Spongetech Delivery Systems, Inc. (fka SPNGQ)

[MovedOn]

It's all really quite sad and those longs that are continuing to bail, such as myself on Tuesday, should consider themselves fortunate to escape with profits. I've been on the other end of the coin in the past and got in too late and paid the piper. A lot of people are paying the piper on this one with each passing day. I use "piper" because what I really want to project is something that will get deleted.

I am on the sidelines and will continue to be as SPNG sinks to oblivion or rises up from the ashes. Management really humped the puppy IMO. I hope they learned and it's not too late. Great product and marketing strategy, too bad piss poor financial management...people get fired over this.