Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

Dwang,

Emotions and equities don't mix.

If the true nature of the OTC is more than a body can handle?

Well, indeed, one need proceed accordingly. The reality being that the venues are a trader's paradise. It's not about investing. And when one does happen upon a prospect such as SPNG? America's Cleaning Company?

It's very much the case that the full potential will not be realized in the absence of a move upstairs.

And Mr. Metter...

"The time has come for us to move off the Bulletin Board."

Time to slow down. Getting a grip.

Emotions and equities don't mix.

Udog…

Thank you for the readership.

As for that which you find so obviously objectionable?

Well, point out the specifics. No baseless blanket statements. No mindless yammering. No devolving to gutter level. No other unwelcome approaches. Simply point out, just and exactly, where it is you feel my overall perspective is misguided in any way(s). My always being entirely open to entertaining worthwhile discussion. The calm, rational, sensible variety. Mutual financial benefit.

And there I'll leave it.

Wendy…

Thank you.

As for the calling of the bottom?

A little of what was said...

"In line with the bottom having been successfully called as of the 29th."

"The bottom having been hit as of the 29th."

"We hit bottom. Our having nailed it as of the 29th."

And...

(June 29th)

Low of $0.1012

(July 9th)

Low of $0.1000

(July 13th)

Low of $0.0970

Two weeks and a matter of 4%.

Harboring no expectations of the 'dark side' winning. Even remotely. Back to sub-$0.01 trading levels. The ongoing voracious attempt to undermine all. That which will demonstrably fail.

And recalling…

"Management having not sacrificed as they have, having not toiled as diligently as they have, for as long as they have, to see any outcome other than a long-term successful company. The bringing of value to all involved. Themselves, very much, inclusive."

Management not even slightly about to cave-in. The faithful longs being of precisely the same persuasion. The fighting of the good fight to continue. Coming sessions to see the talked about sparks/catalysts. The July and August factual. The rest of it.

And me? Yours truly?

I don't invest/trade with emotions in tow. And when posting I always do my best to get my facts straight. Unlike no shortage of others among us whom we won't name. With my forte being the NAZ. The vast bulk of my portfolio represented. There, every trading day, locking-in worthwhile profit. With the basement being what it is. The inescapable realities of the hosted venues. And no place for the fainthearted it is. Dog-eat-dog goings-on. Shark-infested waters.

With the ongoing battle to very much continue.

And best of luck to you, also.

And thanks for writing.

Daniel…

Fun and profitable.

With the full reasoning behind my perspective having been presented. What it is in the way of the empirical that points to the targeting of a buyout. Discussed at length. Inclusive of the fiscal '10 marketing budget ramped up to the $20m area. That which simply fits. Inclusive of the NFE Conference presentation. That which simply fits.

Management receives a fitting buyout offer?

My money says they'll be all over it like one of those proverbial dirty shirts.

And I, for one, certainly won't be arguing. Truly serious green. Hugely in advance of the $0.10 area.

As for the balance of our trading week?

My money, again, says we end green. And significantly so.

And may your buddy see the light. The reality of America's Cleaning Company.

And hopefully he(?) won't overlook any of Reuters Company Research nor Wayne Celia of Dicon nor Indiana Trust & Investment Management Co.

Scam indeed.



Cheers indeed.

Spongeni…

Thank you.

And absolutely.

Remaining calm, rational, sensible and seeing the light.

Green and more green.