InvestorsHub Logo
icon url

overachiever

01/03/10 10:34 AM

#275132 RE: starfire #275131

That Yahoo post is utter nonsense designed to try to convince others to buy while someone else dumps.
icon url

big lug

01/03/10 10:39 AM

#275133 RE: starfire #275131

Based on this is the expectation now that RME holds zero shares of SPNG?

Big Lug
icon url

1jk1

01/03/10 10:48 AM

#275134 RE: starfire #275131

Moskowitz' 3 http://www.sec.gov/Archives/edgar/data/ ... 891_ex.xml
9,921,333 Steven & Mindy Moskowitz Trust
1,185,595 Flo Weinberg, Inc.
66,154,875 RME

Lazauskas' 3 http://www.sec.gov/Archives/edgar/data/ ... 369_ex.xml
11,168,002 Direct
16,350,000 Spouse
66,154,875 RME
-66,154,875 (remove from total as these are counted in moskowitz' form 3

Metter's 3 http://www.sec.gov/Archives/edgar/data/ ... 363_ex.xml
2,165,000 Direct
103,470 Spouse
3,500,000 DL Investments, Inc.
50,000 Tiburon Capital Corp.
66,154,875 RME
-66,154,875 (remove from total as these are counted in moskowitz' form 3

Pike 13g http://www.sec.gov/Archives/edgar/data/ ... 102909.htm
16,762,250 LP Fund
125,237,750 QP Fund

Furth 13g http://www.sec.gov/Archives/edgar/data/ ... asc13g.htm
41,000,000 Signature Equity Fund, Limited Partnership

Levin 13g http://www.sec.gov/Archives/edgar/data/ ... asc13g.htm
40,982,960 Joel L. Levin
1,100,000 Ava Levin Educational Trust
6,830,000 Mary Jane Levin
425,000 Levin & Associates Co. LPA
2,350,000 Thomas A. Muzilla
138,000 Terence Ryan
1,847,000 Susan Hunt Levin
3,207,786 Guerman Nemirovski
424,341 Reid Levin
200,000 Laurence E. Saulino
6,344,700 Joel Trockman
10,461,133 George R. Louis

Total
367,909,195 + 3 million+/pike= 371 million
glta

Spongetech Delivery Systems, Inc. (SPNG) Stock Trading Info:
**** I believe that rme position is less then 10% based on 723 million shares.No need to file. glta *** you do the math
Btw if rme 66 million shares get repurchased that could bring it to approx 305 million shares outstanding,also believe at this time the float is all dryed up.****305 million shares O/S>>>THATS IT.Btw it also seems apparent trading in the price range .04-.05 cents.That someone is accumulating shares
"Everything i post is only my opinion"
glta
icon url

puppydotcom

01/03/10 11:43 AM

#275155 RE: starfire #275131

But, the Wells notice , in my opinion, was a means to the end for the covering of SOME of the NSS and there can still be a squeeze of approximately 700M shares, less than the 1.5B we hoped for. BUT, then comes PIKE to join the game and probably get some retrubution on those that beat him up in the past. His shares? Well, lets just say that they will not be sold for .28 cents. Oh, the small retail investor will bail at .15, .20, .30 cents and vow never to play penny stocks again.

I'm sure the SEC suspended spongy - dropping them on the greys and issued a wells notice ..

in order to help spongy beat the (fantasy ) NSS

yup.. that must be the story!
icon url

Zorax

01/03/10 1:23 PM

#275228 RE: starfire #275131

~!~ Perhaps conveniently ignoring the post after post rebuttals that shred this pumpers 'ramble' allows you to continue the charade and dump more into the black hole, eh?

reposted from your link:

Re: I was a hedge fund junkie! my opinion...3 part.... 3-Jan-10 10:33 am
as i look at all of the kool-aid drunk longs willing to lap up more of your deceitful posts, i am truly saddened. the lies pile up so quickly.

""The Wells Notice is a means to the end of the SEC interference. ""

i see. the WN notifying MM and SPNG of the long list of fraud charges they face, relating to selling unregistered stock, lying about sales, lying in PRs, and a little wire fraud and money laundering thrown in.... is the END TO SEC INTERFERENCE???!!!... stop lying please. this is the first step in a very long painful ugly road for them. are you saying that thw WN is the end? thats the way the SEC walks away? how low will you go?

""" A Wells notice that was as vague as the one sent to Metter is most likely a trivial compliance issue and will be quick to become history. """

there was nothing vague about the multitude of very serious charges leveled against them. the only thing likely quick to become history when the process continues is the freedom of MM and the continued existence of SPNG.

""it is in fact a positive sign ""


it is one of the most NEGATIVE signs you can ever have. it tells you that after months of looking and speaking to SPNG people, the SEC felt there was plenty of evidence to pursue action against them.

""Management played "chicken' to the very end with the hedge shorts and will win big time""


no, they played with the SEC and shareholders, and have lost big time.

""The longer the SEC dragged their feet, the longer it would take for SPNG to get the OTCBB listing back. ""

there can be NO dreams of a relisting without the 10k. stop lying. and there will almost certainly NEVER be one.


""What the SEC found had to be inconsequential to the stock or company itself, as if it were fraud, it would have stated such and trading would have been halted immediately""


have you read the charges?? they include fraud after fraud after fraud. and as for halting, you know very well. mr. "inside" (LMAO) that the SEC does not do this. that takes years, and would come at the end of the process which has only just begun, with the first step. the WN, notifying them of the SEC intention to pursue them, and allowing them to submit a defense, if they choose.

""The Notice, if you can read between the lines is most likely an injunction of limited nature to two of the SPNG managers ""

i guess you chose to read between the lines and ignore the lines themselves. what a sad scammer.


"" not a material mistake to the business of the company.""

really?? lying about sales and profits while dumping stock is not MATERIAL?


""Next week I expect several key announcements that will make many people stay long""

how could you posiibly know this? are you an insider? link to this untruth?

""the Wells Notice will cause a considerable appreciation to the pps of this stock.""

this unqualified statement as fact needs to be forwarded to the SEC. you have stepped over the line. careful....


only completely delusional kool-aid drunk longs have and will believe anything you have written. but as there are many, you might just be able to dump your payment shares before they do. good luck.