Details On Why Spongetech Delivery Systems Inc. (SPNG) Is A Blatant Pump & Dump - Timothy Sykes

Details On Why Spongetech Delivery Systems Inc. (SPNG) Is A Blatant Pump & Dump

You’ve seen my posts calling SPNG a pump & dump HERE and HERE and students of my PennyStocking instructional DVDs, specifically my TIMfundamentals DVD package, in which I explain my research process in a 6-hour 4-disc DVD package (with huuuuge instruction manual & 30-day satisfaction guarantee), know EXACTLY why but for you lazy/gullible suckers out there, the following is why I shorted 10,000 shares at 18ish cents/share late Friday (Over a dozen TIMalert subscribers are short at 18, 21, 23, 24, 26 and 27 centsshare, some of whom covered as low as 8 centsshare on the predictable intraday drop…yup, that pattern is not unique to SPNG, it’s happened about 1,000 times in the past few years and I’ve made several million dollars trading these pump & dumps, that’s why I teach from experience)

Here are the facts:

Revenues and profits sound like they’re increasing nicely and you’re encouraged by all the company’s marketing efforts, but the company’s management are all known stock promoters and they’re feeding you exactly what you want to see in order to pump their stock price so they can dump shares on you….this is not the first pump & dump, it’s definitely not the last, you can learn how the game actually works (I mention my study materials over and over because I’ve made millions over the past decade (yes, don’t let my small demo account fool you, I’ve made over $3 million playing this EXACT kind of pattern, see my bio HERE)

In short, I don’t believe a word SPNG says about their business, the new orders might be real or not, but I wouldn’t be surprised to see them selling these sponges at a loss just to get the headline #s up (it’s not about the porudct guys, the promoters just need a story to sell to get the stock up)…they’re friggin stock promoters, they could claim their working on a new sponge that when used enough will help you fly…probly schedule for August release! That’s how ridiculous their claims are, you can NEVER trust a word any stock promoter says because their entire business is information manipulation.

Get ready for a whirlwind tour of what actually matters in penny stocks, it ain’t revenues and profits down here in the gutter, it’s supply & demand of shares! (Suckers and manipulators would liek you to believe otherwise, but their HORRIFIC track records speak for themselves (not to say it’s not a good idea to buy pumps, I made my first million buying, now I mainly profit from the short side since it’s more workable/ethical/teachable)

SPNG is the single greatest penny stock issuer of shares because stock promoters are in charge so they’re like the US government printing $, except they don’t have anything backing them up, they just have PRs, positive articles they paid for and a bunch of suckers running around believing their scheme.

Take for example on June 5, 2008, when CEO Michael Metter said:

With our balance sheet and cash positions, we have greatly improved due to the increased sales of our products. We do not expect to have any dilutive financing in the near future.

Lots of other positive BS in that article and ALL their other press releases, read the comedy if you want, but be sure to read the disclaimer:

TGR Group, LLC has been paid a fee of $30,000 cash and 750,000 shares of newly issued restricted stock by Spongetech Delivery Systems Inc. for coverage of the Company. Additionally, one of the managing Members of TGR Group, LLC has purchased 150,000 shares of Spongetech Delivery Systems, Inc. in the open market with an average cost basis of $.035 cents per share.

Now why would a publicly traded company pay piece of crap websites with a email lists so much cash and stock if their product was really that good and they were secure in their financing? After all, this is a company with hardly any cash or working capital:

As of February 28, 2009, we had cash in the amount of $34,570 as compared to $19,387 at May 31, 2008.

More importantly, why would Metter turn right around and contradict himself just a few months later by issuing 700 million+ shares to himself for a few million dollars?

Taken straight from the SEC filings (which suckers don’t even know how to read/check):

During the three months period ended November 30, 2008, the Company issued an aggregate of 409,953,442 shares of common stock to RM Enterprises International, Inc., a related party, in consideration for the conversion of an aggregate of $6,319,569 in debt or an average of $0.015per share.

During the three months period ended February 28, 2009, the Company issued an aggregate of 306,412,290 shares of common stock to RM Enterprises International, Inc., a related party, in consideration for the conversion of an aggregate of $1,188,970 in debt or an average of $0.0039 per share.

Yup, you read that correctly, this tiny company went from just over 100 million shares outstanding (already a lot to over 700 million shares outstanding) and management issued shares to themselves at a 40% discount to the market!

There were so many shares issued the board even had to approve a special corporate allowance to issue so many shares in the first place:

Effective October 8, 2008, the Board of Directors of the Company amended the Company’s Certificate of Incorporation to increase its authorized capital to 1,000,000,000 shares consisting of 950,000,000 shares of common stock, par value $0.001, 40,000,000 shares of preferred stock, par value $0.001, and 10,000,000 shares of Class B Stock, par value $0.001. The Class B Stock is a newly created designation.
And it looks like more dilution/looting is on the way considering they had to up one billion allowed shares to 1.3 billion!!!

But just a few months later, they needed more room to issue more shares:

Effective December 12, 2008, the Board of Directors of the Company amended the Company’s Certificate of Incorporation to increase its authorized capital to 1,305,000,000 shares consisting of 1,250,000,000 shares of common stock, par value $0.001, 40,000,000 shares of preferred stock, par value $0.001, and 15,000,000 shares of Class B Stock, par value $0.001.

Oh wait, but they weren’t done just yet:

On March 9, 2009, our Board of Directors and shareholders holding a majority of the outstanding voting stock of the Company approved a resolution to amend our certificate of incorporation to increase our authorized capital to 1,555,000,000 shares, of which 1,500,000,000 was common stock, 15,000,000 was Class B stock, and 40,000,000 was Preferred stock. We maintained our current authorized 40,000,000 shares of preferred stock and 10,000,000 shares of Class B stock.

And ya know, the potential to have 1.55 billion shares, a 1500% increase since last year, just isn’t enough, so they did one more hike to 1.86 billion one month later!

Also, on April10, 2009, our Board of Directors and shareholders holding a majority of the outstanding voting stock of the Company approved a resolution to amend our certificate of incorporation to increase our authorized capital to 1,860,000,000 shares, of which 1,800,000,000 was common stock, 20,000,000 was Class B stock, and 40,000,000 was Preferred stock. We maintained our current authorized 40,000,000 shares of preferred stock and 10,000,000 shares of Class B stock.

Too funny. Silly stock promoter wannabe management, don’t they know that kind of excessive dilution is toxic to share price?

Of course they know! To cover up this personal looting, they issued a buyback program and had press releases saying it was illegal shorts who were driving down the price (aka enrich themselves & trick shareholders by creating a fictitious enemy all while buying back

The Company initiated a share repurchase program on September 5, 2008. As of the date of this report, we repurchased 3,265,050 shares of our common stock which shares have been returned to treasury and cancelled.

LOL, issue hundreds of millions of shares, don’t have ANY PRs about that and then buy back 3 million shares (they haven’t bought a single share in 2009, this is when the pump & dump happens!) and promote the heck outta of it. Good one guys!

So while they can say whatever they want in PRs & attract idiot investors through sports sponsorships, the SEC filings tell the sad state of affairs.

Oh yeah, and there’s the management’s/investor’s shady pasts…ALL involving defunct corporations, companies that change their name to hide the stench from their pasts and other manipulated or dead-on-arrival OTCB penny stocks (none have ever made it to the more highly regulated NASDAQ), check out their backgrounds HERE and HERE, below are the charts:

After this pump and dump is over, it’s INEVITABLE that SPNG will end up below 5 cents/share. Pipedreams of $1/share have been placed into your ignorant little heads, the reason why it trades so much is due to all the shares management and stock promoters have thrown out onto the market.

Time to grow up kids and learn how the game is played…or your account will suffer. This is your wakeup call, allegory of the cave-style.

Most of you suckers won’t even realize until it’s too late (despite the drop, it’s still waaaay inflated, bound to come down as management plunders you with all the shares they approve and which they bought at 40%+ discounts to pre-inflated prices)

To the pumpers/manipulators, great work, you really have a TON of people fooled…if I ever ran a fraud, I’d want you–and Jim Blackman–to be my PR wingmen…too bad my soul is intact, I know you’re making millions, but how do you sleep at night?

To summarize, all those positive articles, and there are hundreds, have been written BY STOCK PROMOTERS & INSIDERS PAID TO BE POSITIVE ABOUT SPNG. Check out some disclaimers and see exactly how much cash and free-trading shares are being thrown around:

OTCPicks.com has been compensated two hundred thousand free trading shares by a third party (Pine Mountain Ventures) for this current SPNG IR program. OTCPicks.com has been compensated in the past for SPNG IR services including seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs

Think about it, if you were paid 200,000 shares from some shareholder, $17,000 by the company itself and then another 400,000 shares form some other shareholder, you’d want to get the stock up so you could dump it and cash in your chips, right?

Of course you would, that’s how pump and dumps work and that’s why the company needs to issue so many shares–so they can sell some for themselves as the promoters they paid get the stock price up and why after the pump comes the dump,which began Friday and won’t be over until every last share is sold at whatever prices they can get!!!!

All moral, rational, justice-seeking, short sellers, experienced market players and law abiding citizens please reblog this post, retweet it, get the word out about this situation to help those too poor, dumb and inexperienced to understand what’s actually going on…thanks!

Posted in Manipulation, Scandals, Short Selling

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210 comments

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. kawatan

    Also do a google on the largest outside share holder Doug Furth.
    Many court cases for stock manipulation.

    By the way The authorized shares is 2 billion now and the TA is gagged.

    I vote spng the best pumpty dumpty otc for 09
    day trade this sucker and take the money and run

  2. kawatan

    Also do a google on the largest outside share holder Doug Furth.
    Many court cases for stock manipulation.

    By the way The authorized shares is 2 billion now and the TA is gagged.

    I vote spng the best pumpty dumpty otc for 09
    day trade this sucker and take the money and run

  3. tmcnasty

    Tim as one of your Timalerts subscribers I feel it’s my duty to beat all of the upcoming Tim bashers to the punch…since they won’t believe anything you typed here. Read these thinking about Jim Carrey getting pulled over in Liar, Liar.

