Spongetech Delivery Systems, Inc. (fka SPNGQ)

[spongeboy]

RegSHO and naked shorts

We are on the RegSho list - this is the list for naked shorts - think about it - there are i think 11,000 +/- stock tickers on public companies and 33 or so are on the RegSHO list-- and we are one of them. if we have 722M shares outstanding we need to have 3,610,000 FTDs reporting by DTCC to stay on the SHO list every 5 days. I think today is day 20 but it doesn't matter - we are on the list. With the 10k coming in 6 days - and with the sales figures to be $50-60 million-- and we did $50 mill in the last 90 days or so. if you were short today-- Why would you not cover. Unless you are naked at .03-.06 .? Management talked about NSS in June of 2008 . The fact that we are on SHO makes this real. do a member search for spongeboy and read my posts. NSS are real that is why our volume is so low - that is why I am so long.