Replies to post #30967 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[crashman]

If you have more than 5%, you are required to file a 13G or 13D.

[stockman12345]

GMD and others...

I can understand that it could be illegal to try to 'trap' the short (if there is a naked short...)

HOWEVER, this is not a legitimate short....it is said to be large and NAKED. hence their position (being so large naked) is/should be considered illegal. If the short starts screaming here after a MOASS, what can they scream about? "FOUL, FOUL the company trapped my 200 million share ILLEGAL short position I was hiding!!!!"

To me its a mute point anyway; I think there is a bigger chance that the short/trading activity is coming from some sort of insider anyway (not necessarily the CEO or CFO) but probably attached to RME somehow. They know exactly what is going on, has some dirt/control on SPNG management and SPNG keeps issuing shares to keep things in check until they are ready to move the stock. IOW, 'I feel I am being played.'