Spongetech Delivery Systems Inc (fka SPNGQ)

[hasher]

Promoter costs: So much backtracking .
and again the promoters numbers.
Unfortunately, these guys hide everything so well its hard to keep up

June 8: $15,000
June 10: $8,000
June 12: $265,000

Those amounts are documented for a total of $288,000

and now the big one.
June 9: 2,350,000 shares at an average selling price somewhere between .12 and .28 on the runup,
or, dollarwise, at the lowest, $282,000
and at the high end, $658,000.

Add it all up and:

lowest possible total spent: $570,000
highest possible total spent: $946,000.

The real amount spent will be somewhere in between that.
That is in a 5 business day period and its easy to see how the PPS got to .285
we know promoters never hold stock on a P+D so rest assured that stock went back into the market. Not really a lot of shares considering how much was washed through that week.