I read all these posts about NSS theories, How many pinksheet/OTC scams have you seen the NSS theory thrown out to cover up the truth? It is tatic #1, then you see posts about FINRA conference calls that dont exist, Mystery buyers#2, I see all these forward looking "Intends to" PRs, SEC filings with intentionally confusing verbiage , Undisclosed private companies owned by family members of insiders paying for operating costs (and not getting paid? yeah right) , Purchase orders listed under revenues and A/R, SCHD13 filers with multiple alledged securities violations, Lawsuits against top insiders by a DRTV non recourse stock loan financeer and not disclosed...
I do NOT doubt for one second SpongeTech has real products, and IS selling products, AND I also do NOT doubt they have a deal working with Viacom... I am also sure the stock price is going to go UP a LOT and it is going to go back down A LOT.....
What I am saying is this company has HUGE RED FLAGS and until they act like a real company, and start to operate without all of these red flags, Penny Subpenny is how you will calculate the PPS..... I dont care how many Viacom Spongebobs they sell, until they stop with the pinksheet mentality and OTC games, and start disclosing properly SPNG stock will continue to be a penny stock gamble and NOT an investment,,.... InMyOpinion
