Spongetech Delivery Systems, Inc. (fka SPNGQ)

[CheezBurgers]

People are just a little unhappy right now because this board convinced itself that an R/S wouldn't happen (though the co never said any such thing).

The co has said that o/s should be in the process of being reduced to 500 mil. Since they always do what they say, I have no reason to disbelieve this and have continued to hold my investment based on these numbers.

And please, anyone who feels like responding to this saying spng is all a scan and has been selling shares into the market this summer- either pony up some proof, or don't waste your time.