Spongetech Delivery Systems Inc (fka SPNGQ)

[miami_vice]

"Is there any way to encourage the SEC or whoever to crack down on the NSS that is probably insanely rampant now that they are within their 13 day deadline?"

Well with the new Rule 204 being permanent now starting July 31st, they are going to be offering more details and information on the short positions of companies.

Among many other details and amendments to the rule this will help with FTD transparency:

"Twice Monthly Disclosure of Fails Data.- It is expected in the next few weeks that the Commission will enhance the publication on its Web site of fails to deliver data so that fails to deliver information is provided twice per month and for all equity securities, regardless of the fails level. For current fails to deliver information, see http://www.sec.gov/foia/docs/failsdata.htm "

http://www.sec.gov/news/press/2009/2009-172.htm