Replies to post #22415 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[reaper21]

Just look at the Acc/Dis line last 6 months (this is where the real shorts begin) then you will get an idea how many shares is NSS. Of course you have to exclude some shares that the company issue to its vendors for services became unrestricted and you have to believe in the mgmt not diluting any RME shares for the line to work, which the mgmt said they had 660mm in the last PR, so no dilution.

[crodad]

FYI, I asked Bill the same question and he said he personally believes 150M. I have it in writing. Not sure if the poster is full of it or if Bill gaves two different answers, but I am guessing the poster is full of it.

[GeeMoneyDollar]

I believe the NS position is higher than 100mm, but most likely not 300mm. Somewhere in between. Honestly just my opinion based on what management has announced (100mm shares floated), and what I believe with a high level of confidence the share counts that others are holding long.

It's impossible to determine an exact number here as it can change by millions every trading day. And it's impossible for us (at least for me) to tell what those other 2350 investors are holding.

[flaflyersfan]

wadirum1, way more people bought SPNG stock today than sold it;

If they do it again tomorrow, SPNG stock will rise again.

To believe that there are less than 100 million Float with 41 million shares accounted for (59 million Float) when 36 million shares trade in one day at a .001 spread between the Bid and Ask...

Here is to continued buying of SPNG stock. Nothing else is more important.

Good luck.

[wolveryne9]

Ok my last post for the day I DID call anyone questioning that can kiss my.Secondly Mr young was not in it was some other guy he said he could answer basic questions I asked about this supposed 300 million short he said and I quote" No it is not 300 million it is more like 100 million"I asked what about the postings on ihub and I was reading alot of other things again he replied and I quote "Dont believe anything posted on the message boards."I asked why not he said people have their own agendas.I wanted to ask more questions but i had to get back to work.Their you people can either believe me or not but as i said before I've fallen for the whole naked shorts thing to many times.So I'm done posting for today.