Stoxmagic - A Bridge Too Far...
Greetings Stox: Sadly, Spongetech's management/atty's have waited too long...to officially do something, or to officially say something. On another board, today, a couple of "faithful long stockholders," reportedly holding millions of shares, have written they will now sell. Thus, SPNG loses more of the core of its loyal defenders.
Others on that board, and here, grow weary of endless waiting, because of the lack of clarity of purpose from management. Given the environment of the info-unknown, the "bash and smash set" win. And are winning...and should win, because investing, in large part, IS information.
There is a great movie (circa 1977) I'd offer to you to refer to management, if you do indeed have some type of access to the inside. Called "A Bridge Too Far." The analogy is self-explanatory, I think; and sure looks much like what management (if indeed not a pump and dump operation) is similarly carrying out, albeit with or without understanding. Regardless in the beginning that the problem was NSS, shorters, or other bad guys, the fault is increasingly becoming management's.
GLTU.