Replies to post #176574 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Webwyrm]

I personally value the debate. Helps me solidify what i already know in my head.. and hopefully help other investors.

[no_BS_plz]

The only reason I respond is because I have forgotten more about corporate accounting and audits than Harvard taught him, and I do not want him to think he is getting anything over on our strong shareholders.

But you are right, I believe most of the "real" shareholders already have limited his credibility to somewhere between -1 and 1.

[ckayela]

I don't think he has the $150,000-$200,000 to cover if he does short it.(conservatively)

[SRV-90]

It's because if we don't then they feel they have made their point and when someone is posting misleading or wrong information it's best to set the record straight.

Indeed spongetech's fair value is not reflected in the pps but after the 10-K we should see some ground covered in that department.

Yes, their promotional marketing and awareness campaign is quite amazing. They are getting the name recognition out there in the most amazing way.

Opus

[miami_vice]

"For this company NOT to go to a dollar a share they'd have to be lying about everything they've PRed."


And with the hiring of Deloitte & Touche' I think we got the answer regarding any doubts about that.

[44N47A]

Well said.