Replies to post #33783 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[now invest]

Interesting...

One comment made was that there was a lot of paid promotion going on... I don't think it is being paid for by the company.. and I like to point out I am CONVINCED that there is a TON of paid bashing going on... I can't keep up with my ignore list !!

Obviously every long has the right to question what is going on... I do often.. However one thing I do is pick up the phone or send an email to the company and ask WHY THIS or THAT... Hey.. I ask things like do you really think that there are NSS's.. OR... Do you have knowledge if Doug is a real person and is buying what he says he is.. or.. or.. or..

I think some here... me at times also... get upset over longs questioning things on the board.. because.. ONE "could we have an issue with this or that generates... 20 or 30 bashing messages.. and another 20 or 30 responses to them.. Yep.. everyone's right.. to ask... just things are a little sensitive.. right now... and those PAID bashers here.. take up toooooo much space IMHO..

On the FLIP side... WHY get upset... If you believe in the company... I "try" to laugh at the bashers.. and some of the questions... because... I look at the numbers and frankly... THEY ARE GREAT....!!!!!!!!!

For example... DILUTION... what a joke.. LOOK at the REVENUE and PROFIT increases.. in the last six months WHICH has gone up by a higher percentage.. ??? Profit or shares??? AND unless managment are OUT and OUT liars... Outstanding SHARES are about to go DOWN!!! and PROFITS UP!! They have made clear statements about the RME shares... Frankly IMHO.. it would be FRAUD if they are misleading us.. Right now I am awaiting to see what JAMES PLANT CEO of CKYS gets for a prison sentence.. for fraud!!!! I doubt Mike or Steve wants that.. I am very confident of that... IF I THOUGHT THEY WERE LYING .. I would be gone... and NOT buying .. as I have been just about every week.. and sometimes several times in a week...

Long way of saying ... ask away... but sometimes private emails or simply calling the company is a better way... OH>.. I admit(and am not happy) that the Management TEAM is not the BEST on their TIMING estimates!!!!!!!!!!!!

I also admit... I love the revenue and profit growth!!!!!!!!!!!! and I figure my analysis with everything from the 200K shares to 1.3 billion shares when I ask... what is the fair price of the stock..!!!! then I pick a "reasonable" level to me... and say... WOW!!! .02 isn't close to what this stock is worth... IMO.. WITHOUT ANY MOASS !!!

Good luck with your investment... try the number thing.. and put in the scenario YOU think on shares!! Helps me sleep better at these low prices....

Waiting....

nowinvest..

[wadirum1]

Snake and Jim,

You guys are both right. Jim's right that it is reasonable to assume that not all questions can be answered in a single day, week, or month. Snake is also right to say that If you can't answer my questions with a response other than grow a set, then don't reply to my posts, I honestly don't care, because I have a set to put this kind of money into a penny stock.

If Snake or I or Uglytuco ask a question that cannot be answered because things take time, then simply say "Hey, I know it is not fair that I have inside information that you don't. But life is not fair, and you can't have that info now, and all I can say is that the future looks bright from my perspective."

Or, you can keep reminding the small retail guy of the key pieces of the puzzle and suggest possible ways they might fit together -- just like the great posters on this board are doing.

WHATEVER...I'm not going to worry too much about Furth right now. Either he is a self-interested SOB or he is my huge benefactor. I'm not going to bash him before I know which. If this thing proves to be as lucrative as I think, he probably will have played an important role. I've posted that I will try to be first in line to buy him a drink if this works out well. And until then there is no point in even starting to form any judgments.

And FYI, my understanding is the while the guy does seem to attract litigation, some of these suits are countersuits. If EXXON screws you over, you sue, and then they counter, that does not automatically make you a crook. It just means you are someone with a much greater tolerance for litigation and borderline legal situations than I have.

Wadi Rum