Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

Yup I think just about everyone has figured it out. RME is a good thing...

See the misconception of many is that stock sold is always a bad thing...

However if you read and understand the terms this stock sold acts as an interest free loan to fill orders of which they will get paid back for...

Not a bad loan, nor is it bad for investors... In fact due to the fact that the shares are bought back at cost and these shares were in bulk put on under .02 cents per share... needing to be bought back when the AR comes in... this is a very positive thing for share holders... As many will not understand how SPNG was able to buy back so many shares so quickly, and will have done a valuation based on shares that can be bought back for much less than they thought...

note 306 million shares need to be bought back at .0039 cents a share... those which will be bought back at that cost... And guess what happens when we get rid of them? HMMM eps sky rockets... and everyone has to re-valuate... only the share holders who understand this can take advantage of it.

Good luck to ya...