    You’re just a greedy Jew.
    You have no friends.
    You’re too brash.
    You’re physically unattractive.
    You’re full of crap.
    Your graphs are fake.
    Lebed called it before you.
    You’re an immoral shorter.
    You’re frontrunning this stock.
    You’re actually long SPNG now that it’s dropped.
    You’re part of the manipulation.
    Your shorting caused the stock drop.
    Your followers are worms.
    You never made any money in the stock market anyway.
    You’re just a DVD salesman.
    Daleela doesn’t really love you.
    Your parents suck.

    AND you drove thru an intersection while changing lanes and not wearing a seatbelt!

    NOW if anyone has anything USEFUL to contribute I’m sure Tim is all ears!!!

  4. tmcnasty

    Tim as one of your Timalerts subscribers I feel it’s my duty to beat all of the upcoming Tim bashers to the punch…since they won’t believe anything you typed here. Read these thinking about Jim Carrey getting pulled over in Liar, Liar.

    You’re just a greedy Jew.
    You have no friends.
    You’re too brash.
    You’re physically unattractive.
    You’re full of crap.
    Your graphs are fake.
    Lebed called it before you.
    You’re an immoral shorter.
    You’re frontrunning this stock.
    You’re actually long SPNG now that it’s dropped.
    You’re part of the manipulation.
    Your shorting caused the stock drop.
    Your followers are worms.
    You never made any money in the stock market anyway.
    You’re just a DVD salesman.
    Daleela doesn’t really love you.
    Your parents suck.

    AND you drove thru an intersection while changing lanes and not wearing a seatbelt!

    NOW if anyone has anything USEFUL to contribute I’m sure Tim is all ears!!!

  5. Mike

    Tmcnasty you are right Tim is frontrunning his alerts. I have been calling that for the last 6 months.

    Look at his stock trading success on a chart and map it against the number of subscribers he has aquired. It goes up exponentially the more subscribers he gets.

    Also look at charts after his alerts. He trades very thinly traded cheap stocks, volume spikes right after his alert and the stock then trades in that direction because everyone piles on a stock that no one even trades.

    I would like to see his strategy tried against an S&P 500 stock.

  6. Mike

    Tmcnasty you are right Tim is frontrunning his alerts. I have been calling that for the last 6 months.

    Look at his stock trading success on a chart and map it against the number of subscribers he has aquired. It goes up exponentially the more subscribers he gets.

    Also look at charts after his alerts. He trades very thinly traded cheap stocks, volume spikes right after his alert and the stock then trades in that direction because everyone piles on a stock that no one even trades.

    I would like to see his strategy tried against an S&P 500 stock.

  7. Timothy Sykes

    frontrunning? yeah right, if that was true, the patterns i trade would be evolving, theyre not…theyre the same as when i explained them in depth in my DVDs:

    http://www.timothysykes.com/store

    like buying MAPP on the breakout at $8.76, selling it at $9.17..why did it go to $13+?

    why did HEb not rebound after i bought to cover at $3?

  8. Timothy Sykes

    frontrunning? yeah right, if that was true, the patterns i trade would be evolving, theyre not…theyre the same as when i explained them in depth in my DVDs:

    http://www.timothysykes.com/store

    like buying MAPP on the breakout at $8.76, selling it at $9.17..why did it go to $13+?

    why did HEb not rebound after i bought to cover at $3?

  9. iL Torello

    Timmay! Hahaha it’s so cool to be even mentioned in your blog! What an honor! I’ve been following you since WSW and I even remember your old ugly purple original website…you’ve done an awesome job! Pallian too. You owe him your first born child. I look up to you because I first learned how to trade from YOU, I’ve made my fair share, and I’ve become a much better trader because of the countless hours I’ve spent on your blog. #1…thanks for not bashing me even though you called me not dedicated. I’m currently prepping for admission in med school, so that takes most of my time. I am wise enough to know that trading is a serious game that requires all of your attention, so if you cannot give it your full attention, it’s best to wait on the sideline. The beauty of this all is that the game will always be there and opportunities will always be around the corner. #2…I’m a Wall Street junkie, so even though I’m not actively trading, I’m constantly learning and cheering you guys on. I am dedicated. If i wasn’t on my way to med school, I’d definitely be a full time trader gunning for your #1 rank on Covestor, mi maestro. A good student always surpasses his teacher. #3… I’m going to become a surgeon so be nice to me and I’ll hook you up with the penis enlargement you’ve been wanting Timmay. Keep up the awesome work Timmay! Remember us rookie traders…we look up to you!

  10. iL Torello

    Timmay! Hahaha it’s so cool to be even mentioned in your blog! What an honor! I’ve been following you since WSW and I even remember your old ugly purple original website…you’ve done an awesome job! Pallian too. You owe him your first born child. I look up to you because I first learned how to trade from YOU, I’ve made my fair share, and I’ve become a much better trader because of the countless hours I’ve spent on your blog. #1…thanks for not bashing me even though you called me not dedicated. I’m currently prepping for admission in med school, so that takes most of my time. I am wise enough to know that trading is a serious game that requires all of your attention, so if you cannot give it your full attention, it’s best to wait on the sideline. The beauty of this all is that the game will always be there and opportunities will always be around the corner. #2…I’m a Wall Street junkie, so even though I’m not actively trading, I’m constantly learning and cheering you guys on. I am dedicated. If i wasn’t on my way to med school, I’d definitely be a full time trader gunning for your #1 rank on Covestor, mi maestro. A good student always surpasses his teacher. #3… I’m going to become a surgeon so be nice to me and I’ll hook you up with the penis enlargement you’ve been wanting Timmay. Keep up the awesome work Timmay! Remember us rookie traders…we look up to you!

  11. iltorello

    Timmay! Hahaha it’s so cool to be even mentioned in your blog! What an honor! I’ve been following you since WSW and I even remember your old ugly purple original website…you’ve done an awesome job! Pallian too. You owe him your first born child. I look up to you because I first learned how to trade from YOU, I’ve made my fair share, and I’ve become a much better trader because of the countless hours I’ve spent on your blog. #1…thanks for not bashing me even though you called me not dedicated. I’m currently prepping for admission in med school, so that takes most of my time. I am wise enough to know that trading is a serious game that requires all of your attention, so if you cannot give it your full attention, it’s best to wait on the sideline. The beauty of this all is that the game will always be there and opportunities will always be around the corner. #2…I’m a Wall Street junkie, so even though I’m not actively trading, I’m constantly learning and cheering you guys on. I am dedicated. If i wasn’t on my way to med school, I’d definitely be a full time trader gunning for your #1 rank on Covestor, mi maestro. A good student always surpasses his teacher. #3… I’m going to become a surgeon so be nice to me and I’ll hook you up with the penis enlargement you’ve been wanting Timmay. Keep up the awesome work Timmay! Remember us rookie traders…we look up to you!

  12. iltorello

    Timmay! Hahaha it’s so cool to be even mentioned in your blog! What an honor! I’ve been following you since WSW and I even remember your old ugly purple original website…you’ve done an awesome job! Pallian too. You owe him your first born child. I look up to you because I first learned how to trade from YOU, I’ve made my fair share, and I’ve become a much better trader because of the countless hours I’ve spent on your blog. #1…thanks for not bashing me even though you called me not dedicated. I’m currently prepping for admission in med school, so that takes most of my time. I am wise enough to know that trading is a serious game that requires all of your attention, so if you cannot give it your full attention, it’s best to wait on the sideline. The beauty of this all is that the game will always be there and opportunities will always be around the corner. #2…I’m a Wall Street junkie, so even though I’m not actively trading, I’m constantly learning and cheering you guys on. I am dedicated. If i wasn’t on my way to med school, I’d definitely be a full time trader gunning for your #1 rank on Covestor, mi maestro. A good student always surpasses his teacher. #3… I’m going to become a surgeon so be nice to me and I’ll hook you up with the penis enlargement you’ve been wanting Timmay. Keep up the awesome work Timmay! Remember us rookie traders…we look up to you!

  13. kputnik

    I read some of the comments on your previous SPNG blog entries, and it’s amazing to see how many people take anything negative about their beloved SPNG so personally…

    My personal experience with SPNG:
    I’m new to this trading game, and was actually someone who bought into this SPNG hype @ 0.078. I was optimistic about the company’s outlook, so my plan was to hold SPNG for quite some time.
    One thing was clear: a LOT of people believed (and I fear too many still believe) very strongly in SPNG and the PR sure was good, but I realized it would be foolish to let that be my only reason to hold on to SPNG.
    So I continued to read up on the company, and when I stumbled on some of the shady things apparently going on behind the scenes here on Tim’s blog, I became more cautious.

    On Friday, I saw that SPNG suddenly jumped from 9% to 50% insider owned. It became clear then that something fishy was going on, so I prepared myself for the inevitable dump – which followed just minutes afterwards. Luckily, I was able to sell all my shares @ 0.245.
    I risked a part of my profit to get back into SPNG @ 0.125 because it seemed like belief was still strong. Didn’t want to push my luck though and got out again @ 0.18.

    So far, that SPNG trade has been my most successful one, and I owe that in no small part to the information I found here on this blog. Thanks Tim!
    I subscribed to TIMAlerts, and couldn’t help but chuckly at the first alert I got.

  14. kputnik

    I read some of the comments on your previous SPNG blog entries, and it’s amazing to see how many people take anything negative about their beloved SPNG so personally…

    My personal experience with SPNG:
    I’m new to this trading game, and was actually someone who bought into this SPNG hype @ 0.078. I was optimistic about the company’s outlook, so my plan was to hold SPNG for quite some time.
    One thing was clear: a LOT of people believed (and I fear too many still believe) very strongly in SPNG and the PR sure was good, but I realized it would be foolish to let that be my only reason to hold on to SPNG.
    So I continued to read up on the company, and when I stumbled on some of the shady things apparently going on behind the scenes here on Tim’s blog, I became more cautious.

    On Friday, I saw that SPNG suddenly jumped from 9% to 50% insider owned. It became clear then that something fishy was going on, so I prepared myself for the inevitable dump – which followed just minutes afterwards. Luckily, I was able to sell all my shares @ 0.245.
    I risked a part of my profit to get back into SPNG @ 0.125 because it seemed like belief was still strong. Didn’t want to push my luck though and got out again @ 0.18.

