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Old 10-16-2009, 09:41 PM   #51
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game over. D&T are out.....

EDGAR Filing Documents for 0001144204-09-053394
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Old 10-20-2009, 04:50 AM   #52
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i don't know what any of this means. explain plz.

oddly, the stock is up today (over open)
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Old 10-20-2009, 04:58 AM   #53
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i put a limit order in at .07, my break even point, to sell if it gets up there. i'll walk even, regardless of what happens.

there's other fish to play with then someone with legal issues anyway...
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Old 10-20-2009, 08:17 PM   #54
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Quote:
Originally Posted by briansol View Post
i don't know what any of this means. explain plz.

oddly, the stock is up today (over open)
it could be one of several things

1) DT found some nasties in the accounting and is backing out

2) DT was set to begin at the filing of the 10k, no 10k=no DT. DT may have had people ready, but with no work to do, they are moving on.

3) DT helped with a sale of spongetech and now there is nothing left to do.

4) Spongetech has no money and can't pay DT. so the deal is dead.

5) DT doesn't want to be around negative press.

most of these are bad. the only thing i can think that could be good is a sale of the company. regardless, DT is done-zo with sponge.
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Old 10-21-2009, 03:48 PM   #55
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looks like you might want to pull that sell order. it could hit .07 today.
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Old 10-21-2009, 11:54 PM   #56
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i changed my order to 12 cents.

i'm shocked that it doubled today.

wtf. i have no idea whats going on with this thing anymore. i want out, but i'd love to see it successed again too, but its not even on pinks... its on greys. and everyone is getting sued... i just don't want to miss the boat again. if it goes to 8 and starts to flat line tomorrow, i'll likely cancel my 12 limit and dump at market.
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Old 10-22-2009, 11:44 PM   #57
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rumor is they are being bought and thats why DT isn't working with them. new company has accountants and auditors.
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Old 10-23-2009, 05:02 PM   #58
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thats good news...
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Old 10-23-2009, 07:01 PM   #59
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hopefully that is what is going on. but i'm getting tired of waiting. hopefully something happens soon.
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Old 10-23-2009, 07:38 PM   #60
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somebody had fat fingers. i got excited for a second.
Attached Images
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Old 10-24-2009, 07:16 PM   #61
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seems to happen a lot
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Old 10-27-2009, 10:06 PM   #62
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all form 3's have been filed by sponge management. outstanding shares is going to be accounted for very soon. hopefully we have some good news.

when the o/s is official, shares will either plummet or skyrocket.

< 2.5 billion o/s = bad

>700 million = vacation
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Old 10-28-2009, 05:50 AM   #63
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at 3bln, .036 is the price even. so, i don't think we have TOO much to go down if its truely bad.
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Old 10-28-2009, 05:52 AM   #64
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I canceled my sale at .12 cents. i don't want to miss it if it explodes back to 20+ again.
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Old 10-28-2009, 11:36 PM   #65
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i don't think it could explode that high, that fast. it will take a couple days. not like when it went to .28.

i'll be selling around .20-.25. at least putting in a stop limit if it's a gradual ascent. i'm not going to sit through a bunch of bs. i want to get out with some decent money and stay away for a long time.
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Old 10-29-2009, 08:29 PM   #66
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Yahoo! Message Boards - SpongeTech Delivery Systems, Inc. (SPNG.PK) - O/S = 724 Million (According to Pike)

saying 724 million....
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Old 10-29-2009, 11:46 PM   #67
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from what i've read those are o/s stats from april. only way to analyze is look at fresh numbers. could be dilluted since then.
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Old 11-13-2009, 09:04 PM   #68
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not sure if i want to buy more with a limit of $.045 or sell everything at .05.

i've had a $8000 swing from it's high point to where it's at now. $8000 fucking dollars. if i sold at .20, i would be sitting pretty.
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Old 11-14-2009, 08:55 AM   #69
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TRUST ME Im right there with you. it hasn't moved at all all week. i'm sitting on it for now.... maybe get some good news in a couple weeks.
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Old 11-16-2009, 08:02 PM   #70
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i'm still curious about the pike investment. why would they dump $4million into a de-listed stock?
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Old 11-17-2009, 06:08 AM   #71
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Who knows. They keep saying stuff is coming, but nothing has happened for weeks now.
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Old 11-17-2009, 06:57 PM   #72
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now the new pump is november 20th. nobody will say what it is, but apparently it's 30 days since it's had form 211 filed.
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Old 01-04-2010, 06:15 PM   #73
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bye bye money. i bought in heavily into this one. shoulda sold in september. now i'm out a crapload of money. this one hurts.
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Old 01-05-2010, 04:49 AM   #74
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is there news? its been 4-5 cents for months now...
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Old 01-05-2010, 04:49 PM   #75
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yeah, they had a wells form filed. basically the SEC notified them that they are going to be pressing charges on management.
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