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Re: Wrinkles post# 30844

Monday, 12/22/2008 8:44:55 PM

Monday, December 22, 2008 8:44:55 PM

Post# of 346917
Wrinkles, calm down friend. I understand it being hard to believe prices at .50, 1.00, and up. But, if the company announces that all the float is in their hands, then that means that they have been selling air shares to us all this time, and they know it. The only thing they can do is to cover those shares and it really isn't up to them what they pay for them, it's up to us. Some will accept .10, some will accept .20, and so on. But some, like me, are looking for 1.00 and up. It may be a rocky ride for a bit while they play games running it up and then down, but in the end, if it plays like a true squeeze should, they will be paying some pretty big amounts to those that hold. One thing that could really make this happen would be if the company is changing names, or there is a buyout. Then there would be no such thing as a share of Spongetech, so they would have to eat every share they sold, at our price. Sweet.

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