Replies to post #120509 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[tothe]

FinancialAd..you are correct, the counterfeit shares were buried in the heavy trading. I do think this stunning run-up in June must have tripped a lot of margin calls. We will have to wait until November to see June's totals.

[z4lover]

just a quick thing... 5 million shares is about 2.2% of our tradable float... not under 1%

now may I ask you why you think someone would be selling nearly 2.2% of the float short... at any one given point... and remember that's just the ones that weren't ex-cleared... they could very well be a whole bunch we don't know about...