Replies to post #167303 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[spongeni]

New developments and adjustments are required in a fast growing company like spng. Think what you want about the A/S but I believe there is a good reason for the increase. 10K coming ...tick tock

[macklacrosse]

It did it's job right? Like i said, the more confusing the better off the company is- unfortunately keeping the bad people in the dark means keeping the shareholders there as well. It is really all or nothing because of SEC insider trading regulations. They cant just tell one person and not tell another, that would be illegal. The unfortunate truth is, that management cannot trust anybody outside of the company.

If one takes the time to truly learn, understand, and apply the laws and regulations relative to securities and they way companies are required to do things, you will understand the companies plan. The company has to adhere to very stringent and complex regulatory procedures while relatively speaking, those manipulating the stock can pretty much do whatever they want because of BS loopholes and lack of governmental jurisdiction.

Heres an analogy: Imagine if somebody broke into your house with a gun and while you are trying to stop them, the police show up and tell you "well we can't technically arrest the burglar...but, if you plan on defending yourself you can only kick them below the knee, at certain times, and before you can even do that you have to publicly disclose to the burglar how and when you intend to kick him"...