Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Spongewood]

Spongeme,

I agree with everything in your post. I said two nights ago that the SEC didn't want to see a short squeeze and that has precipitated much of what has unfolded. Short-term, this is about as bad as it gets for investors like myself. Long term, I'm still postitive and bullish.

One request to SPNGE management: Cancel the R/S now! What were you thinking? Please give your long-term investors a break. Get the 10K's done as quickly as possible and there better be some really good news in there regarding share counts or upcoming business.

Still holding long but thinking about changing my alias to "Droopywood"