Replies to post #58987 on Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

To be 100% honest i don't think it will be the 10q that causes the price to go up.... and this is all JMHO

I think a few things can happen..

1. this big buyer continues drives us up a ton your 10 cents might be about right...

2. there is some type of buy out if this happens i think this is how it will work.
a. 1 for 1 share dividend
b. cusip and symbol change
c. buy out of prob abou 20-30 cents a share

3. Short cover... if the shorts cover i don't know what would happen but i could see it going up way above what anyone could imagine... i don't know what would happen here as it would most likely bankrupt the short seller, and i don't know what the market makers would do.... if they would continue to cover or what'd they do... really if they covered the shorts on the open market the sky is the limit...