Replies to post #2999 on Spare Backup, Inc. (fka SPBU)

[raptornuts]

There is nobody that supports the stock anymore to my knowledge. Everyone is looking for an exit strategy.

Here is a dirty secret, since Cery did not file his financials most brokerages cannot sell the stock. So if you have stock in a brokerage account (not etrade, scottrade, or Td Ameritrade) you cannot sell. Very decided to pump the stock now while the large shareholders can't sell!

Most of the stock in the float comes from direct company stock sales. Those certificates can only be deposited with special brokers who will take this junk. Those brokers will not allow the stock to be sold- even if it is free trading!!

Cery knows this. He is a slick but intelligent scam artist.