Replies to post #20851 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Carpedeim357]

Snake in a way you are right because for management its not about what stock price is when a 5 million 10K. They know if their plan works and company grows to 100's of millions, they buyback rme shares etc in a few years stock is $'s. SO yes IMo they don't care more about price now to spend money about it then funding the foundation of what they plan to do build a big company. I said now for a long time they are planning on winning the marathon this takes not in the first few miles. The dilution and funding now is like hanging back until the time is right to move to the lead and win the race.

[Wrinkles]

On a lighter note, Steve sent me an email stating they are going to start working on the PPS... so maybe some good stuff will be coming soon...

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Let's just hope that help comes before .01 gets here, everyday we bleed another 5% to 10% it seems. It is getting old for me I must admit. Taking a beating and have no interest in holding this stock for 6 months or a year. JMO

I was hoping management would want to put the screws to shorts/NSS. Sure doesn't seem to bother them at all.

Am I the only one noticing we have no runs upwards anymore? When she hit .017 SPNG went to .04's, then down to .035, back up to .045, back and forth, but she had nice movement and volume a 2 or 3 months ago. What happened, why constant down pressure with brief moves up 10% before finishing down daily, definitely down each week for quite a few weeks in a row.

So many good things going on for this stock, but why doesn't 2 + 2 = 4?