Spongetech Delivery Systems, Inc. (fka SPNGQ)

[papaul]

Hasher - I don't think you understand how this SPNG high volume trading works.

With the average daily volume of 98 million shares traded, with a ratio of approximately 12 million sell verses buy or visa versa, this means the daily float is only affectd by the 12 million shares. The 86 million shares traded equally between a buyer and a seller.

Now, take the exceptionally high trading days like Black Friday and a few since then, we can guess that only a few hundred million shares are off of the balance sheet.

NOT BILLIONS as you claim.

You will see things much clearer in September.

Take Profits Often
papaul