Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

Thank you.

Morely...

Thanks.

Sounds like you lead a complicated life.



All the best.

Alex, et al.…

(#170936)

Found here in full…

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=te&bn=63817&tid=269538&mid=269538&tof=1&frt=2

And slightly edited herein…

Spino…

You're welcome.

And well said.

You've an entertaining way with words for sure.

What's not to like indeed.

Morely...

You're welcome.

And...

"Judge not, lest ye be judged."

SOB…

"I do not have the time to read your post although I am sure its chock full of wonderful speculation. How do you address the fact that investors in this company are in it emotionally? Do you think that is a recipe for disaster? I do and I am 100% positive that investing with emotion will destroy money, not make money."

And rhetorical questions?

And time to think?

Just maybe?

Jim…

Margin?

You have to look at the situation in terms of downside risk. And how grossly undervalued is market level at this point? How big a difference does the underlying venue make?

The early June run-up to $0.2851?

And based on hype? Or on something far more substantive? And the thereafter downside? And managerial incompetence and such? Or manipulation?

And recalling…

'SPNG … is pleased to announce that its Chief Executive Officer, Chief Operating Officer and Board Members have been purchasing SpongeTech®’s common shares in the open market. Together the team has purchased approximately 18.2 million (eighteen million two hundred thousand) shares of the 722.86 millions shares issued and outstanding as reported in the Company's 3rd Quarter 2009 filing. The purchasing of the Company's stock in the open market reflects the management's confidence in the Company's long-term prospects.'

There being never any clearer view than that from the inside.

And were market level, currently, a matter of a stable average trading base of $1.00?

Well, we'd still have a matter of gross undervaluation in company true value terms plus the effect of applicable multiples.

Achieving the senior listing being the key. The key to long-term company success. A matter, not so much of pps circumstance but, rather, of fundamental and operational soundness. My vote saying that there will come another meeting with the NASDAQ folks shortly following the arrival of the fiscal '09 audited.

And what sort of impact, at market level, do you suppose the arrival of a PR, telling of the Listing Council having agreed to waive the pps initial listing requirement, would have? Where would market level currently be in the absence of the egregious goings-on of that certain Friday in June?

There was a meeting with the NASDAQ folks on Thursday, June 11th. And what, exactly, transpired at that meeting? And just maybe a great deal of discussion about three of four requirements being met? Only pps circumstance standing in the way? A matter of gross undervaluation?

The one bomb of a PR that would light a truly massive fire under market level being the one telling of the Listing Council 'waiving' hello. An industrial strength spark/catalyst right up there with a fitting buyout offer having come management's way. Market level soaring. The self-fulfilling.

The fiscal '09 audited to soon arrive. With Dicon and Q1/'10 otherwise factored in. Plus forward periods considerations. Projections and guidance.

My vote saying that management will, very soon, be making another appeal to the common sense of the Listing Council. A hugely compelling argument given the big picture as it currently stands. Three of four. Fundamental and operational soundness. Serious advancement inclusive of Dicon and Q1/'10 otherwise. The in-general state of the NCM in light of the global economic downturn. The mounting level of institutional involvement/interest. Gross undervaluation. Where market level rightly belongs. Share structure adjustments factored in. Effect of applicable multiples.

And are the folks on the Listing Council familiar with America's Cleaning Company from a marketing/branding perspective? As are all of us and a multitude of others? Out there in the real world? And will such make a difference?

There being "a plan".

A plan, likely in the extreme, to involve another appeal to the NASDAQ folks in the near-term.

It just and simply adds up.

And a dividend being "considered".

Another element of the big picture.

Management successfully secures NASDAQ assent and it's all over for the shorts.

Say goodnight.

Market level soaring. The self-fulfilling.

The whole of it being a matter of company fundamental and operational soundness. Where market level rightly belongs. Share structure adjustments factored in. Effect of applicable multiples. The rest of it.

We have the Reg. SHO flagging.

And were market level to breakout to the $0.50 area this coming trading week?

Well, how smart would it be to simply let paper losses mount?

And market level then continuing on to the $1.00 area?

And the phantom float?

Guilty parties just sitting idly by?

Or the MOASS?

Recently, a fellow poster mentioned that, upon contact with company IR, he/she was told that management isn't all that concerned about the phantom float in light of company bottom line success.

Meaning that the existence of said float isn't something that will preclude company long-term success. Being simply a temporary hindrance. Having its transitory unwelcome impact at market level but having no impact, whatsoever, in terms of undermining company fundamental and operational advancement. That which is ongoing. Is relentless. The bringing of value.

Just not the seriously tangible variety.

Yet!

A dividend being "considered".

FTD's and a squeeze play.

Phantom float and the MOASS.

Our coming trading week, and sessions to follow, shaping up to be massively fun and profitable.

Excitement setting in.

Anxiousness.

Being led by the capable/competent.

The shareholder respectful.

As good as it does ever get.

Onward and upward.

In more ways than one.

Steve…

There are, in essence, two floats. One associated with actual company issuances over time. Backed by registered stock certificates. The other being a phantom such. Consisting of nothing more substantive than electronic book entries. IOU's. Phantom float. The two being indistinguishable as far as Buys and Sells within the system are concerned.

And were said system, as it once was, still based on the actual physical transfer of certificates?

Well, not so easy to counterfeit a physical certificate. But electronic book entries? And a whole 'nother matter. IOU's on top of IOU's.

The way the system works today amounts not to the routine trading of actual shares but, rather, rights to shares. Claims, if you will. With there being far more rights/claims than there are actual shares. The difference being the phantom float.

The whole of the situation persisting because the system facilitates any shareholder cashing out his/her holdings at any time. No getting bogged down.

And should you want to take physical delivery of stock certificates? Tangible legal ownership?

Well, you're entitled to such physical possession by law. There being no right of refusal associated with any of the issuing company itself, company TA nor brokerage firm.

A simple matter of contacting said firm in writing. Making the request. Stating that the letter, in and of itself, is to be considered as authorization to charge your account a reasonable associated fee. Stipulating that the certificates are to be sent out to you by Certified Mail.

Hope this helps.

John…

Get ready for the serious upside.

Domino effect.