Replies to post #187273 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Jim54]

I don't think I misunderstood you, but thanks for the response. No one needs to convince me that Mr. Moskowitz has both the business end and NSS end firmly under control, or that the majority of those airshares are now in firm hands. It is also comforting to hear of the heavy capital backing up SPNG, because we all know a battle will ensue. My guess is that NITE is the market maker who came crawling in to ask for 300M shares at .03.

Anyway, your contributions are always welcome and thanks, again.

Mrs. Jim

[SDBob09]

This is becoming a most classic case of cat and mouse... and I believe the mouse is cornered.

The entities responsible for selling and thus creating these air shares are financed beyond what we may expect. I have heard fears of bankrupting brokers or hedge funds and such, and IMO that will not be the case. These entities have successfully destroyed many micro-cap (and larger) companies and are very, very well heeled.

They are also not used to losing and have not come to grips yet with the fact that they ostensibly have no way out of SPNG without taking a bath, but when forced are prepared to do so. I believe they, like us, are waiting for the 10K and more importantly, again IMO, the 10Q in October for validation of the legal share structure and financials. Information within these documents may very well demand much higher share prices than these current levels.

At some point they will begin to resign themselves to the fact that we will never be in the teens again. As they break ranks and begin to cover, a very interesting thing happens.

MOST of the shares in your account MUST be bought by them and then evaporated back to the thin air from which they evolved. MOST of us will likely never see Nasdaq as a very large majority of our collective shares will no longer exist.

At the end of the day, upon CUSIP change, there will only be as many shares in the float as are legally allowed. Those with real certificates behind them.

GLTA

[risk54]

This a post from D.Furth, copied and pasted from yahoo. I believe that he and darkLady might be on to something regarding fridays trading.

The shorts tried an succeeded to take it down, only to have the thing blow up in their face from the massive buying.

Friday may have sent the final message to the shorts that they can't win.



"Friday the retail peons and the shorts attempted to kick the stock in the head and take it down, thinking that they could make some hay as many were away for an early start to the holiday weekend.

As you plainly saw, they were wrong, eh? It was they who got kicked in the head - AGAIN.

As I have said to you all many times before, it is most wise to follow the money and to learn from history.

Just because the stupid traders and the perverted shorts cannot do this, does not mean that you longs have to repreat their fatal"

[TheFinalCD]

Be careful, don't misunderstand....

my comment. There are over 2 billion shares owned by solid longs, they know they have air shares and will be fully compensated when this all blows. But these people who own the shares know the situation, they are very well capitalized, can handle the NSS.

Remember the AS is now 900 million and the float well below 500 million. It is getting a might touchy for the NSS, don't you think?

This is where people don't understand Steve M. They condemn him, call him dishonest and under handed. In fact he has been developing over time an exquisite plan to deal with the NSS and eventually move us to a higher exchange. He is an exceptional businessman with exceptional contacts in the business community. Also he has access to all the money he needs to complete this process. Remember they bought Dicon with an all cash deal. Where do you think the money came from?

Take Care,

DarkLady