    So far, that SPNG trade has been my most successful one, and I owe that in no small part to the information I found here on this blog. Thanks Tim!
    I subscribed to TIMAlerts, and couldn’t help but chuckly at the first alert I got.

  15. diana

    Timothy you got that right. This company paid also people at yahoo to pump the stock. I´m very sure this stock will go below $.01 soon. then they will make a reverse split…

    Check out RAMS, nice chart, real company low float(12m), book value $2, pps 0.80. Seems people like more otc scam companies with huge market cap and not undervalued nasdaq stocks like RAMS

  16. diana

    Timothy you got that right. This company paid also people at yahoo to pump the stock. I´m very sure this stock will go below $.01 soon. then they will make a reverse split…

    Check out RAMS, nice chart, real company low float(12m), book value $2, pps 0.80. Seems people like more otc scam companies with huge market cap and not undervalued nasdaq stocks like RAMS

  17. Nick Sanders

    Great article, a little outdated information and does not account for the recent success of the company, but I understand your taking your book. Im just happy to know you took my advice and shorted the stock. Dually noted.

    I know my success, and I know yours. This is going to be a huge error on your part, but you don’t know this yet. You know my take on SPNG, im a huge investor, and im just happy as a clam you admit to be short the stock now. Infact I wish you would please ask your followers to join in on the short with you. I will check back in with you next weekend and see how this worked out for you. Don’t worry, I know what you don’t, and I beg of you to please find some more nickles in the couch and short this stock to death please.

  18. Nick Sanders

    Great article, a little outdated information and does not account for the recent success of the company, but I understand your taking your book. Im just happy to know you took my advice and shorted the stock. Dually noted.

    I know my success, and I know yours. This is going to be a huge error on your part, but you don’t know this yet. You know my take on SPNG, im a huge investor, and im just happy as a clam you admit to be short the stock now. Infact I wish you would please ask your followers to join in on the short with you. I will check back in with you next weekend and see how this worked out for you. Don’t worry, I know what you don’t, and I beg of you to please find some more nickles in the couch and short this stock to death please.

  19. FreedomofSpeach

    More after the fact lies from the king of lies

    On the TV show he did Fri aft, skykes says ‘Run it up higher so I can short it, about Spooje.

    He said nothing about being ready to short. By a miracle he now claims 10,000 shares short AFTER THE FACT.

    You dont need a 2 bit tout like skykes to know these always come back to earth. You know that for free.

    Save your DVD fees , this clown is a fake.

  20. FreedomofSpeach

    More after the fact lies from the king of lies

    On the TV show he did Fri aft, skykes says ‘Run it up higher so I can short it, about Spooje.

    He said nothing about being ready to short. By a miracle he now claims 10,000 shares short AFTER THE FACT.

    You dont need a 2 bit tout like skykes to know these always come back to earth. You know that for free.

    Save your DVD fees , this clown is a fake.

  21. VD

    Bravo, Nick. Bravo.

    Tim, I encourage you to rally your disciples and short away. We need some more cheap ones. Be careful what you wish for; you should sink a good portion of your fortune in shorting SPNG since it’s such a P&D and all. Don’t be afraid…short away.

    Bigger hitter, Stanley Morgan vacated Friday. Be our guest and replace them PLAYA’

    Happy shorting!!!

  22. VD

    Bravo, Nick. Bravo.

    Tim, I encourage you to rally your disciples and short away. We need some more cheap ones. Be careful what you wish for; you should sink a good portion of your fortune in shorting SPNG since it’s such a P&D and all. Don’t be afraid…short away.

    Bigger hitter, Stanley Morgan vacated Friday. Be our guest and replace them PLAYA’

    Happy shorting!!!

  23. VD

    Oh, your 10,000 shares short only accounted for 0.03% the amount Stanley Morgan shorted! 300ths of a percent! And at the time of the dump, roughly 100M shares, your measly 10,000 shares accounted for one 100th of a percent!

    You strong-armed us there chief! BOLD move! BOLD move…

    r.

  24. VD

    Oh, your 10,000 shares short only accounted for 0.03% the amount Stanley Morgan shorted! 300ths of a percent! And at the time of the dump, roughly 100M shares, your measly 10,000 shares accounted for one 100th of a percent!

    You strong-armed us there chief! BOLD move! BOLD move…

    r.

  25. Timothy Sykes

    u guys say whatever u want, the evidence says this is a pump & dump and i teach my people to profit from them, which they are. position size doesnt matter, we’re just beginning…

  26. Timothy Sykes

    u guys say whatever u want, the evidence says this is a pump & dump and i teach my people to profit from them, which they are. position size doesnt matter, we’re just beginning…

  27. Timothy Sykes

    and i do wish theyd pumped the stock more, but 2 billion shares out there, too much overhead to ever get to a $1/share, so i started my short into the afternoon fade/desperate PR act

  28. Timothy Sykes

    and i do wish theyd pumped the stock more, but 2 billion shares out there, too much overhead to ever get to a $1/share, so i started my short into the afternoon fade/desperate PR act

  29. Nick Sanders

    TIm why are you so broke? I mean, your are convinced SPNG is a pump and dump yet you can only afford 10k shares to short? I have kids in community college on my board that have more money to buy shares than you can afford to short. Obviously you spent quite awhile writting this blog, took much of your precious time, for 10k short shares? Really? hum thats interesting. Anyway, can you please write some more blogs about this pump and dump? However, on the next one, please ask your followers to join in on the short as well. Call up your buddie “The Dean” and ask him to get some more news out about what a pump and dump this is. We really need your assistance on getting as many people to short the stock as we can….Steven M. has a little treat for them all coming up.
    Thanks.

  30. Nick Sanders

    TIm why are you so broke? I mean, your are convinced SPNG is a pump and dump yet you can only afford 10k shares to short? I have kids in community college on my board that have more money to buy shares than you can afford to short. Obviously you spent quite awhile writting this blog, took much of your precious time, for 10k short shares? Really? hum thats interesting. Anyway, can you please write some more blogs about this pump and dump? However, on the next one, please ask your followers to join in on the short as well. Call up your buddie “The Dean” and ask him to get some more news out about what a pump and dump this is. We really need your assistance on getting as many people to short the stock as we can….Steven M. has a little treat for them all coming up.
    Thanks.

  31. Big T

    Tim, this is one of your best posts. As I noted in the other post thread, Moskowitz has a history of jettisoning renamed shells of cheapies, like NHGI and WPEC. These clunkers went sub zero or last traded a year ago or more. He used em and abused em.

    It reminds me of the Thermafreeze scam, which also changed names/OTC ticker to fool new marks, which got a massive pump and dump a few years back. They had a compelling product, too, but for the pumpers, the promotion was the product, as seems the case here.

    SPNG cannot escape the fine print SEC filings, with disclaimers, nor can they hide (legally) their paid promoter compensations in shares or cold hard Lebed style CASH, but they as other scamsters have realized that if you disclaim properly, the suckers will not notice or care, human nature or worse, ego and embarrassment will do the rest…

    Keep up the good work, bro!

  32. Big T

    Tim, this is one of your best posts. As I noted in the other post thread, Moskowitz has a history of jettisoning renamed shells of cheapies, like NHGI and WPEC. These clunkers went sub zero or last traded a year ago or more. He used em and abused em.

    It reminds me of the Thermafreeze scam, which also changed names/OTC ticker to fool new marks, which got a massive pump and dump a few years back. They had a compelling product, too, but for the pumpers, the promotion was the product, as seems the case here.

    SPNG cannot escape the fine print SEC filings, with disclaimers, nor can they hide (legally) their paid promoter compensations in shares or cold hard Lebed style CASH, but they as other scamsters have realized that if you disclaim properly, the suckers will not notice or care, human nature or worse, ego and embarrassment will do the rest…

    Keep up the good work, bro!

  33. Big T

    Keep in mind SPNG died nearly dead on to its historical resistance of .28ish per share, it never sees .30+. Got .70 above that just to see a buck. I think Tim may have won this debate, but among the faithful, nothing will matter until they lose their shirts and it does not rise without later pump cycle infusement…

  34. Big T

    Keep in mind SPNG died nearly dead on to its historical resistance of .28ish per share, it never sees .30+. Got .70 above that just to see a buck. I think Tim may have won this debate, but among the faithful, nothing will matter until they lose their shirts and it does not rise without later pump cycle infusement…

  35. Big T

    Turning to personal insults will not make SPNG legit, and Syke’s whole point in this and other articles ARE that the fine print disclaimers and SEC filings ARE the clues to the truth about firm health true picture, NOT desparate, emotional, ill-informed unobjective investors who want you to support their positions for validation, as is the case with nearly every stock message board.

    No matter how much evidence short of Moskowitz appearing and saying he’s Lebed’s mentor, will convince the folks in love with the stock that they are wrong and the Syke’s of the world are anything except “bashers”. Its kind of like a romantic relationship with a bad guy or girl and your whole family sees it and cannot figure out why you do not-you cannot be objective until its over (break up) or in this case, losing the original investment-THEN they finally see the light!

  36. Big T

    Turning to personal insults will not make SPNG legit, and Syke’s whole point in this and other articles ARE that the fine print disclaimers and SEC filings ARE the clues to the truth about firm health true picture, NOT desparate, emotional, ill-informed unobjective investors who want you to support their positions for validation, as is the case with nearly every stock message board.

    No matter how much evidence short of Moskowitz appearing and saying he’s Lebed’s mentor, will convince the folks in love with the stock that they are wrong and the Syke’s of the world are anything except “bashers”. Its kind of like a romantic relationship with a bad guy or girl and your whole family sees it and cannot figure out why you do not-you cannot be objective until its over (break up) or in this case, losing the original investment-THEN they finally see the light!

  37. Ub

    It will be exciting to return to this blog ……..that is, if it is still here …………

    When this so called pump and dump ………………proves to be otherwise ………….

    who will everyone here depend on when ………????

    SPNG is on the NASDAQ and all credibility has been lost here?

  38. Ub

    It will be exciting to return to this blog ……..that is, if it is still here …………

    When this so called pump and dump ………………proves to be otherwise ………….

    who will everyone here depend on when ………????

    SPNG is on the NASDAQ and all credibility has been lost here?

