Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

I’m sorry, but that is just false. There is a massive naked short position in this stock.. There are so many reasons that point to NSS I will briefly just name a few.

1. REG Sho

2. The fact current official ownership is 350M and the outstanding shares amount to just 200M based on simple mathematics which can be found at this website.
http://spngdd.com/category/dd/

There are just to many, and I really don’t care to get into it more, but I’ll give a 1 more piece of evidence. Back in April when SPNG came out and said they retired 40% of the outstanding shares, the stock actually got slammed. Its clear that it was nothing more than a flooding of the market with airshares to deter anyone buying in.

We shall see soon enough.