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Hi WireDawg....I think overall I had made money off SPNG, but I did give back huge amount of profits back in those days, my own fault....really thought at that time, this was "THE ONE" to take me over the top.....Oh Well....it is what it is....was a lot of fun for a while, lol....good luck to you W.D. !!!
I hear ya...at the time I never heard of this type product and I also bought one and used many times over...just testing the product itself.
I thought the "SpongeBob" marketing would take it over the top....
I did manage to flip this and make a small profit...was riding same free shares. They were just plain lairs the same as many running these stinky-pinkies. So, my first rule of thumb is to get into free shares as quick as possible. But I was hoping this could that diamond I was looking for and still am...LOL
https://books.google.com/books?id=azM6MYKyQ40C&pg=PA2&lpg=PA2&dq=pre+soaped+sponge+for+autos&source=bl&ots=E3gsxuKHsg&sig=gQZ3qVs1eLf8MR1MF0vWryPwaLI&hl=en&sa=X&ved=0ahUKEwjVv7_VpcbYAhVC6CYKHQCpA80Q6AEIZzAO#v=onepage&q=pre%20soaped%20sponge%20for%20autos&f=false
Dude, Google "pre-soaped sponges" or "soap-infused sponges" - there are plenty to buy. The Chinese factories that Mosky and Metter bought the sponges from never quit producing. Spongetech never had anything exclusive. These sponges are sold by dozens of vendors online and in auto parts stores.
SPNG never had anything special. Just a Chinese sponge as a prop.
I agree, just saying it was a good prop & product....can't wish enough bad karma on them....
It was just a prop in the Moskowitz/Metter RME share-selling scam.
Ya know I bought the sponge with soap in it at my local grocery store, still works, have used it 30+ times or more past 5+ yrs and still putting out soap, shame they were crooks, good product....
Yes it did, and SPNGQ 'investor' munny went with it in the OBVIOUS SCAM. And the munny ain't comin' back - ever.
The swindled SPNGQ munny is G-O-N-E.
That's the point.
STEVEN YEHUDA MOSKOWITZ and MICHAEL METTER have plenny of munny for Christmas and dreidel gambling.
And all the hand-waving and cloud of blue sheets with zero proof of anything equals NADA, ZIP, NUFFIN.
Steve Mnunchen says "Mosky and Metter and keeping the munny. Quit sending me asinine CONspiracy letters. Oh, and Merry Christmas from the Moskowitzs!"
Baloney. Post a link and prove that BS claim.
shajandr, SPNGQ died long ago...
That's not correct. M&M made only about 10% of what members of the stock distribution network made in selling unregistered shares. And brokerages who sold naked, and never covered, made even more than that.
Nobody made as much munny off the SPNGQ obvious scam as STEVEN YEHUDA MOSKOWITZ and MICHAEL METTER.
And now it's all over ... except the $61 checks that will come every 5 years to those who signed up on the restitution list.
The rest are left with nuffin butt a handful or worthless blue sheets.
This board is still here? Wow, it's been years since this scam ended. I made a boatload of money off of this.
And Walgreens. Now, let's go to the blue sheets ...
LOLOL!!
But, But, But.....it's in Wal-Mart!
CONVICTED FELON STEVEN YEHUDA MOSKOWITZ wishes every one of the SPNG victims a happy, healthy Thanksgiving.
STEVEN gives special thanks for the munny he swindled which he has been stuffing in many ratholes in Israel in the names of his kids and relatives.
STEVEN nott only took all the turkey, stuffing, potatoes, gravy, GREEN bean$, PUNKin pie, and cranbellies - he took the carcass, roasting pan, utensils, plates, dishes, silverware, tablecloth, table, stove, refrigerator, chairs, linoleum, and kitchen sink.
Any and all requests for munny should be sent to MINDY MOSKOWITZ. Or wait 5 years for the next $61 check.
STEVEN YEHUDA MOSKOWITZ is the Thanksgiving turkey and he gobbles "I give thanks for shareholders' munny ... I gobbled it all up!"