  39. ricardo

    a lot of tim suscribers are abandoning the boat, lost them a lot of money and came back with excuses that they should have known that he was wrong, if he was wrong and he knew it why did he not tell his accolades

  40. ricardo

    a lot of tim suscribers are abandoning the boat, lost them a lot of money and came back with excuses that they should have known that he was wrong, if he was wrong and he knew it why did he not tell his accolades

  41. ricardo rodriguez

    anything that costco gets wally world gets for sams club, i belong to both for over 10 years, tim, if you are so good at trading why do you waste your time with videos, i gained $33.786 with spng, and bought back below .09, sec will be bringing the uptick back, too many scammers, too many good companies getting destroyed with this practice , the shorting practice hurt us all in the long run, good companies lose their value to profiteers, their ratings decline and their credit tightens, employees are laid off and we all pay for their misfortunes , ie unemployment and welfare, you feel that what you do is evil and that voice in the back of your head tells you it is wrong, do not dismiss it, god forgive but he does not forget, and when he comes to collect in your misdeeds all the money you scammed , will not pay that bill

  42. ricardo rodriguez

    anything that costco gets wally world gets for sams club, i belong to both for over 10 years, tim, if you are so good at trading why do you waste your time with videos, i gained $33.786 with spng, and bought back below .09, sec will be bringing the uptick back, too many scammers, too many good companies getting destroyed with this practice , the shorting practice hurt us all in the long run, good companies lose their value to profiteers, their ratings decline and their credit tightens, employees are laid off and we all pay for their misfortunes , ie unemployment and welfare, you feel that what you do is evil and that voice in the back of your head tells you it is wrong, do not dismiss it, god forgive but he does not forget, and when he comes to collect in your misdeeds all the money you scammed , will not pay that bill

  43. ricardo rodriguez

    tim , heb did not rebound because everyone is waiting for the good or bad news, it has nothing to do with you or your investors, all of you together do not have enough money to swing the odds up or down, if you had instant access at the traders names and the amount of shares they bough on friday, you will then understand what is going on with heb, instead of relying on unqualified annalist that twist the truth to make a profit

  44. ricardo rodriguez

    tim , heb did not rebound because everyone is waiting for the good or bad news, it has nothing to do with you or your investors, all of you together do not have enough money to swing the odds up or down, if you had instant access at the traders names and the amount of shares they bough on friday, you will then understand what is going on with heb, instead of relying on unqualified annalist that twist the truth to make a profit

  45. Thimk

    Somebody was dumping tens of millions of shares of some worthless franchise that generated less thank 250000 dollars in cash flow last year and 18000 dollars of cash flow in the most recent quarter.. it’s like you can print money as long as you have buyers lined up, yet somehow people blame the short sellers. You realize this is a company that makes sponges, and there is absolutely nothing special about them, except their amazing ability to absorb your money??

  46. Thimk

    Somebody was dumping tens of millions of shares of some worthless franchise that generated less thank 250000 dollars in cash flow last year and 18000 dollars of cash flow in the most recent quarter.. it’s like you can print money as long as you have buyers lined up, yet somehow people blame the short sellers. You realize this is a company that makes sponges, and there is absolutely nothing special about them, except their amazing ability to absorb your money??

  47. RealThing

    I don’t get all this bla,bla…. not the part from the bashers, neither the part from the pumpers. If this is a true pump and dump, it’s the best i’ve ever seen!! TC Spots, Baseball marketing etc. SPNG in in everybody’s Head, and everybody want’s to be part of it! I’m not sure if it’s a P&D or not, and i don’t care!!
    The times of buy and hold are over, everybody needs to understand that.
    SPNG in NOTHING different. Just trade it!!
    It ran from 0.04 all the way up to .28 nearly without any pullback over a period of 1.5 weeks. The amount of shares traded daily was continously rising….. ok in and out would make sense here…
    Looking at those facts i got alerted and sold 35k of initial 40k@0.0401 between .25 and .27$. I got again 25k at .09 and sold 20k right back at .17$ the same day. Still holding now 10k at an avrg of 0.065 plus >10K in cash.
    I’ve to say THANKS SPNG !!

  48. RealThing

    I don’t get all this bla,bla…. not the part from the bashers, neither the part from the pumpers. If this is a true pump and dump, it’s the best i’ve ever seen!! TC Spots, Baseball marketing etc. SPNG in in everybody’s Head, and everybody want’s to be part of it! I’m not sure if it’s a P&D or not, and i don’t care!!
    The times of buy and hold are over, everybody needs to understand that.
    SPNG in NOTHING different. Just trade it!!
    It ran from 0.04 all the way up to .28 nearly without any pullback over a period of 1.5 weeks. The amount of shares traded daily was continously rising….. ok in and out would make sense here…
    Looking at those facts i got alerted and sold 35k of initial 40k@0.0401 between .25 and .27$. I got again 25k at .09 and sold 20k right back at .17$ the same day. Still holding now 10k at an avrg of 0.065 plus >10K in cash.
    I’ve to say THANKS SPNG !!

  49. Ub

    The accusations of SPNG absorbing investors money and the management being less than credible…….

    Is funny , because as you accuse them of the same actions of this site !

    How many DVD’s has Sykes sold !!!

    How much are they ?

    LOOK up Syke’s HEB pick and his DNDN !

    when you short you are limited to amount of gains !

    DNDN WAS $6.58 When Sykes made it his short pick and now it is at $25.60

    WOW look at the difference!

    I would like to know what end Sykes was really on with that one !

    Does anyone here realize what hedge fund managers really do to make their money ?

    Does anyone know what” EX “hedge fund managers do for their money ?

    Both the same , but the real pro will sell you a DVD for how much !

    Thats where the money is ……………..NOT SHORTING STOCKS that go from $6-$25…….. you would have made more being LONG !!!

  50. Ub

    The accusations of SPNG absorbing investors money and the management being less than credible…….

    Is funny , because as you accuse them of the same actions of this site !

    How many DVD’s has Sykes sold !!!

    How much are they ?

    LOOK up Syke’s HEB pick and his DNDN !

    when you short you are limited to amount of gains !

    DNDN WAS $6.58 When Sykes made it his short pick and now it is at $25.60

    WOW look at the difference!

    I would like to know what end Sykes was really on with that one !

    Does anyone here realize what hedge fund managers really do to make their money ?

    Does anyone know what” EX “hedge fund managers do for their money ?

    Both the same , but the real pro will sell you a DVD for how much !

    Thats where the money is ……………..NOT SHORTING STOCKS that go from $6-$25…….. you would have made more being LONG !!!

  51. Ub

    Visit the Yahoo main board and look for “Updated SPNG primer ” by Wadirum !

    We keep it close to the top for all to see and read !

    HaHa and Yes PLEASE SHORT IT !

  52. Ub

    Visit the Yahoo main board and look for “Updated SPNG primer ” by Wadirum !

    We keep it close to the top for all to see and read !

    HaHa and Yes PLEASE SHORT IT !

  53. Timothy Sykes

    i love how this pump & dump has really sucked in the dumbest/most gullible people using sports advertisements…very smart on their part, possibly a trend for all other pumps to follow from now on

  54. Timothy Sykes

    i love how this pump & dump has really sucked in the dumbest/most gullible people using sports advertisements…very smart on their part, possibly a trend for all other pumps to follow from now on

  55. Ub

    Thats the best response that you have ?

    What about HEB and DNDN ?

    Show me a company that doesnt advertise ?

    IT’s all around you !

    TELL EVERYONE HOW MUCH MONEY THEY COULD HAVE MADE ON THOSE TWO ABOVE MENTIONED STOCKS ……….IF THEY WERE LONG !

    Why would a company spend millions on ADs if they were a pump and dump ?

    thats money they could put in their own pockets?

    WHEN THEY GO TO NASDAQ………….you will lose your fan base !

    do you really think NASDAQ will allow a pump and dump on the exchange ? ….Maybe the NAS is in on the scam?

    Why dont you educate yourself and everyone else on how QUICKLY the share structure CAN AND WILL BE RESOLVED in a blink of an eye !!!!

    complete and utter carnage !

    Being long I only lose my initial investment ….being SHORT THE WRONG STOCK !

    IS HOW FOOLS LOSE BIGTIME !

    $.10 to “0” …..NOW figure $.10 to $1.50 compare the risk or delete OUR POSTS TO HIDE THE TRUTH !

    YOUR CALL PRO !

  56. Ub

    Thats the best response that you have ?

    What about HEB and DNDN ?

    Show me a company that doesnt advertise ?

    IT’s all around you !

    TELL EVERYONE HOW MUCH MONEY THEY COULD HAVE MADE ON THOSE TWO ABOVE MENTIONED STOCKS ……….IF THEY WERE LONG !

    Why would a company spend millions on ADs if they were a pump and dump ?

    thats money they could put in their own pockets?

    WHEN THEY GO TO NASDAQ………….you will lose your fan base !

    do you really think NASDAQ will allow a pump and dump on the exchange ? ….Maybe the NAS is in on the scam?

    Why dont you educate yourself and everyone else on how QUICKLY the share structure CAN AND WILL BE RESOLVED in a blink of an eye !!!!

    complete and utter carnage !

    Being long I only lose my initial investment ….being SHORT THE WRONG STOCK !

    IS HOW FOOLS LOSE BIGTIME !

    $.10 to “0” …..NOW figure $.10 to $1.50 compare the risk or delete OUR POSTS TO HIDE THE TRUTH !

    YOUR CALL PRO !

  57. Ub

    HaHa Tim just posted that sports fans are stupid and gullible !

    Wow !

    You just insulted most of your fan base !!!

    I guess the intelligent people SPEND MONEY ON THE DVD’s , because they have so much trading experience !!!

    To me they are GULLIBLE !!

  58. Ub

    HaHa Tim just posted that sports fans are stupid and gullible !

    Wow !

    You just insulted most of your fan base !!!

    I guess the intelligent people SPEND MONEY ON THE DVD’s , because they have so much trading experience !!!

    To me they are GULLIBLE !!

