Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

SB,

A 300m long position was appealed for. Priced at $0.03 per share.

Mentioned a number of times.

Info./detail coming by way of our good friend DarkLady. A 'connection' to Mr. Moskowitz.

Our reasoning, at the time, that the overture came about post-May 2009.

And no. No 'shares' created in June. The shorting activity being of the legitimate variety. All set up and ready to go. Positions opened. Just waiting for the blogging. The follow-up FUD routine.

Complete with FTD's during our climb back above $0.20. Cleared up as market level once again tanked. The 1:100 intent declared.

The rest of the story we're all nauseatingly aware of.