STEVEN YEHUDA MOSKOWITZ has ratholed enuff swindled SPNGQ munny so that he and his fambly can afford anything they want.
Mosky has stockpiled enuff stolen cash that he can afford to live to 115 years old.
So those $61 restitution payments will come every 5 years or so for the next 60 years.
I found an interesting article in reference to this old SCAMMARRO. Traders could learn a lot from this.
http://www.crainsnewyork.com/article/20120805/ENTERTAINMENT/308059976/the-rise-and-fall-of-the-spongetech-scam
"And don't forget to put Steve and Mindy on the Christmas card list."
Oh, and you might want to mail it to the Moskowitz's postage due.
Congratulations! That is $61 more than Jay Booth will ever see from this scam. All his letters to judges, Loretta Lynch, Steve Mnunchin, and all the SPNGQ blue sheets he gott - all added up to NOTHING.
At least you get $61 back. That's better than ZERO.
Take a long lunch with a friend. $61 should buy an hour or two of enjoyment.
$61 always beats bupkis. Plus look at all the postage you saved.
And don't forget to put Steve and Mindy on the Christmas card list.
Nahhh....just a waste of time.
A big scam.
Smallville, people still hold out hope for some reason? EOM
Yes, other people got them, too.
Yes, I know. This has been over for a long time.
Smallville, true? Final chapter written and storybook closed forever on Spongetech. EOM
I got a $61 restitution check today.
:)
If I can live another 1000 years I may get my money back.
SPNGQ was such an obvious scam and anybuddy who lost munny in SPNGQ has to blame the primary person responsible for their losses.
And that person is the person in the mirror.
Nobuddy was 'investing' in SPNG, they were just handing over their munny to Metter and Moskowitz who were the only ones able to instruct the TA to issue shares and delegend them.
And nobuddy could believe Moskowitz's ridiculous made-up sales numbers and faked invoices from obviously fake companies. Even basic DD on the supposed companies would show them to be fake, using phony addresses and phone numbers.
Before that he was pumping and hyping the stock falsely claiming only about 560 million O/S and that SPNG was in a major buyback mode, when in reality there were about 2.0 billion O/S.
Oh - he's been all over the board on it.
Remember the year he was begging to be allowed to trade the stock - to sell it. Claiming it was all types of a conspiracy that he couldn't - at the same time admitting it was a scam? Never ever thinking that he selling a scam security would be as wrong as anyone else - and more than that...there was no chance anyone would pay HIM for this particular scam security that was bankrupt and declared valueless anyway.
No,,,he's been mentally disturbed by this for sure,,,,and probably before I would guess.
He actually didn't lose his entire investment
During the height of the SPNG pump he was pumping and hyping with false and misleading information and admitted selling stock into the market at big profits while doing this....
Jay...really dude.
You have been in essence 100% WRONG on all things SPNG.
At least all things that would be reasons and ways for you to make money in an investment, or recover it from a bad investment.
You realize the whole thing has obviously disturbed you mentally.....Yes, I am saying you are mentally disturbed and along with conservative investment counseling, need mental counseling too.
You have lost your entire investment - it's over.
There will be no attempts to find someone to give YOU anything.
Ain't going to happen.
Regardless of what you wish to spew as a belief - it CAN'T happen. Too many reasons gne over for better part of a decade to repeat them....but they stat with too many others actually owed (and would need to get paid for the next work) before you. Too many well experienced people involved with the ability and resources to keep, hide and certainly NEVER EVER turn over ill gotten gains. Yes, it sucks.
Get help dealing with it.
This regularly revisited topic makes no difference.
The stock revoked or not, in your account or not, is and always will be worth nothing.
You cannot and have not been able to buy or sell it. The stock brokerage that is listing it in your account will do nothing at all with it other than keep it in your listing.
If you drop that brokerage and file all the paperwork to move all your holdings into a new one....the new one will not accept that security into it.
