Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

It always makes me laugh when people talk about pushing SM out. Like really laugh, its even more hilarious than when people say that MGMT should issue shares at 3 cents to the shorts so they can cover the short position.

You do realize its his company don’t you? Aside from him having the shares that carry voting rights, and the fact he built this company, you don’t even own real shares. You own counterfeit shares. If you want to complain, why don’t you start with the DTC, FINRA, and the SEC, for allowing you to be sold fake shares.

Did you neglect to notice that within a years time, we signed a deal with Viacom, marvel, Walmart, and retired the majority of outstanding shares? Yes, from 1.2B billion, to the current between 206-500, pick a number.

I’m not happy about the time frame either, but the fact is, its the regulatory bodies and the naked shorting hedge funds you should be blaming. If it wasn’t for an infinite amount of counterfeit shares being offered, we would be no where near these levels.

All the real shares are owned by insiders, face it.

If you can’t justify being long given the positive signs I posted in my last post, then liquidate your holdings, please. That would be the responsible and mature thing to do, rather than blasting MGMT on here and via email.