Replies to post #330125 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

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

Nasdaq.com shows the company's trading history going back to 12/06. Based on a VERY dirty summing of that data I'm comfortable in saying that the total reported trading volume in Spongetech shares since the beginning of time does not approach 50 billion.
http://www.nasdaq.com/aspx/historical_quotes.aspx?symbol=SPNGQ&selected=SPNGQ


As a common sense proof:
There have been less than a thousand trading days since 12/06. 50 billion shares would require an average daily trading volume in excess of 50 million shares.

[Virtual Drew]

I love STATS and NUMBER CRUNCHING!

How about NEVER!

As of December 4, 2006 - 18,571,057,612 total shares have been traded.

That's 18 BILLION for those that cannot count

Numbers taken from: http://www.otcmarkets.com/stock/SPNGQ/chart

On average, SPNGQ (on average) traded 19,548,482 per day.

It would have taken SPNQ roughly 10.25 years to trade 50 Billion shares!
(Assuming 250 trading days a year and the average daily volume above)

Only more proof the "back room spin" continues!
It's absurd anyone even puts any ounce of credence in these court documents. I think Silverman said that to mock the NSS-theorists!

Even the most unsophisticated trader realizes how ridiculous these claims are!