the Yankees went on to say this about Spongetech the Yankees determine that the continued association with the Company will be injurious to its reputation or goodwill. however, this is what spongey said .. in their cya PR Cancellation of its advertising agreement with the New York Yankees was on an amicable basis and was in full compliance with the parties’ agreement. hmmm .. who to believe? the Yankees or a penny stock with many security violation, class action lawsuits plus known for bouncing checks and running out on the contracts with the Mets