InvestorsHub Logo
Followers 209
Posts 32165
Boards Moderated 1
Alias Born 06/30/2009

Re: weeblewobble09 post# 317692

Saturday, 05/08/2010 5:24:55 PM

Saturday, May 08, 2010 5:24:55 PM

Post# of 346917
Weeble,
His INITIAL filing is here:
http://sec.gov/Archives/edgar/data/1201251/000101359409001619/xslF345X02/spongetechfm3-102909_ex.xml
Note that it indicates "event requiring statement-9/28/09".
That date refers to the date that SPNG filed to register its shares via a Form 8-A:
http://sec.gov/Archives/edgar/data/1201251/000114420409050269/v161426_8a12g.htm

Basically, what this means is that his first 100,000,000 shares were purchased prior to 9/28/09. That's all we know about them date-wise.
As far as what he paid for them is concerned, I was able to back into the average pps (.138) by working backwards from subsequent filings:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45348177
As you can see, based on that average I took a poke at his timing, but couldn't be certain of it.

I could never join a club that would have me as a member...........Groucho

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.