Replies to post #294462 on Spongetech Delivery Systems Inc (fka SPNGQ)

[puppydotcom]

Puppy, but this is where Pike comes in. He is they key, his involvement has a lot of juice behind it, more then what people think.

pikes involvement has noting to do with the share holders - he is just a stuck holding huge losses as the rest of you .. and I'm sure he is not happy .. how could any sane person be happy losing his investment

I would not be a bit surprised if Pike
ended up as the lead in the class action lawsuits against spng


http://www.google.com/search?hl=en&client=firefox-a&channel=s&rls=org.mozilla%3Aen-US%3Aofficial&q=class+action+lawsuits%2C+fund%2C+lead+plantif&btnG=Search&aq=f&aqi=&oq=

[pantherj]

Pike has no juice. He has a $16mm at risk. Hardly noteworthy for a hedge fund. Plus, he is probably regarded as a pariah in his own industry for having invested in a penny stock.