Spongetech Delivery Systems, Inc. (fka SPNGQ)

[overachiever]

Let's see. Yesterday, it was a late day rally that was supposedly all from "true longs" who knew big news was coming. But according to popular lore, it was day traders, flippers and shorts who dumped the stock into the close today.

over 660 million shares have traded the last ten days. In one day alone last month, over 550 million shares traded as the stock plunged from the mid .20s to as low as 7 cents. The volume is far too heavy to suggest that the largest shareholder who controls most of the stock in this share selling scam is not a seller. Especially when one considers the fact that they get their stock at a huge discount to market.

People can ignore the truth all they want to ignore it, but it is at their own peril that they do so.