Spongetech Delivery Systems, Inc. (fka SPNGQ)

[printmail01]

LOW .132 is why u r seeing the disgruntled investors, SPNG has more or less hired an alledged securities violator and the stock has TANKED and acted like it is being manipulated ever since the SCHD13 was filed... IMO "The Group" is manipulating SPNG stock in a big big way , IMO they are stomping on and stealing from retail investors while filling insiders pockets with cash using short-swing trades....

But I think this sounds better >

The Signature Fund investment philosophy centers on the concept of the investment of “mezzanine capital,” whereby long-term equity investment is provided to the company, while simultaneously being liquidated on a short-term basis by the Fund as it transitions out of such investment via its proprietary methods and networks. Unlike many other private equity investments that end up taking on a toxic profile to the recipients due to arbitrage and control issues, the Signature Fund works to liquidate its investments in a responsible manner that actually benefits the underlying company, helping in the formation of a solid shareholder base for future needs. The methodologies employed to accomplish such objectives formulate the basis of the Fund’s proprietary competitive differentiation and advantage.

The Signature Fund seeks to generate superior returns that would compare favorably to most other forms of investment, while working to mitigate as much risk as possible via the implementation of its investment philosophy and proprietary liquidation strategies. It is the objective of the Fund’s managers to generate successful venture capital type returns while maintaining a blue chip investment risk level.
http://thesignaturefund.com/philosophy.html



ISSUE PR SHORT - MM RUN UP PRICE DUMP - THEN SHORT DUMP - SHORT SHORT DUMP THE ACTION - CREATE MORE ACTION - DUMP DUMP SHORT SHORT > RINSE REPEAT > Create confusion and profits from selling shorting patterns, shorting when retail is buying and buying when retail is selling , then confuse them , force some dumps , force some buys , and stomp them before you are done. Knowing when PR and filings are coming out - Knowing when buybacks and sales wil hit markets - MMs lending a hand - stock with a very dedicated following on both sides - high profile getting new looks at stock at every MSG game - IMPO SPNG retail shareholders are being manipulated in a BIG WAY... In My Personal Opinion

IMPO