wouldn't be surprised if they were somewhat accurate. If you believe management, they have been crying Nss'ing for a while now... even via a press release...
they raised buyback to 50 million for a reason... either to fool investors while they dilute(I don't believe this) or they are trying to force the NSS's out of the stock.
On yahoo, Alfie/Doug and his group claim to have somewhere between 100 million and 150 million shares...
I do question that a group of investors hold 150 million of a tradable float of roughly 100 million, plus roughly 2300 other investors... Heck this board if correct holds another 40 million..
Lets say the company bought back 50 million. Metter said on the radio a while back they had been buying.
On a side not...I read on yahoo.. that someone thinks HotOtc might start coverage on SPNG based on an email they received stating they have had just returned from SEMA and they think they have found a company for an easy double.
They of course are speculating that they are talking about SPNG tech..
if that is the case, monday could be interesting, i guess the Hototc email comes out sometime tonight, i don't subscribe but I will keep my eye on the yahoo post to see if they update it and confirm it is SPNG...
