Spongetech Delivery Systems, Inc. (fka SPNGQ)

[starfire]

Must Read and re-read...a post from yahoo....insidehedger.......

Who is buying up the REAL float? 16-Feb-10 09:45 pm
Hold onto your hats ladies and gentleman. The real float will most likely be held entirely by 10 people within the next two weeks. At such time, a release will be made to clarify ownership by each group.

When these investors demonstrate the ownership of 350 million shares, the company will ungag the T/A and release the financials. From there, the parties that committed the sins of our misfortune will be exposed, disgorged and destined for financial ruin.

The shares held by retail investors are certainly redeemable, do not worry. Full restitution is guaranteed by the guily few. These are not small houses. They will be exposed to the fullest. Spongetech legal is going to bring down major players, exposing the truth about the current market system.

Expect it to come down soon. Current management replaced as well from what I hear.

Whisper numbers of $5.00 -$7.00 per share once trading resumes on a National market venue. Such a number based on actual O/S and revenue.

A little more patience. Frustration abounds everywhere, but, I am looking forward to the very near future.