  59. Timothy Sykes

    advertising is one thing, suckers believing the advertising as a sign the company is doing well when in fact its just part of their pump..i’m ttired of debating, u see the facts, whether u wanna believe someone with a track record like mine or penny stock promoters who have never had success, do what u gotta do, know that i tried to help u

  60. Timothy Sykes

    advertising is one thing, suckers believing the advertising as a sign the company is doing well when in fact its just part of their pump..i’m ttired of debating, u see the facts, whether u wanna believe someone with a track record like mine or penny stock promoters who have never had success, do what u gotta do, know that i tried to help u

  61. Ub

    Why are you avoiding the HEB and DNDN recommendations that you were wrong about ?????

    Why Arent YOU still a hedge fund manager …….? SHORTED THE WRONG STOCKS EH ?…… prepare for a repeat !

    Educate me please !!!!

    Please comment on HEB and DNDN and how much more money you made shorting as opposed to going long !!!

    convince ME and I’ll buy a DVD !!!!!!!!

    DO YOU PAY TO ADVERTISE YOUR DVD’s ? ? ?

  62. Ub

    Why are you avoiding the HEB and DNDN recommendations that you were wrong about ?????

    Why Arent YOU still a hedge fund manager …….? SHORTED THE WRONG STOCKS EH ?…… prepare for a repeat !

    Educate me please !!!!

    Please comment on HEB and DNDN and how much more money you made shorting as opposed to going long !!!

    convince ME and I’ll buy a DVD !!!!!!!!

    DO YOU PAY TO ADVERTISE YOUR DVD’s ? ? ?

  63. Ub

    Thought you were done debating ?

    My question was HOW MUCH MORE WOULD YOU HAVE MADE BY BEING LONG ?

    The insults would be expected from ” this poor child ” , BUT YOU………
    YOU ARE THE PROFESSIONAL !

    One who leads so many ?

    Apparently YOU LACK THE RESEARCH SKILLS YOURSELF !!

    HaHa What did you used to do for a living ?

    YOU picked the right ones , thats why you are here debating with a “poor child”

    This is the best thing you could find to pick yourself back up !

    WHY DONT YOU GIVE AWAY FREE DVD’s ?

    SPONGETECH WILL GIVE AWAY FREE SPONGES!!!!!!!

    I know why and so do you THEY DONT NEED THE MONEY !

    I will see you when Spongetech is at a dollar !

    No hard feelings !

  64. Ub

    Thought you were done debating ?

    My question was HOW MUCH MORE WOULD YOU HAVE MADE BY BEING LONG ?

    The insults would be expected from ” this poor child ” , BUT YOU………
    YOU ARE THE PROFESSIONAL !

    One who leads so many ?

    Apparently YOU LACK THE RESEARCH SKILLS YOURSELF !!

    HaHa What did you used to do for a living ?

    YOU picked the right ones , thats why you are here debating with a “poor child”

    This is the best thing you could find to pick yourself back up !

    WHY DONT YOU GIVE AWAY FREE DVD’s ?

    SPONGETECH WILL GIVE AWAY FREE SPONGES!!!!!!!

    I know why and so do you THEY DONT NEED THE MONEY !

    I will see you when Spongetech is at a dollar !

    No hard feelings !

  65. VD

    5% and 27%.

    How about 500% on SpongeTech right now! Yes, I am in at a cost average under 3 cents, and now we sit at 17 cents…a little over 500%.

    Could I go much higher? You’re damn right. It is as much plausible to get to 34 cents as it is to go to 0.001.

    What kind of ‘strategy’ are you trying to pull? Timmy, I suggest you start doing some research yourself. Maybe you should release the “Tim Sykes Gone Wild” DVD. I am certain there are certain alternative customers that would purchase that one.

  66. VD

    5% and 27%.

    How about 500% on SpongeTech right now! Yes, I am in at a cost average under 3 cents, and now we sit at 17 cents…a little over 500%.

    Could I go much higher? You’re damn right. It is as much plausible to get to 34 cents as it is to go to 0.001.

    What kind of ‘strategy’ are you trying to pull? Timmy, I suggest you start doing some research yourself. Maybe you should release the “Tim Sykes Gone Wild” DVD. I am certain there are certain alternative customers that would purchase that one.

  67. ricardo rodriguez

    well, well, well, no comments on biken, an educated and fair commentator always posts the pros and cons of a company, all i see from tim on heb and spng is a self serving position, only TIM SYKES and ADAM FEUERSTEIN bash HEB, everyone else publish the truth , I WOULD LOVE YOUR COMMENT ONCE THE DRUG IS APPROVED AND YOUR APOLOGY TO THOSE YOU MISLED AND CONTINUE TO MISLEAD

    on DNDN, you sure missed the boat by a long shot, you lost your subscribers and all the fools that followed your advice on dndn $ 1000s of dollars,

    if you were so good why did’tn you recommended HEB when it was at a few pennies , MY FINANCIAL ADVISORS ARE TOP OF THE LINE, THEY ALL DISAGREE WITH YOU, CARE TO COMMENT?

  68. ricardo rodriguez

    well, well, well, no comments on biken, an educated and fair commentator always posts the pros and cons of a company, all i see from tim on heb and spng is a self serving position, only TIM SYKES and ADAM FEUERSTEIN bash HEB, everyone else publish the truth , I WOULD LOVE YOUR COMMENT ONCE THE DRUG IS APPROVED AND YOUR APOLOGY TO THOSE YOU MISLED AND CONTINUE TO MISLEAD

    on DNDN, you sure missed the boat by a long shot, you lost your subscribers and all the fools that followed your advice on dndn $ 1000s of dollars,

    if you were so good why did’tn you recommended HEB when it was at a few pennies , MY FINANCIAL ADVISORS ARE TOP OF THE LINE, THEY ALL DISAGREE WITH YOU, CARE TO COMMENT?

  69. Ub

    Since you seem to have a large EGO Tim……..

    Why dont you leave all of the comments on your blog, that are PRO SPNG and you can make us EAT OUR WORDS later !

    You are a man of challenge ! What do you have to lose ?

    I GUARANTEE THEY WONT BE HERE FOR LONG !!!!

    When they DO get deleted……… @ let’s say $1.00 pps………..well……. See Ya !

  70. Ub

    Since you seem to have a large EGO Tim……..

    Why dont you leave all of the comments on your blog, that are PRO SPNG and you can make us EAT OUR WORDS later !

    You are a man of challenge ! What do you have to lose ?

    I GUARANTEE THEY WONT BE HERE FOR LONG !!!!

    When they DO get deleted……… @ let’s say $1.00 pps………..well……. See Ya !

  71. cenk

    I think spng is a company that trys to make money selling products. This can be seen where products are being sold. These places are big players in the market. Costco, CVS, Walgreen and such. SpongeBob character is own by ViaCom and they work together. I think the company is trying to be a really legitimate company. I don’t care what happened last years. Maybe they needed to raise cash and such so they have issued a lot of shares. They were short on cash to advertisement so they give away shares. There is a meaning in to be a “Long”. You look at from your own perspective and you believe in the company and you stay in longterm. Everybody sees things from their own strategy in every stock. Some people want to short some people want to invest. There are investments you can make for a week, a month, half a year or till you think age of 65. I see spng at least 3-6months playing and after that I need to evaluate their position.

  72. cenk

    I think spng is a company that trys to make money selling products. This can be seen where products are being sold. These places are big players in the market. Costco, CVS, Walgreen and such. SpongeBob character is own by ViaCom and they work together. I think the company is trying to be a really legitimate company. I don’t care what happened last years. Maybe they needed to raise cash and such so they have issued a lot of shares. They were short on cash to advertisement so they give away shares. There is a meaning in to be a “Long”. You look at from your own perspective and you believe in the company and you stay in longterm. Everybody sees things from their own strategy in every stock. Some people want to short some people want to invest. There are investments you can make for a week, a month, half a year or till you think age of 65. I see spng at least 3-6months playing and after that I need to evaluate their position.

  73. cenk

    Some people say that sponge tech. doesn’t own the major patents but they rent it. You don’t need to own the technology to be a big payer. Look at Dell. they don’t make a hadr driver or motherboard. They buy bulk and put their name and sell it. Or look at the big grocery markets. They don’t produce milk or corn, they buy bulk and print their own label to selll cheaper besides the well know names. Sponge tech is trying to do the same. they are trying to be a cleaning company name of America. They don’t claim they invent something.

  74. cenk

    Some people say that sponge tech. doesn’t own the major patents but they rent it. You don’t need to own the technology to be a big payer. Look at Dell. they don’t make a hadr driver or motherboard. They buy bulk and put their name and sell it. Or look at the big grocery markets. They don’t produce milk or corn, they buy bulk and print their own label to selll cheaper besides the well know names. Sponge tech is trying to do the same. they are trying to be a cleaning company name of America. They don’t claim they invent something.

  75. Big T

    Amazing how folks invested cannot remain objective. Yahoo message boards are now attacking Syke’s for digging into their idol skank penny SPNG, attacking Tim PERSONALLY instead of analyzing his/the arguments detailed in this brilliant post of his, no wonder so many investors lose their asses in the market!

    Folks, read the SEC filings and research NHGI and the other penny crapper Moskowitz lorded over, and get a life, and quit piling on Sykes for giving a less emotionally invested opinion. Do not confuse the product with the promotion. All of the characteristics of a pump are here with SPNG, who has paid slimy promoters in the same league as J. Lebed in cash and stock to dump it when the time comes, and all the ranting against Sykes in the world will not change it…

  76. Big T

    Amazing how folks invested cannot remain objective. Yahoo message boards are now attacking Syke’s for digging into their idol skank penny SPNG, attacking Tim PERSONALLY instead of analyzing his/the arguments detailed in this brilliant post of his, no wonder so many investors lose their asses in the market!

    Folks, read the SEC filings and research NHGI and the other penny crapper Moskowitz lorded over, and get a life, and quit piling on Sykes for giving a less emotionally invested opinion. Do not confuse the product with the promotion. All of the characteristics of a pump are here with SPNG, who has paid slimy promoters in the same league as J. Lebed in cash and stock to dump it when the time comes, and all the ranting against Sykes in the world will not change it…

  77. Pingback: Spongetech Delivery Systems Inc. (SPNG)’s List Of Paid Promoters aka Rubbing The Fact That This Is A Blatant Pump & Dump In To Suckers Who Don’t Get It | TIM - Timothy Sykes

  78. Pingback: Spongetech Delivery Systems Inc. (SPNG)’s List Of Paid Promoters aka Rubbing The Fact That This Is A Blatant Pump & Dump In To Suckers Who Don’t Get It | TIM - Timothy Sykes

  79. S Adams

    I agree SPNG is a dog but the good news is I traded it long and made money on it. Penny stocks usually go up for no reason but momentum. Gotta get in and out quick. WRGL was another one.

