Replies to post #108267 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Mingy]

Richwaters: Comes back to fair value, which I saw is around $1, but could be much higher if they retire shares and come out with more products, or enough investors deem its pe should be higher than 15. I think the risk of not getting out over a $1 is that, it goes back to fair value, $1. So no reason to sell then. Make these guys pay, i'm scaling out but don't see why $20+ is not possible.