Spongetech Delivery Systems Inc (fka SPNGQ)

[gentlegiant45]

IMO the SEC would do what I believe they are doing now orchestrating a safe and sane correction to the extent they can before letting it loose for the markets themselves to correct. I believe there will be a short squeeze, but much less destructive to the OTC markets than it could have been. IMO the SEC was presented with factual ,evidence of a rather large NSS position in SPNG and they have chosen to avoid another VW like the German markets had.

If anyone thinks the trading that has been going on recently is normal they are sadly mistaken. This trading is being manipulated by the powers that be. I already hear the peeps saying that is against the law! You are correct, but the SEC has taken the lesser of two evils in this case and there will be very little evidence to prove manipulation when they are through here.

I have flipped this a few times since my initial buy in, but I am in it until the end, this is just too interesting, to watch from the sidelines.

This is all just my humble opinion so take it for what it is worth. GLTA Go SPNG