Spongetech Delivery Systems Inc (fka SPNGQ)

[ibreken]

Interesting stock. Looked into it a great deal. I've seen the ads on CNBC. Doesn't seem like a 'scam' in the usual sense, but in my opinion the product itself is kind of like the 'as seen on TV' sort of thing. No real staying power..a fad.....shamWOW. I'd guess current dilution will also blow you away. Who knows though. In my opinion the stock will be 80 percent lower within 6 months. Probably more. Don't believe the hype. Market cap on a sponge company of the fad sort should never be more that 20 million bucks no matter how you slice it.