Replies to post #190262 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Kung Fu Panda]

But you know a lot of investors here hung there hat on the NSS play. I think they all got what they were asking for in that a qualifying event happens which requires a full accounting of the shares. I for one am hoping there is some form of a squeeze play between now and the 22nd. But if it doesn't happen, it is still, in my opinion, a good investment. The company's prospects are excellent and the stock should continue to rise in value as I see it. Everyone ran from the stock yesterday and by the end of the day the stock seemed to essentially hold its own despite the panic selling early on. I think this is a stock I will continue to hold onto at least through the 10Q, perhaps longer. The company is its shareholders and whatever they do are in the best interest of the shareholders. JMHO

[huggarags]

SOB, You might not think there is a huge NSS position. That is up to you. Spongetech has, with the 8K triggered the shorts to cover. You will see when the 10k comes out the buy backs were done and the O\S reduced to at least 500mm. The short position is much higher than the O\S. If I am wrong I will be big enough to say it, will you? Did you pick up any cheep shares because I think you may have seen the bottom pass you by. Good luck as always.
Debbie