Replies to post #123827 on Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

What transparency do you want..

they tell us what's going on.. You don't believe them and say they aren't transparent because you don't believe them unbelievable..

Then down the road they confirm what you are worried about on a SEC doc and you come up with a new fear and will continue to say they aren't transparent...

Maybe this stock isn't for you... But to say some company isn't transparent because for whatever reason you don't want to believe them is asinine

[dawsons creek]

I can appreciate that. My thing is A/S goes up. Bad usually, almost always. But the big thing is the O/S, correct? Lets say come August 10K shows that the O/S is less than 722 million what does that tell us? The company has been buying back, retiring shares. So do you think the company is/has been diluting us? If your answer is yes would the O/S be higher than. In the presentation the company said they were buying back shares. The O/S has to be lower or they flat out lied on camera and I think about everyone in this world has evidence. Would I like to see the T/A ungagged? Of course. That info will be out soon. There is a bigger picture here. The company wants to see the price a lot higher. They individually own this stock and it does not good to dilute themselves. Of course if they are raising the A/S to dilute then they is how they are getting a paycheck, but I don't believe that is the case.

My question that I'd like to know your answer is, if the O/S is lower than 722 million (It will be) does your outlook change then? Cause you see the raise of A/S as way to dilute