Spongetech Delivery Systems, Inc. (fka SPNGQ)

[sponge_digger]

people can dream all they like - but, pike has been the primary buyer of spng ..

I humbly disagree. Although he is buying the biggest chunks and must report due to his prior beneficial ownership, there are still many buyers that are covering a bad bet IMO

he is the lead buyer in the PPS increase which helps fuel the fire for other buyers

WHEN he is buying... I agree with this statement. Many are making him out to be buying every day and it is obviously not the case. Even if the theory of him spending his days "wash trading" where true... the bottom line is a rise in PPS and if one thinks that he is doing this so that he can dump a few hundred million shares into a pump that he created... well thats laughable don't cha think? He is going to need either an authentic increase in price based on data and facts, or a tender offer to realize from his investment.

there has been no positive news for the company in regards to the SEC wells notice and lawsuits

There has been no negative news either... lets call that one a draw

if it were not for pike the PPS would still be 3 cents or less.. if this keeps dragging on .. it will turn back down .. without positive news

A reasonable statement. Many (such as myself) view pike as a major source of positive news. In this economical climate it does not make sense to gamble with the kind of dough he has been putting on the line.

I don't care what anyone says - you can not trust the grey market and the trading numbers - they are easily manipulated by outside forces because of the way the trading is handled

Perhaps you know more about this than I. One thing I am sure of is how easily manipulated by outside forces on the pinks and the OTCBB

an occasional penny stock web site will pump the stock with PR's because they may have taken a position in the stock .. that's the extent of the promos going on in spng

and its just my O too..

Everyone has a right to their opinion. Mine is that these guys will emerge from this mess with the SEC with minimal scaring. I also suspect that this company will be sold very soon.

Again JMO

My last post of the Day

GL