Spongetech Delivery Systems Inc (fka SPNGQ)

[pantherj]

The level of utter ignorance and gullibility displayed by the Sparacino's is astounding. After all this time and in spite of all the evidence, somehow they still believe there is a "company" that can be be saved here if only a couple of managers who did a "few things wrong" were replaaced.

I suspect, once the dust settles, that their $20,000.00 loss will be on the lower end of share holder losses. I'll bet there are many in thr 100k area and more than a few in the 250K to 1MM range.