Spongetech Delivery Systems, Inc. (fka SPNGQ)

[DarkLady]

Hi Gang,

It seems to me that we are spending a lot of time rambling, uselessly, trying to figure out the float the authorized shares, who has them, and what the NSS is. This in my opinion is a total waste of time.

What we have is a company with a truly great possibilities, just starting, trying to find its path through a mine field of investment possibilities. The greatest threat to them is making the wrong decision as they try to establish themselves, maintain financing and expand their markets.

Im my opinion they are performing close to perfectly. They have engaged in supportive advertising, focusing where they spend their marketing funds. They are engaged in a buy back, that we all know is occurring through out right purchases and through BMAS. They are attending the appropriative trade shows and have shown us outstanding results.

We need to sit back, be supportive, accumulative what we can afford and wait for what I believe will be a pleasant surprise.

I trade technically with a little fundamentals thrown in. Here is the chare I use on StockCharts with the technical indicators I always use. The PPO and ADX have turned positive. The RSI and Williams are up. I like the slow Stochastic as it doesn't give false positives. The same goes for the Trix, you can see it is about to turn. I like the slow Trix as you can follow it for some time.

Lets relax and enjoy the ride.

Take Care,

DarkLady
http://stockcharts.com/c-sc/sc?s=SPNG&p=D&b=5&g=0&i=p74931828988&a=150148491&r=9023