Spongetech Delivery Systems Inc (fka SPNGQ)

[CYRXorbust]

its so easy to assume that once a stock reaches a target PPS it can be bought or sold in whatever quantity desired. but if there are shorts here that are on the hook for hundreds of millions perhaps 1 Billion shares they cannot just simply put in an order to cover their position and move on. perhaps one of the reasons the price got to such a depressed level was due to FURTHER shorting. there is no way the legal short report shows the entire short position in this stock. If this company truly diluted us and dumped Billions of shares on to RETAIL as you and others assume there is NO WAY we would be trading with such low volume given our gloomy outlook. if the OS is truly 2 Billion and Pike only holds 180mm shares where are the other 1.8 Billion shares? there are not that many retail investors holding SPNG

the stock was shorted to death via NSS plain and simple. you better hope that SM's high priced lawyers don't get SPNG off the hook or... UHHHHH OHHHHHH