Spongetech Delivery Systems Inc (fka SPNGQ)

[Risicare]

he is just as stuck as the rest of the common share holders


Pike is far, far more stuck than anyone else. Somebody with 100 000 shares can sell and get out. Pike is completely screwed. The day he starts to sell the price will drop and then the next day it will drop even more. Then the filing with him selling will come out and all the "pike lovers" will try and get out as well. The share price will be decimated before he can get rid of even 15% of his shares.
Pike is down 90% easily now.