Spongetech Delivery Systems, Inc. (fka SPNGQ)

[rdailey4]

Right, but any shares the shorts purchase are applied to the number of short shares they sold on their brokerage accounts. Once they buy enough to cover the shares they sold short (naked) they are even and out of the woods. I don't want them to be able to buy shares at the current price, I want them to pay out the butt. Still, there would have to be someone or a bunch of someones out there who are selling. I just don't know who would sell this cheap. How can there be 16 million shares traded unless they are just naked selling on top of naked selling? Does this make sense, or is it just me?