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Re: cowtown jay post# 345133

Tuesday, 01/27/2015 2:04:15 PM

Tuesday, January 27, 2015 2:04:15 PM

Post# of 346916
actually, no

the SEC clearly stated that there was very little naked shorting of SPNG as of December 2009



Whether the above are representative examples or not, the SEC knows full well how SpongeTech shareholders were harmed not only by the sale of unregistered shares, but by the naked shorting of shares clearly exhibited in the Electronic Blue Sheets.


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