Replies to post #153062 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Revenger]

I have a guess as well...

The float is gone, and has been gone for quite a while. The shares that people are/have been buying are nothing more than phantoms.

As Huggs pointed out, check out your L2. It is VERY different today. Now, what does that mean? Who knows for sure. But my guess is that MMs are realizing that this is the real deal, no one is SELLING their LONG shares, shorters are getting scared, and the REG SHO has opened eyes from the SEC to retail investors to the NAKED SHORTERS themselves.

I think it is coming together perfectly.

Now, thats not to say that the manipulation is over or that we wont see crazy 125+ million share trade days, but being under a microscope now, it will make it more difficult for the "people" who have been doing this.

The 10K will be great, the share reduction and new share structure will be great, ongoing license agreements with sports teams will be great, marketing will be great, and NEW PRODUCT LINES (as we saw yesterday) will continue to come out with our acquisition of DICON and all those patents.

This is not the beginning, this is far from the beginning, it began a long time ago and everything they have planned for is coming into place and the company is growing at an incredible rate.

Ask someone who SPONGETECH was in January of this year, you wont get much of a response. Ask them now, and you will get a much better response. Ask them NEXT January, and you will get a great response.

This is a growing company, great fundies, great outlooks, great products, and a great potential.