It was, is and always will be worth nothing and only be a problem to all left in it's wake...including the brokerages that now can't do anything but waste time, energy and space maintaining it in accounts (again even if the owner of the account abandons it, doesn't want it, dies, etc). DISCLOSURE: There is one exception with SOME brokerages: They will buy it from you for a service fee, remove it from your account and put it in one they maintain to hold garbage. So maybe yours will if you want to give them the $50 or so to do so.
Some time or another....when paperwork that means very little if anything but costs a great deal to do is completed the stock will be formally revoked and the listing able to be dropped. Don't hold your breath! I have some that went through well recognized bankruptcies (from Banks in the 1980s, Communications Cos (like WorldComm), etc a decade later that are still there.
But again....it means nothing other than the fact the stock isn't worth the trouble to do anything about - and clearly - never will be.
An oldie butt still true and educational:
Jay you bought shares in a worthless pennystock scam company that had no real business other than printing and selling shares to victims.
MOSKOWITZ and METTER ripped you off in a classic pennyscam with fake orders, fake PRs, fake Uncle Norman buying the prop product off the handful of stores it was placed in - to make fake sales numbers.
Call or mail Mindy, Jay. It's your ONLY hope of ever getting a cent back from the utter scam you 'invested' in. The FAKE company, SPNG.
"I think Bomart may have been the right man for the job. There was no real reason for attorney opinion letters, so there was no reason for a real attorney.
And, no, I haven't contacted him, not by that name anyway."
1. 'David Bomart' was the fake name of a fake lawyer made up and used by STEVEN YEHUDA MOSKOWITZ and the reason the false attorney opinion letters were needed was to make the TAs issue new SPNG stock to RME and other front entities and then immediately delegend it under Rule 144 (which is WHY the attorney letters WERE needed and why MOSKOWITZ fabricated the fake Bomart letters and sent him from MOSKOWITZ's personal fax.
2. If you haven't contacted 'Bomart' by that name, the only other name 'Bomart' uses is STEVEN YEHUDA MOSKOWITZ, who (along with wife Mindy and daddy Arnold) are the only persons who have your munny. So it sounds like you finally contacted Moskowitz. Did he send you your munny back yet? Did Mindy?
I think Bomart may have been the right man for the job. There was no real reason for attorney opinion letters, so there was no reason for a real attorney.
And, no, I haven't contacted him, not by that name anyway.
I heard David Bomart had your check....did you talk to him?
So, again no munny for you. Bummer, dude. Call or write Mindy Moskowitz and demand a refund. That's the only way any SPNG shareholders nott already on the restitution list will ever have any chance to see a penny back.
Mindy's address and phone are listed in the iBox.
You can contact Metter too, butt I guarantee he'll just wastecan the letter like Mnuchin and the courts did.
Mindy is the last and best hope, dude.
Since this activity was not long after Mirman's involvement with SpongeTech, and since the SEC is seeking disgorgement, interest, and a penalty equal to the disgorgement in the related case filed yesterday against Tommy Belesis, who knows what the good people at the SEC, such as Margaret D. Spillane, Nancy A. Brown, Elzbieta Wraga, Thomas P. Smith, Jr., and Lara S. Mehraban, will do for SpongeTech shareholders?
The only difference is, IF Mirman is also guilty of this behavior in SpongeTech's market, that occurred a little more than 5 years ago. The SEC could not convert the funds recovered to the US Treasury. The money would have to be returned to SpongeTech shareholders, who were victimized in this case.
In the Liberty Silver case, the stock manipulation occurred "between August and October 2012." This is under five years ago, just barely, but it allows the SEC to convert the money recovered to the US Treasury, if they decide that's what they want to do. (At least, that's my understanding of a recent Supreme Court ruling).
Has Mindy Moskowitz sent the refund check yet, Jay? Might want to send her a reminder letter to rebate you and other SPNGQ shareholders for losses - it's the only chance to gett any munny back, dude. Her address is in the iBox.
So, still no munny for you. Bummer, dude. Keep Czeching the mailbox for Steve Mnuchin's reply letter.