  80. S Adams

    I agree SPNG is a dog but the good news is I traded it long and made money on it. Penny stocks usually go up for no reason but momentum. Gotta get in and out quick. WRGL was another one.

  81. tmcnasty

    Tim wins again! Long suckerssssssssssssssssss. LOL
    For the recornd NOW is the time to buy in to SPNG….ahahahahahahaha

  82. tmcnasty

    Tim wins again! Long suckerssssssssssssssssss. LOL
    For the recornd NOW is the time to buy in to SPNG….ahahahahahahaha

  83. propTrader

    AHHAH look a few posts back and i said i shorted 10k shares of WRGL at 0.42 covered at 0.3 !!!!!! that is +1200

  84. propTrader

    AHHAH look a few posts back and i said i shorted 10k shares of WRGL at 0.42 covered at 0.3 !!!!!! that is +1200

  85. Pingback: Stock Promoters Manipulating Penny Stocks Are Baaaaack, Here’s 7 Of Them, TIMalert Subscribers Banked $2,000+ | TIM - Timothy Sykes

  86. Pingback: Stock Promoters Manipulating Penny Stocks Are Baaaaack, Here’s 7 Of Them, TIMalert Subscribers Banked $2,000+ | TIM - Timothy Sykes

  87. RICARDO RODRIGUEZ

    WHAT HAPPEN TO YOUR RECOMENDATION TO SHORT SPNG AT .177, ?, IS BIG T YOUR ALTER EGO?,

  88. RICARDO RODRIGUEZ

    WHAT HAPPEN TO YOUR RECOMENDATION TO SHORT SPNG AT .177, ?, IS BIG T YOUR ALTER EGO?,

  89. Nick Sanders

    Oh Tim get control of yourself. 35% while the the rest of us are up more than 400-600%. You trying to get out of the deal and say you covered your pity $10k and moved on? Oh Timmy, you are losing members by the moment. You sent me an email saying anything less than 500% was dismisal to you. Really? 35%? Holy cow most of us are buying on any dips and getting ready for another 500%. A stock that has ran 800% in a few weeks is allowed to back down a little, but you want to claim 35% while we all were buyers at .01-.03….oh Timmy! No wonder why you need to rent your apartment for two months…..so sad…..

    Anyway, I said I would come back and check on you this weekend, but I can clearly see you chicken out of the deal and said you covered with 35%. Timmy, anytime you broke like you are, just come to my group. We can show you how to make some money so you dont need to rent your apartment while your gone on a trip.

  90. Nick Sanders

    Oh Tim get control of yourself. 35% while the the rest of us are up more than 400-600%. You trying to get out of the deal and say you covered your pity $10k and moved on? Oh Timmy, you are losing members by the moment. You sent me an email saying anything less than 500% was dismisal to you. Really? 35%? Holy cow most of us are buying on any dips and getting ready for another 500%. A stock that has ran 800% in a few weeks is allowed to back down a little, but you want to claim 35% while we all were buyers at .01-.03….oh Timmy! No wonder why you need to rent your apartment for two months…..so sad…..

    Anyway, I said I would come back and check on you this weekend, but I can clearly see you chicken out of the deal and said you covered with 35%. Timmy, anytime you broke like you are, just come to my group. We can show you how to make some money so you dont need to rent your apartment while your gone on a trip.

  91. Nick Sanders

    No one wants your stragey buddie. The rest of us want real profits. Not 35% on 10k! $3500 dollars! hahhaha…there is a reason why I have more members than you, and I dont charge them a thing! NOt a single penny! We just trade with the best, but we dont need to sell $700 DVDS. No wonder why you need to rent your apartment. Anyway Timmy, I did say I would check in with you this weekend so in all fairness, we dont have to discuss this issue any further and we can check in with each other this weekend. Also for the record, you told everyone .13 cents, not .17 something. FYI!. Hang in there buddie, best of luck!

  92. Nick Sanders

    No one wants your stragey buddie. The rest of us want real profits. Not 35% on 10k! $3500 dollars! hahhaha…there is a reason why I have more members than you, and I dont charge them a thing! NOt a single penny! We just trade with the best, but we dont need to sell $700 DVDS. No wonder why you need to rent your apartment. Anyway Timmy, I did say I would check in with you this weekend so in all fairness, we dont have to discuss this issue any further and we can check in with each other this weekend. Also for the record, you told everyone .13 cents, not .17 something. FYI!. Hang in there buddie, best of luck!

  93. Nick Sanders

    Gotcha Tim. No problem. Understand what your saying. Im not here to give you such a hard time. However; provided you stop deleteing posts, lets show everyone your stadegy vs my groups. You made 35% short, congrats. Im up 527% long. In 30 days, who will have had the better trade. Who knows. Dont keep deleteing the posts, and well see. I think you will find the reason why I dont need to rent my house, and I would be happy to show you how to teach your people to trade more wisely. Be fair, I said this weekend we would check in on each others trades, and in 30 days lets see who made more. All of your picks combined, or my one pick. Seems kinda fair and everyone reading this post would agree…so dont delete. Be fair…..and dont worry, Im not going to try to sell you $700 DVDS. We prob could learn a thing or two from each other…..put your ego aside, and your portfolio would look more like mine, and my members. Have a great week bud! Best of luck!

  94. Nick Sanders

    Gotcha Tim. No problem. Understand what your saying. Im not here to give you such a hard time. However; provided you stop deleteing posts, lets show everyone your stadegy vs my groups. You made 35% short, congrats. Im up 527% long. In 30 days, who will have had the better trade. Who knows. Dont keep deleteing the posts, and well see. I think you will find the reason why I dont need to rent my house, and I would be happy to show you how to teach your people to trade more wisely. Be fair, I said this weekend we would check in on each others trades, and in 30 days lets see who made more. All of your picks combined, or my one pick. Seems kinda fair and everyone reading this post would agree…so dont delete. Be fair…..and dont worry, Im not going to try to sell you $700 DVDS. We prob could learn a thing or two from each other…..put your ego aside, and your portfolio would look more like mine, and my members. Have a great week bud! Best of luck!

  95. Luis

    SPNG and ZAGG are the only two fundammentally strong penny stocks out there right now and the fact that they are atracting the best dollar volume of the otcbb is the prouf. If you think that they are scams you are saying that the mayority of the investors in the otcbb are wrong. There are no historic examples of profitable companies doing pump and dumps because they dont need it.

  96. Luis

    SPNG and ZAGG are the only two fundammentally strong penny stocks out there right now and the fact that they are atracting the best dollar volume of the otcbb is the prouf. If you think that they are scams you are saying that the mayority of the investors in the otcbb are wrong. There are no historic examples of profitable companies doing pump and dumps because they dont need it.

  97. Timothy Sykes

    Correct, the majority of OTCBB investors are in the wrong. ZAGG is a REd Chip pump & dump and SPNG is being littered by management as their shareholders sit idly by.

  98. Timothy Sykes

    Correct, the majority of OTCBB investors are in the wrong. ZAGG is a REd Chip pump & dump and SPNG is being littered by management as their shareholders sit idly by.

  99. Luis

    The reality is that SPNG is consolidating with a strong support at .13. Consolidations patterns not happen during a dump. We will se a stock rebounding from here. The fundamentals and Technicals are indicating very good things. From time to time there are a couple of companies that growth exponentially from the otcbb and moves to nasdaq, like FRPT. When there is a SCAM like CCTR china Crescent you have to see a valuation below book value because the numbers are cooked, that not happen with SPNG if you check the valuation, appears to have a cheap valuation but not an absurd one that make you to suspect that there are something wrong.

  100. Luis

    The reality is that SPNG is consolidating with a strong support at .13. Consolidations patterns not happen during a dump. We will se a stock rebounding from here. The fundamentals and Technicals are indicating very good things. From time to time there are a couple of companies that growth exponentially from the otcbb and moves to nasdaq, like FRPT. When there is a SCAM like CCTR china Crescent you have to see a valuation below book value because the numbers are cooked, that not happen with SPNG if you check the valuation, appears to have a cheap valuation but not an absurd one that make you to suspect that there are something wrong.

  101. Luis

    Costco dont do bussiness with a scam. The pattern of a dump is not producing here because the correction was healthy and we will see a pump in the next days.

  102. Luis

    Costco dont do bussiness with a scam. The pattern of a dump is not producing here because the correction was healthy and we will see a pump in the next days.

  103. Luis

    First, I work as a trader and the regulars brokers dont permitt to short penny stocks, so how can you do it?
    Last, do you think Costco and Walmart will do bussiness with a scam withouth doing a previous research on the company?
    And finnally, Im buying a million shares of SPNG.

  104. Luis

    First, I work as a trader and the regulars brokers dont permitt to short penny stocks, so how can you do it?
    Last, do you think Costco and Walmart will do bussiness with a scam withouth doing a previous research on the company?
    And finnally, Im buying a million shares of SPNG.

  105. Luis

    If you learn from Peter Leeds, you will know that if a consolidation patterns occurr its an indication that there are no dump and here with SPNG we have a very strong support at .13. Upwards moves follows consolidations.

  106. Luis

    If you learn from Peter Leeds, you will know that if a consolidation patterns occurr its an indication that there are no dump and here with SPNG we have a very strong support at .13. Upwards moves follows consolidations.

  107. propTrader

    MIPI peerrfect double top forming, shorted 1000 at 7.2, if it goes higher than 7.15 im covering

  108. propTrader

    MIPI peerrfect double top forming, shorted 1000 at 7.2, if it goes higher than 7.15 im covering

  109. Luis

    Tim, SPNG is going to explode in price soon when the consolidation ends, I reccommend you to cover your shorts.

