Spongetech Delivery Systems, Inc. (fka SPNGQ)

[fxchat]

I agree that naked shorters havent covered. They are really waiting for the very very last day which is today. A forced covering by end of today is enforced

SPNG has at least 0.5% of it's OS that is nakedly shorted. This is evident as SPNG is listed in the SHO. Read carefully how to be listed in the SHO. It is not just 10,000 shares undelievered, it is 10,000 AND 0.5% of the OS

So at least 3mln shares are nakedly shorted.
Somehow the MMs knows what to do..

So I predict a naked short covering today. And with a good PR I see 20cts by end of the week hopefully.