Spongetech Delivery Systems, Inc. (fka SPNGQ)

[z4lover]

Ok, so what your saying is these guys are trading the stock back and forth back and forth... all while saying they are holding their shares???

Also BMAS has never sold one share fyi.

I agree we have some traders in this stock, but not enough or big enough ones to do 436 m volume if the stock only has a float of 220 million..

Also think about it, you really think the company insiders only own 25 million shares at this point if the float really is at 220???

No they prob each own 15-30 million... (so lets just say metter frank, and steve all own 20 million shares...) that leaves us with 160 million shares...

Now I dont know if you believe doug but he and friends own at least 82 million shares... that would leave the float at 78 million...

Take away at least 40 million more for friends of insiders and people on this board.. and your left with 38 million...

now I don't think im going over board with the number of shares that are being held and not sold...

Can you explain to me how 20-25 million shares are traded day after day when really only 38 million are possible to be traded... It just doesn't sound right to me... something doesn't add up...

Listen I understand what your saying... it just doesn't make 100% sense right now to me...

I am going with the theory there is NSS going on... you don't have to... this is jmho...