Replies to post #288137 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Karmasaur]

Wadi, I'm no genius but it looks to me like a huge short position may have been covered on june 12 and 13 2009!


I wonder if a huge short position ever existed, but if it did, RME would have been in the perfect position to do it, don't ya think?



I wonder if maybe, a short covered on june 12, and RME then began to short it.

[Mingy]

I agree, thank you.

[abruzzese]

Mingy, they don't need the 10k to prove naked shorts. All they need is to ungag the TA or reduce the A/S. Either would in fact be BETTER than a 10k for showing the share counts (since folks around here don't believe the public filings).

One phone call to the TA and this goes to the moon -- BUT ONLY IF there is a massive short position.

Wadi

I agree. It's as easy as a phone call.