Spongetech Delivery Systems, Inc. (fka SPNGQ)

[SDBob09]

Not if they believe it's going to 0.00. I'm sure some shorts have covered, but if in fact the assertions by some are true that there is/was a large naked short position, I seriously doubt they've covered, nor do they intend to.

Look, few can argue that the SPNG 3 month chart is one of, if not THE strangest chart Wall Street has ever layed eyes on.

This is clearly a black or white issue at this point. It's all or nothing. $0.03 will quickly turn to either 0.00something or $0.20+ once the cards are flipped.