no, and further I don't think a short squeeze is even at all possible.
we have to look at the facts.
the sec got documents from SPNG... two weeks later they could not figure out where the sales were coming from after looking at the documents so they suspended the stock... further the company didn't report fully what they should have... (this most likely has something to do with the AS)... and maybe other things we don't know about..
Regardless of what happens, the company screwed up and not just a typo this time... they screwed up and did something very illegal...
Now if they ever get back to trading, we are going to have to factor in what is real... we know that the US sales are real... if this means that there were only 15-20% of the sales, well then the stock is going to need to take a 80% hit... and then if we find out if the company has been selling shares... it's going to have to take another hit... and frankly because their sales can't be verified even by the SEC who had their books... and were looking at their books... my guess is the only way they could pay for advertising they did was sell stock...
Remember selling R144 stock causes FTD's in the system...
Myis it doesn't look good... these guys look like they seriously took advantage of us....
and further I and many others ignored all the warning signs because we thought they wouldn't do anything illegal... well here we have it... as per the SEC they have done a few very illegal things... and we fell for it all, hook line and sinker...
that's what bothers me the most... that they did this to us... threw us under the bus... it makes me sick to think about it...
Everything I say is in my own opinion do not buy sell or hold based off what I have to say.
