Spongetech Delivery Systems, Inc. (fka SPNGQ)

[dpilon]

SpongeTech to RESTART on FORFEITURE of 66M shares?

Why SEC uses TAXPAYERS MONEY to obtain FORFEITURE of AT LEAST 66 MILLION SpongeTech shares held by Moskowitz and his Trust if those TAXPAYER MONEY forfeited shares are supposedly "worthless"?

Answer: They are ZERO PERCENT worthless with the CURRENTLY EXTRA CLEAN SpongeTech shell!

CLEAN IT EVEN MORE, SHARE BY SHARE! ONE BY ONE!

"...WHEREAS, on or about August 16, 2011, the defendant, STEVEN MOSKOWITZ, entered a plea of guilty to Counts One and Two of the above-captioned indictment ...

WHEREAS, the defendant has consented to the entry and forfeiture of the following: (a) a forfeiture money...

... and (b) ANY AND ALL RIGHT, TITLE AND INTEREST IN ALL SHARES AND CLASSES OF STOCK OF SPONGETECH DELIVERY SYSTEMS, INC....

... held by the defendant or held in trust for the benefit of the defendant or any of the defendant's family members, including but not limited to those shares and classes of stock held by the Moskowitz Family Trust (collectively, the "Forfeited Stock"), pursuant to..."

http://www.scribd.com/doc/217659954

Those 66,000,000 shares are NOT going to be allocated to you Paul KISSLINGER, Jeffrey TAO, and Richard SIMPSON, COUNT ON US!

This is AT LEAST 66 MILLION shares back to the company's TREASURY!

Superb asset!

SIXTY SIX MILLION!

AT LAST someone getting it in place of "efficient" trustee Silverman!