Spongetech Delivery Systems Inc (fka SPNGQ)

[1jk1]

fl,alot of things don't add up for example if you like said there are 3 billion shares that m&m dumped on the market where did all the money go spng wouldn't have any problem paying there bills.The daily trading volume for spng has been to light to justify 3 billion shares.What i am seeing is that after the document was issued right @ the end of dec,right after spng got there wn.Pike Capital bought more shares of stock coincidence or what and did he believe there was 722 million shares.Another thing also happened in feb 2010 the sec reinstated the uptick rule equivalent back,and that what the last time pike bought anymore shares was that coincidental also.It also made it alot harder for the short sellers to make a stock go down.Another one is that spng short volume reg/sho daily is over 50% and as high as 70%-80% on some days.Looks like someone is trying to keep the price from rising.I believe there is 772 million shares or less,i also believe there is a huge amount of stock that is NAKED SHORTED/like in the billions.And the last thing that the naysayers have been here 24/7 with NO financial interest that really puts the icing on the cake.tia glta