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08/16/09 9:55 AM

#166152 RE: k9narc #166150

Massive dilution... Hmmm.. I think the DD you are basing that on is shallow and false... Dig a little deeper... you might like what you find... OOPS... assuming you are a long..
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timetomakemoney

08/16/09 9:57 AM

#166153 RE: k9narc #166150

LOL, tell your friends to cover. Booked sales for August will be out very soon.
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sponge_digger

08/16/09 10:16 AM

#166161 RE: k9narc #166150

I believe the shorts are with us like it or not. I spoke with Bill Young (SPNG IR) on the phone Friday who openly stated to me that "over 1.5bil shorts are out there and majority in singapore". Perhaps the reason for the increase in A/S is so these shorts can cover and like STOXMAGIC talks about...after the cover they can be forward split to the current shareholders and we as shareholders can benefit from the illegal activity. As the short positioned grow closer to facing the music we are seeing desperate and unsubstantiated claims about the company. I embrace this as it appears to spell out the shape of things to come. My opinion is that the company is hyperaware of the ss activity and has taken every step legally to deal with it and continue to focus on business at hand (Selling sponges and Branding a name).

Good luck to all and sleep well at night fot one day soon we might wake up and be listed on NASDAQ
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phrantic

08/16/09 12:12 PM

#166193 RE: k9narc #166150

What little NSS position currently exists here is being totally manipulated/used by the big boys that have hundreds of millions of shares, but it has become a matter of convenience to blame NSS which provides covert machination of the SP IMO. Really don't believe there is dilution going on.