Spongetech Delivery Systems, Inc. (fka SPNGQ)

[el_loco09]

the issue

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At $.20 why would they stick to a 100:1? Most likely if they still feel the need to r/s they will look at 25 to 1.

From $.20 a 25 to 1 gets us a $5.00 SP. That's 20 million outstanding with 300 million authorized. $300 million in sales with $60 million in income. Very respectable and now we list on the Nasdaq and stop these games.

What is the issue?
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This issue is that this your speculative fantasy with chocolate flowers and kindly faeries. It's possible it will turn out as you wish but it's unlikely.

I'm out and still pissed off about the loss of my paper profits since I agree with others who think this whole thing could have been handled a lot better. The Friday before labor day, I was feeling great about SPNG and happy that I had recommended it my friends. Last Tuesday changed all that.

Anyway, this is still tremendously interesting to watch and at least I was able to sleep over the weekend. Again, I hope for good things to everyone here who has the risk tolerance to watch this play out with real dollars at risk. I was in at .1177 with 500K shares and could not take the pressure.