This Avi Mirman?
"U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 23895 / August 2, 2017
Securities and Exchange Commission v. Robert D. B. Genovese, et al., No. 17-cv-05821 (S.D.N.Y. filed Aug. 1, 2017)
SEC Charges Two Individuals in $17 Million Manipulation Scheme
The SEC's complaint, filed on August 1, 2017 in federal district court in New York, alleges that, Robert Genovese, a Canadian citizen, his company, B.G. Capital Group, Ltd. and Abraham "Avi" Mirman, the former head of investment banking at now-defunct New York broker-dealer John Thomas Financial, Inc. (JTF), were involved in a scheme concerning Liberty Silver in which Genovese sought to increase dramatically the company's share price and volume and sell millions of shares into the market. According to the SEC's complaint, between August and October 2012, Genovese schemed with Mirman to sell Liberty Silver shares to JTF's customers in part by agreeing to loan $2 million indirectly to JTF without disclosing the loan to the customers. The complaint alleges that Genovese also touted Liberty Silver in newspaper articles while failing to disclose that he had paid for the articles, that he was dumping millions of shares of Liberty Silver stock, and the financial arrangements between himself and JTF. It further alleged that Genovese engaged in manipulative trading on a particular day, increasing Liberty Silver's share price and creating the false appearance of liquidity and demand for Liberty Silver stock."
https://www.sec.gov/litigation/litreleases/2017/lr23895.htm
Is this the same Avi Mirman who was Chairman of Cresta Capital?
"Cresta Capital Strategies, LLC
Investment Banking focused on long-term success.
Melville, NY
Investment banking firm Cresta Capital is led by an accomplished and proven team of financial professionals. Cresta Capital’s investment team has executed hundreds of transactions, some ranging as high as $150 million. Cresta Capital’s management members, who possess an average of 20 years of experience in the industry, employ their expertise in advising businesses of all sizes in the areas of mergers and acquisitions, capital raising, market assessment, competitive analyses, and business model creation. Cresta Capital’s management team includes Chairman of the Board Avi Mirman, President and Chief Compliance Officer Michael Mirman, and Managing Director Russell Steward, CFA."
http://crestacapital.weebly.com/
SpongeTech sued Cresta Capital, remember?
"In August 2009, the Company (SpongeTech) was introduced to Getfugu by Cresta, who was serving as investment banker for both the Company and Getfugu. At the advice of Cresta, the Company entered into a definitive agreement with Getfugu to invest $4 million into Getfugu’s mobile-based web search and e-commerce technology, and that the Company would be the first company to utilize Getfugu’s innovative mobile search platform. An aggregate of $1.75 million had been advanced to Getfugu, soon after Getfugu rescinded the transaction and to this date has not returned the monies to the Company."
http://www.businesswire.com/news/home/20091016005930/en/SpongeTech%C2%AE-Delivery-Systems-Announces-Class-Action-Lawsuits
Didn't Trustee Silverman take that case? I don't recall exactly.
But, there was definitely some entertainment value in getting acquainted with Getfugu. It led to tales of international intrigue, dubious claims of being part of the US law enforcement complex, and to the sad demise of a beautiful Enzo Ferrari.
http://carlfreer-scammer.com/category/getfugu/page/2/
Jay, has Mindy Moskowitz sent you a refund yett? You did write her and demand your munny back, right?
Cuz that's the ONLY way you'll ever see a penny of your munny blown in this obvious scam.
Without Mindy coughing up a refund, yer munny is G-O-N-E.
If you haven't already, write or call Mindy and demand the Moskowitz loot stash send you a refund. It's your only chance, dude.
I believe you were involved with my transaction.
Please return my money, especially as I understand SPNG had nothing and there is no "disgorgment" to even hope for....and of course, as a astockholder I only get paid after all other debts, of which there are much more than any possible recovery.
So please pay me back for my bad investing.
Bummer for you again. Your hoped for munny just ain't happening - no matter how many irrelevant cases you post or how many letters you write. I'm shure Steve Mnunchin is going to send a personal reply letter 'soon'. Just as soon as he getts done with that tax thingy. Your letter is next on the pile in his 'to-do' box.
