Spongetech Delivery Systems Inc (fka SPNGQ)

[jethro50]

I don't think Furth has any SIGNIFICANT insider info, or he wouldn;t have been hanging around all day last Monday waiting for the 10K that never came...I also read between the lines of a few of his posts that day...He had NO IDEA that the 10k would NOT be released that day..( my opinion) based on his posts..

Why does everyone have to believe in some deep conspiracy theory...

The most obvious reason for the colossal reverse split is to force an accounting if shares....What's so hard to believe about that? It's obvious there's tons of NSS here...It was .20 cents and the company took in 70 million in one quarter. You have grandmothers and fry cooks holding tens of thousdands of shares....How could they even buy them if the price wasn;t suppressed?

In my opinion, the split is to make the pigs cover, they'd be covering now in earnest if the aforementioned grandmothers and fry cooks weren't selling.