Spongetech Delivery Systems Inc (fka SPNGQ)

[MarketGeometry]

There was some rumor some hedge fund was trying to get out and that cause the PPS to go down(sellin millions of shares). Other explanation is Naked Short selling. MM can sell without borrowing. They can dump million of shares. If Naked short sell happened it will show up in REGSHORT list next week. Other explanation is someone/or some ppl with HUGE position(100million+) just cashing out