Butt Metter and Moskowitz have plenny of munny for potentially life-saving procedures.
Ripped-off SPNG investors need to write to Mindy Moskowitz, document their losses, and demand that she pay reparations. It's the only hope for any munny back from this obvious SCAM.
Write to Mindy, Jay, and demand she refund your munny! That's your only hope for munny from SPNG or anything related (or, in the cases you post, unrelated) to SPNG.
Thanks, Whip. But as with everything about this case, the roots run deep, and the SEC still refuses to make RICO cases, as they isolate every aspect of this case.
However, the SEC can't help themselves to our money in the Sandias case, so we'll see if they give the disgorgement to us, as they should anyway.
Sandias Azucaradas
A number of Admin Proceedings announced by the SEC today were in regards to Moneyline Brokers and their affiliates, including Sandias.
"1. Sandias, incorporated in Costa Rica and domiciled in San Jose, Costa Rica, is a foreign corporation affiliated with Moneyline Brokers (“Moneyline”), a self-described broker dealer based in Costa Rica. Moneyline conducted some of its business within the United States
and abroad through Sandias and other foreign corporations...
3. The Commission’s complaint alleged that from at least January 2009 until at least September 2010, Moneyline and its affiliated nominee entities, including Sandias (“Moneyline Entities”), unlawfully operated as a broker-dealer on behalf of U.S.-based customers seeking to
conceal their holdings of microcap securities and to manipulate the market for these thinly-traded issuers. The customers, working with the Moneyline Entities, penny stock promoters, and other associates, engaged in numerous “pump and dump” schemes, including by manipulatively trading
the shares of microcap stock to create the illusion of genuine investor demand, orchestrating a promotional campaign to inflate the price of the stock, and then selling their shares into the demand that they generated."
https://www.sec.gov/litigation/admin/2017/34-80955.pdf
On January 5th, 2009, Sandias received their first OIS stock certificate from SpongeTech. Not surprisingly, these shares were deposited into an account with Penson Financial, until they were sold two days later.
And the SEC beat goes on, regardless of who sits in the Chair.
Spongetech is garbage
Moskowitz and SpongeTech CEO Michael Metter were arrested by FBI agents... so sad
In a search for a contractor to replace my roof I had 5 estimates provided from 5 different companies. STEVEN MOSKOWITZ of Renovex LLC gave me the best price by over a couple thousand dollars. This was too good to pass on, so I hired Renovex to do the job.
Steve immediately demanded 60% of the cost to be paid upfront. I was hesitant so I told him once the material arrives on site I would give him the 60%. He rudely told me "I am not a bank, and I won't lay out that kind of money." We eventually came to an agreement. The following day, 80% of the material arrived and so I paid him in good faith. That was my second mistake. My first mistake was hiring him in the first place. I was initially promised that the entire job would be completed in 3-5 work days. Over the course of 3 weeks I've heard one excuse after the other. It went from bad weather (which never came) to family emergencies, to sick days (6 in a row, with no communication) This company left my roof unprotected which lead to a semi-major leak in multiple areas of my home. I am currently in the process of filing a claim against his insurance, which I'm beginning to think is fraudulent. I have gotten no where. After over three weeks from the start date they were only competent enough to complete 45% of the job. I had finally had enough of the excuses and contacted Steve. I told him I have no other recourse at this point. I need to hire someone else to complete the job. His response was, "Why didn't you tell me that my workers haven't been there in over 5 days? You are just trying to steal my materials and I will see you in court!" As if I'm responsible for managing his labor force. Save yourself the headache, don't use Renovex LLC for ANYTHING! It was a waste of my time and money in the long run. It was the least professional management I've ever dealt with in my entire life. PLEASE DON'T BE TEMPTED BY THE LOW COST, IT IS A FACADE THAT IS WELL WORTH AVOIDING!
Ross G. and 1 other voted for this review
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