Are you kidding me? The 10K is the ULTRA-MOST IMPORTANT information regarding the value of this stock, because no one knows the shares structure. When the 10K drops, audited, and they show that there is like 150-250 million LESS OUTSTANDING SHARES, SPNG IS GOING TO DOUBLE AND DOUBLE AGAIN. IF they show that the AUTHORIZED SHARE AMOUNT IS DECREASED BY 50% OR MORE, DO YOU UNDERSTAND WHAT IT IS GOING TO DO FOR THE PRICE OF THIS STOCK!?!?! ITS GOING TO BE $1 OVER NIGHT.
Now, obviously the same is true if the 10K hits and there is like over a billions OUTSTANDING SHARES and the AUTHORIZED count is still 2+ billion. Well obviously we will all be holding diluted stock. BUT, OBVIOUSLY THIS ISNT THE CASE FOR TWO REASONS.
#1, the management continues to tell us it isnt so, and their actions over the months have showed otherwise. Like it has been said ont he board time and time again, the management does what they say they are going to do.
#2, MORE LOGICALLY OBVIOUS. If these guys, management, were diluting, there would be no problem with the SHO list. There would be no fail-to-delivers, no one would have a problem finding SPNG shaers for sub-penny, because there would be so many...there would be the billions from the company and billions more phantom shares. Shares would be so plentiful, Scottrade wouldnt have any restrictions on buying SPNG. AHAHA, check out Scottrade's connection to Knight Equities, our little friend on Level II. He sure is a good ring leader for who ever he is working for. Obviously, NITE is commanding and demanding that all other market makers work with them to keep the price down. NITE is in the pockets of the shorts, and they are bound to lose billions on this deal because they have allowed their main clients to sell phanotm shares to all their smaller retail clients, and UHOH?! now they have to account for all these shares, because as we come to find out, SPNG shares are worthless, and they are actually disappearing, LITERALLY!!!!
But how truly close was Knight Equities to SCORING A UN-IMAGINABLE PAY DAY. Just Imagine if they would have been able to keep all this money they sold into the market, oh wow, they were so close, This is a small amount of insight to how greed corrupts, all these idiots saw was $$$$ DOLLAR SIGNS $$$$, but they passed up the fact that Americans might want to buy some sponges to keep clean:)
AI