  110. Luis

    Tim, SPNG is going to explode in price soon when the consolidation ends, I reccommend you to cover your shorts.

  111. Yngvai

    Luis, you’re wrong that you can’t short penny stocks. Interactive Brokers let’s you short penny stocks as long as you have $2.50/share cash in your account per share that you short

  112. Yngvai

    Luis, you’re wrong that you can’t short penny stocks. Interactive Brokers let’s you short penny stocks as long as you have $2.50/share cash in your account per share that you short

  113. Luis

    Do you think SPNG will be at $1? Are you considering going long? Why you covered if you think its a scam????

  114. Luis

    Do you think SPNG will be at $1? Are you considering going long? Why you covered if you think its a scam????

  115. Timothy Sykes

    Luis, most of the stocks I play are scams, I could care less, i just take my 10-20-30% and go…bery high probability trading…I could care less what happens to SPNG, but i do hope they bring in more promoters to make it another predictable trade…learn my strategy here and live a wise life:

    http://www.timothysykes.com/dvd

  116. Timothy Sykes

    Luis, most of the stocks I play are scams, I could care less, i just take my 10-20-30% and go…bery high probability trading…I could care less what happens to SPNG, but i do hope they bring in more promoters to make it another predictable trade…learn my strategy here and live a wise life:

    http://www.timothysykes.com/dvd

  117. Nick Sanders

    Luis, your spinning your wheels with Timmy. He is wrong and he knows it. However remember Timmy is only playing with pocket change, he thinks 30% on 10k is making money. This is why he lives in a one bedroom apartment that he rents out to other people here when he is not home.

    Timmy has his plays and we have ours. CLearly were making alot more money on SPNG than he did, BY FAR, and after all thats what were all here to do and thats it. So then you have to ask yourself, Im up 612% and he made 25%. Who won this. And the game is not over…but I told Timmy I would check in on him this weekend also on the 15th of July when they head to the Nasdaq. Well see who made the better trade, Timmy or I. Then he is going to post a blog saying he was wrong about the pump and dump.

  118. Nick Sanders

    Luis, your spinning your wheels with Timmy. He is wrong and he knows it. However remember Timmy is only playing with pocket change, he thinks 30% on 10k is making money. This is why he lives in a one bedroom apartment that he rents out to other people here when he is not home.

    Timmy has his plays and we have ours. CLearly were making alot more money on SPNG than he did, BY FAR, and after all thats what were all here to do and thats it. So then you have to ask yourself, Im up 612% and he made 25%. Who won this. And the game is not over…but I told Timmy I would check in on him this weekend also on the 15th of July when they head to the Nasdaq. Well see who made the better trade, Timmy or I. Then he is going to post a blog saying he was wrong about the pump and dump.

  119. Luis

    But perhaps you can make several hundreds percent if you buy at these levels and hold it, SPNG is the best brand in the making in the United States right now. Good growth, Good margins, good product, good ROE, ROI. No debt, it will be a highflyer soon.

  120. Luis

    But perhaps you can make several hundreds percent if you buy at these levels and hold it, SPNG is the best brand in the making in the United States right now. Good growth, Good margins, good product, good ROE, ROI. No debt, it will be a highflyer soon.

  121. Luis

    Traders trade stocks.
    Investors buy stocks.
    Thats the difference between mediocrity and something superior.
    You will never make a million again if you dont learn from an investor perspective.
    Traders cant determine if a company is fundammentally sound or not so I dont care about your pro shorting article.
    SPNG is UP 13.90% today!!!!!!!!! up!!!!!!
    YOu see????????
    IM LONG!!!!! for the long term to demonstrate you the merits of a penny stock long term investing strategy. My strategy is to pick stocks like ZAGG SPNG SCLX and hold it for a long term. They have the best growth. Now do you admitt that you are wrong????? be a good looser.

  122. Luis

    Traders trade stocks.
    Investors buy stocks.
    Thats the difference between mediocrity and something superior.
    You will never make a million again if you dont learn from an investor perspective.
    Traders cant determine if a company is fundammentally sound or not so I dont care about your pro shorting article.
    SPNG is UP 13.90% today!!!!!!!!! up!!!!!!
    YOu see????????
    IM LONG!!!!! for the long term to demonstrate you the merits of a penny stock long term investing strategy. My strategy is to pick stocks like ZAGG SPNG SCLX and hold it for a long term. They have the best growth. Now do you admitt that you are wrong????? be a good looser.

  123. Timothy Sykes

    Luis, the trade is over for me, +35%, very nice…emotional bagholders stay with this junk forever, guess which one of us has a better track record?

  124. Timothy Sykes

    Luis, the trade is over for me, +35%, very nice…emotional bagholders stay with this junk forever, guess which one of us has a better track record?

  125. NICK SANDERS

    Your track record? Dont even go there. Its not very good right now. People hate you on every board you go to because you cost them money!

    Luis beat you senseless on this one. You say the bagholders….what bagholders, the stock has been going up up up up up up up up up up

    Most 6741 stockholders were on record when the stock first started going up, now there are just shy of 10k shareholders. Those 6741 bagholders are 500+% EVERY SINGLE ONE OF THEM! You “claim” you made 35% and the trade is over! Well Timmy anyone readying this blog you know is laughing you even try to argue with me. The trade is not over, just for uneducated traders like you. I would tell you and send you a link to my DVDs so you could learn, but I dont go around shamelessly promoting and selling DVDs and renting my apartment to my followers when I’m not home. Have a good weekend. Consider this the weekend checkup I promised you. Oh, SPNG is up another 25% in the last two days incase you did not know. hahhaha Go drink some wine and think about all the money Nick made and you missed on!

    OHH>..and stop deleting posts that make you look ridiculous!

  126. NICK SANDERS

    Your track record? Dont even go there. Its not very good right now. People hate you on every board you go to because you cost them money!

    Luis beat you senseless on this one. You say the bagholders….what bagholders, the stock has been going up up up up up up up up up up

    Most 6741 stockholders were on record when the stock first started going up, now there are just shy of 10k shareholders. Those 6741 bagholders are 500+% EVERY SINGLE ONE OF THEM! You “claim” you made 35% and the trade is over! Well Timmy anyone readying this blog you know is laughing you even try to argue with me. The trade is not over, just for uneducated traders like you. I would tell you and send you a link to my DVDs so you could learn, but I dont go around shamelessly promoting and selling DVDs and renting my apartment to my followers when I’m not home. Have a good weekend. Consider this the weekend checkup I promised you. Oh, SPNG is up another 25% in the last two days incase you did not know. hahhaha Go drink some wine and think about all the money Nick made and you missed on!

    OHH>..and stop deleting posts that make you look ridiculous!

  127. Luis

    If you think its a scam why you put these article and then covered at 35% gain only? You should have to wait until the stock dump below 5 cents as you said. LOL….. perhaps because that will never happen.

  128. Luis

    If you think its a scam why you put these article and then covered at 35% gain only? You should have to wait until the stock dump below 5 cents as you said. LOL….. perhaps because that will never happen.

  129. Timothy Sykes

    people hate me? LOL, i’ve got 1,200 subscribers with testimonials every day, #1 out of 25,000+ on covestor…the only ones who “hate” me are the promoters whose stocks i short and the suckers who dont want what i say to be true…neither group has a bright future compared to honest, profitable trading

  130. Timothy Sykes

    people hate me? LOL, i’ve got 1,200 subscribers with testimonials every day, #1 out of 25,000+ on covestor…the only ones who “hate” me are the promoters whose stocks i short and the suckers who dont want what i say to be true…neither group has a bright future compared to honest, profitable trading

  131. ricardo rodriguez

    the sec is looking seriously into bringing the up tick rule back, no more shorts

  132. ricardo rodriguez

    the sec is looking seriously into bringing the up tick rule back, no more shorts

  133. Yngvai

    Ricardo,

    Uptick rule does not stop shorting. It only says you are allowed to short after an uptick in price.

    Uptick rule is actually a ridiculous rule. It doesn’t prevent bear raids; Michael Goode has some excellent blog posts regarding this. In fact, the uptick rule makes stock manipulation more likely….there was a recent case where the SEC found out about some people who were using the uptick rule to manipulate a stock price and profit off of it.

  134. Yngvai

    Ricardo,

    Uptick rule does not stop shorting. It only says you are allowed to short after an uptick in price.

    Uptick rule is actually a ridiculous rule. It doesn’t prevent bear raids; Michael Goode has some excellent blog posts regarding this. In fact, the uptick rule makes stock manipulation more likely….there was a recent case where the SEC found out about some people who were using the uptick rule to manipulate a stock price and profit off of it.

  135. RICARDO RODRIGUEZ

    both Uptick proposals pending at the sec will make shorting less profitable ,
    reduce the spread ,increase the risk many will loose it all

  136. RICARDO RODRIGUEZ

    both Uptick proposals pending at the sec will make shorting less profitable ,
    reduce the spread ,increase the risk many will loose it all

  137. Spongebob Squarepants

    Like to watch Stargate Atlantis episodes and also Lost. I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Look forward to reading more from you in the future.

  138. Spongebob Squarepants

    Like to watch Stargate Atlantis episodes and also Lost. I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Look forward to reading more from you in the future.

  139. daytrader951

    When are you going to update this bull-shit site and admit that you are wrong. You are a FRAUD!!!!! You have a lot of room calling anyone a fraud or scam $400 bucks for a worthless DVD>>> LAME!!!

  140. daytrader951

    When are you going to update this bull-shit site and admit that you are wrong. You are a FRAUD!!!!! You have a lot of room calling anyone a fraud or scam $400 bucks for a worthless DVD>>> LAME!!!

  141. daytrader951

    When are you going to update this bull-shit site and admit that you are wrong. You are a FRAUD!!!!! You have a lot of room calling anyone a fraud or scam $400 bucks for a worthless DVD>>> LAME!!!

  142. timothysykes

    It's physically impossible to be wrong about SPNg, they paid stock promoters to pump up their stock, that fact isnt debatable…they are a pump & dump and i do hope they pump more…so get your scumbag management on it already so its worth my time!

  143. timothysykes

    It's physically impossible to be wrong about SPNg, they paid stock promoters to pump up their stock, that fact isnt debatable…they are a pump & dump and i do hope they pump more…so get your scumbag management on it already so its worth my time!

