Spongetech Delivery Systems, Inc. (fka SPNGQ)

[reaper21]

Although the Safe Harbor statement is there to protect the company from frivolous lawsuit. It only protects them from

1. If they can't buyback 660 million shares on time
2. If they can't buyback the full 660 million shares

However, it does not protect them from lying that they actually have 660 million on hand as of right now. So the dilution concern from the restricted shares to the open market can be put to rest for the moment. Safe Harbor statement only protects forward looking statement, not current information

Secondly, with the last 13G filed, the O/S still remain the same as the moment at 809 million (5.1% of 809 million is 41 million). So the O/S number can also be put to rest until further information unless you want to say SEC filing is not trustworthy then I have nothing else to say to you.

I do agree with you that Soapy needs to be quiet about what he knows. It is for his own good, and for the good of the potential action SPNG mgmt may take. If the action plan is still contingent upon different conditions, keep talking about it will only make things more complicated.