Replies to post #330112 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[zomniac]

50 Billion Naked Shorts ?
I'd like to know how the naked shorts were discovered, much less 50 Billion of them.

9-1 That does not take into account all of the naked short sales which could amount to 50 billion shares
viewer.zoho.com/docs/fMFbU

[Risicare]

The problem is eliaman he has no experience in the market and has been deluged by the NSS idiots. His office has clarified what he said and if you actually read the whole document you would realize that through the context as he knows little to nothing about the stock end.

What is wholly important in the document is that

-biggest mess ever
-the company will be liquidated
-shareholders will be wiped
- they have realized the SHELL is worth something and will be SOLD


Anyone with more than 2 brain cells and the ability to sell should be jumping with two feet as this is the end.

[patchman]

Actually that is not at all what he said... Silverman was clearly mimicking the comments he received from shareholders as he never - not once - identified how he came to any conclusion involving naked shorts. He did not even make 50 Billion a definitive number.

If you add up ALL the trading volume in SPNG, tell me how far back you go to equal 50 billion.