  144. timothysykes

    It's physically impossible to be wrong about SPNg, they paid stock promoters to pump up their stock, that fact isnt debatable…they are a pump & dump and i do hope they pump more…so get your scumbag management on it already so its worth my time!

  145. daytrader951

    Thanks for your eloquent reply… (Business 101) Advertisement is a necessary cost for any business-particularly a start-up company that is introducing a new product to the market. Business is not your area of expertise-huh? Oh yeah, they also paid MLB and NASCAR to promote their product, plus the TV commercials, Scorn them for that one as well. Your advice on SPNG has cost people money. Anyone who pays for your worthless advice or lessons should listen to you, because they obviously have money to burn! The only OTCBB stock to retain D&J as auditors, bad choice also right? Get real… Change your opinion and admit you were wrong and I might gain a fraction of respect for you- only a fraction because you seem to be all talk.

  146. daytrader951

    Thanks for your eloquent reply… (Business 101) Advertisement is a necessary cost for any business-particularly a start-up company that is introducing a new product to the market. Business is not your area of expertise-huh? Oh yeah, they also paid MLB and NASCAR to promote their product, plus the TV commercials, Scorn them for that one as well. Your advice on SPNG has cost people money. Anyone who pays for your worthless advice or lessons should listen to you, because they obviously have money to burn! The only OTCBB stock to retain D&J as auditors, bad choice also right? Get real… Change your opinion and admit you were wrong and I might gain a fraction of respect for you- only a fraction because you seem to be all talk.

  147. daytrader951

    Thanks for your eloquent reply… (Business 101) Advertisement is a necessary cost for any business-particularly a start-up company that is introducing a new product to the market. Business is not your area of expertise-huh? Oh yeah, they also paid MLB and NASCAR to promote their product, plus the TV commercials, Scorn them for that one as well. Your advice on SPNG has cost people money. Anyone who pays for your worthless advice or lessons should listen to you, because they obviously have money to burn! The only OTCBB stock to retain D&J as auditors, bad choice also right? Get real… Change your opinion and admit you were wrong and I might gain a fraction of respect for you- only a fraction because you seem to be all talk.

  148. timothysykes

    LOL, my “advice” on SPNG made my people 35%, i'm not a longtermer, if u researched my stuff, or were capable of research, u'd know that…as for business advertising, when a penny stock pays scummy stock promoters, that is not advertising, that is pumping & dumping…as for me being all talk, why dont u start a blog, verify all your trades with covestor, try to dethrone me as #1 out of 30,000 investors on covestor and then i might care about what a random internet troll says…until then, u are just that and not a very smart one by your replies

  149. timothysykes

    LOL, my “advice” on SPNG made my people 35%, i'm not a longtermer, if u researched my stuff, or were capable of research, u'd know that…as for business advertising, when a penny stock pays scummy stock promoters, that is not advertising, that is pumping & dumping…as for me being all talk, why dont u start a blog, verify all your trades with covestor, try to dethrone me as #1 out of 30,000 investors on covestor and then i might care about what a random internet troll says…until then, u are just that and not a very smart one by your replies

  150. timothysykes

    LOL, my “advice” on SPNG made my people 35%, i'm not a longtermer, if u researched my stuff, or were capable of research, u'd know that…as for business advertising, when a penny stock pays scummy stock promoters, that is not advertising, that is pumping & dumping…as for me being all talk, why dont u start a blog, verify all your trades with covestor, try to dethrone me as #1 out of 30,000 investors on covestor and then i might care about what a random internet troll says…until then, u are just that and not a very smart one by your replies

  151. daytrader951

    Being the stock savvy guy you purport (go ahead, and look it up http://www.dictionary.com, I will wait ……….hmmhhmmmhh………….ok.. where was I…) to be, I am sure you have heard of Deloitte Touche LLP, the new auditors that Spongetech has hired. Look at their list of clients… tell me if you see any other OTCBB stocks listed as their clients. Anyone that has actually studied this dompany would know that a goal of management is to be listed on the NASDAQ. I am sure you are aware of the requirements for that to happen. Deloitte Touche will help them reach this goal and will instill an even greater confidence in SPNG investors. If your only excuse to bash this stock is due to the fact they hired stock promoters, you are really missing the big picture.

    Now, tell me one OTCBB or Pink that has aired TV commercials, advertise with MLB, NFL and NASCAR. What OTCBB or Pink actually has a product that you can go to Cosco or Walgreens and purchase that item. I bought my Car Wash kit at Cosco and my dog's sponge at Petsmart. I havent been able to find one other OTCBB that actually has such an accepted and viable product.

    Their work of so-called “pumping and dumping” worked and allowed them to go forward without expensive financing (oh yeah they are debt free). Difference between them and the conventional penny scam- they have a portfolio of products that are in 40,000 (and growing) retailers worldwide.

    Internet troll- you can call me what you want. Covestor is play money. I will privately show you my etrade portfolio and compare gains and losses for the year. Anyone can “say” they are making money but the proof is always lacking. Oh yeah, that portfolio will be much stronger with the run-up that SPNG is currently experiencing and will continue to experience. You might want to re-think your position on SPNG. Talk to you later…

  152. daytrader951

    Being the stock savvy guy you purport (go ahead, and look it up http://www.dictionary.com, I will wait ……….hmmhhmmmhh………….ok.. where was I…) to be, I am sure you have heard of Deloitte Touche LLP, the new auditors that Spongetech has hired. Look at their list of clients… tell me if you see any other OTCBB stocks listed as their clients. Anyone that has actually studied this dompany would know that a goal of management is to be listed on the NASDAQ. I am sure you are aware of the requirements for that to happen. Deloitte Touche will help them reach this goal and will instill an even greater confidence in SPNG investors. If your only excuse to bash this stock is due to the fact they hired stock promoters, you are really missing the big picture.

    Now, tell me one OTCBB or Pink that has aired TV commercials, advertise with MLB, NFL and NASCAR. What OTCBB or Pink actually has a product that you can go to Cosco or Walgreens and purchase that item. I bought my Car Wash kit at Cosco and my dog's sponge at Petsmart. I havent been able to find one other OTCBB that actually has such an accepted and viable product.

    Their work of so-called “pumping and dumping” worked and allowed them to go forward without expensive financing (oh yeah they are debt free). Difference between them and the conventional penny scam- they have a portfolio of products that are in 40,000 (and growing) retailers worldwide.

    Internet troll- you can call me what you want. Covestor is play money. I will privately show you my etrade portfolio and compare gains and losses for the year. Anyone can “say” they are making money but the proof is always lacking. Oh yeah, that portfolio will be much stronger with the run-up that SPNG is currently experiencing and will continue to experience. You might want to re-think your position on SPNG. Talk to you later…

  153. daytrader951

    Being the stock savvy guy you purport (go ahead, and look it up http://www.dictionary.com, I will wait ……….hmmhhmmmhh………….ok.. where was I…) to be, I am sure you have heard of Deloitte Touche LLP, the new auditors that Spongetech has hired. Look at their list of clients… tell me if you see any other OTCBB stocks listed as their clients. Anyone that has actually studied this dompany would know that a goal of management is to be listed on the NASDAQ. I am sure you are aware of the requirements for that to happen. Deloitte Touche will help them reach this goal and will instill an even greater confidence in SPNG investors. If your only excuse to bash this stock is due to the fact they hired stock promoters, you are really missing the big picture.

    Now, tell me one OTCBB or Pink that has aired TV commercials, advertise with MLB, NFL and NASCAR. What OTCBB or Pink actually has a product that you can go to Cosco or Walgreens and purchase that item. I bought my Car Wash kit at Cosco and my dog's sponge at Petsmart. I havent been able to find one other OTCBB that actually has such an accepted and viable product.

    Their work of so-called “pumping and dumping” worked and allowed them to go forward without expensive financing (oh yeah they are debt free). Difference between them and the conventional penny scam- they have a portfolio of products that are in 40,000 (and growing) retailers worldwide.

    Internet troll- you can call me what you want. Covestor is play money. I will privately show you my etrade portfolio and compare gains and losses for the year. Anyone can “say” they are making money but the proof is always lacking. Oh yeah, that portfolio will be much stronger with the run-up that SPNG is currently experiencing and will continue to experience. You might want to re-think your position on SPNG. Talk to you later…

  154. Quint

    I don't have a clue, however, I have noted that most of their commercials are on CNBC, Fox Business Channel, and the Bloomberg Channel. This had me wondering if they were trying to attract stock buyers or trying to sell their product. Now I wonder!

  155. Quint

    I don't have a clue, however, I have noted that most of their commercials are on CNBC, Fox Business Channel, and the Bloomberg Channel. This had me wondering if they were trying to attract stock buyers or trying to sell their product. Now I wonder!

  156. Quint

    I don't have a clue, however, I have noted that most of their commercials are on CNBC, Fox Business Channel, and the Bloomberg Channel. This had me wondering if they were trying to attract stock buyers or trying to sell their product. Now I wonder!

  157. Name

    Damn you tim, I was in the pump and dump, and didnt know any better. What now? I was under the impression this was a somewhat honest thing, I would have been more scepictal if I knew it wasnt.

  158. Name

    Damn you tim, I was in the pump and dump, and didnt know any better. What now? I was under the impression this was a somewhat honest thing, I would have been more scepictal if I knew it wasnt.

  159. watcher

    Looks like in the end you were wrong after all. But then that is because you are nothing more than a paid basher living in his mom's apartment and trading in his dirty underwear.

  160. klupe

    all of the spongetech volume and people moved to GRBG.PK, they owe suppliers only $2,500.00 and can't come up with money, no sales

  161. jay

    Tim looks like you have the last laugh- you were 100% percent correct. congrats and thanks

  162. Guest

    Nick was and is an idiot. He attacks people in an attempt to intimidate. His track record for his followers is a negative 95% return. He brags about making money yet posts volumes on message boards. If he was making all the money he claims he does he would be out on a yacht. Time has proven that he is dead wrong about stuff, and the demise Spongetech (currently trading at 005 after the bozos who ran it were arrested) should be a big red flag for people to sty away from nick… Stay away from anyone who acts like him, too, because he will surely pop back up as another person.

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