To be honest Steve I do not feel anyone is involved but rather we all got caught up in the mess.
Some give a good front that they are ok with what is occurring but I can assure you no one honestly is. The company made a mess of things and can care less about long term shareholders. Their focus is on the quick trade. Their actions are protecting the traders and hurting the longs. I guess this is a good example of why good investors always say never go long on a penny stock. Penny stocks are only for trading.
Now on the other side of that I held the sponge penny stock for 2 years and finally walked away with over 100k in profits. I was up and down but even though the company turned out to be a scam most that understood it in the end made out. It was those believers that lost everything.
SNEY will have a good run in the end of January I feel. I highly doubt we will see any filing within the next 3 weeks. After the warrants expire in mid January look for a round of releases in a hurry.
I have begun buying small lots at the low 4s when possible for the quick trade next month. I hope to eventually accumulate another 1m or more at the low 4's or if I am really lucky the upper 3's. It could turn out very profitable in about 3-6 weeks. I plan to unload into the rally rather than hope management finally figures out how to run a company.
So Steve I would say hold tight since I feel we will see the price shoot around 1 cents in the next 3-6 weeks. Unfortunately it will not likely hold since SNEY has a chart that clearly shows people to sell on any run.