Spongetech Delivery Systems Inc (fka SPNGQ)

[Byron00]

Alfie:

Do you know who AYME is buying for? If you do, would you care to comment? If you don't, do you have a best guess that you'd be willing to share?

Do you think any substantial part of recent buying is to cover short positions, or do you think it almost entirely represents "accumulation by serious buyers and holders"? Asked another way, do you think the NSS situation is gradually being covered, or do you think it continues to be added to?

If it's the latter, and given that these people are not stupid, what do you think their plan (or hope) might be? Could it be, for example, that their intention is to create a situation so egregious that a negotiated settlement will be required, one that will avoid a MOASS and mitigate their losses?