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I think Clinton's and Obama's stooge, aka Loretta Lynch, WAS willfully negligent in this case
Lynch and Comey have already taken the fall for their gross negligence in regards to Spongetech.
Who will be the next to fall? Will it go all the way up to DJT as some suspect?
The rumor I'm hearing is that the SEC is almost finished with their review of the 10-K. 9 years of review is not unusual when billions are at stake.
Staying tuned!!!!!!!!!!!!!!
Actually, I think Clinton's and Obama's stooge, aka Loretta Lynch, WAS willfully negligent in this case. We'll see.
And now the munny is all G-O-N-E, never to return.
I had around 125k shares. Pooooooooof
The problem in the sponge tech case was Loretta Lynch. Complete incompetence and absolutely no oversight.
Berta, thanks for the laugh. To think the SPNG principals were tremendous businessmen selling millions in product vaporized once the curtain was pulled back.
Good luck.
Jay Booth should sue Mosky in Peoples Court. It's the only way for SPNG victims to ever hope to recover even a penny. No other hope remains.
you can find the episode here if you wish
http://peoplescourt.com/
MR. STEVEN MOSKOWITZ WAS A DEFENDANT ON - THE PEOPLES COURT -- this morning was being sued by a disabled lady in new York his company was supposed to erect a fence on her property, she posted a $850 dollar bank check as half down payment. She never got her fence and judge Marilyn millan lit him up for BREACH OF CONTRACT he said he was unaware of her check ever being cashed . he crawled away a loser and the judge awarded her $1850 1,000 extra for punitive damages WHERE WAS A GOOD JUDGE IN any of the legal procedures here.
DAMN I WISH IT WOULD HAVE BEEN JUDGE JUDY
i remeber buyn 3,000,000 @.0071 selling @ .0085 and the next day it was .14
smh
u still long in this?
i was thinkn of averaging down @
.000000000000000001
crazy this thing went to .24 and I sold @ .0085 for peanuts
in a better one now
whew
peace
SP
Do Not post about legal cases that are not related to Spongetech. These posts are OFF TOPIC and are not made on-topic by falsely claiming they are related to SPNG.
A Consent Judgment was entered today in a case related to SPNGOV. (SPNGOV is a more appropriate ticker, since shareholders are victims of both company insiders, as well as by the lack of enforcement by the government).
https://www.sec.gov/litigation/litreleases/2018/lr24036.htm
Of note in regards to the $700,000 + in illicit proceeds mentioned in this case, we see the following: "The judgment provides that upon subsequent motion by the SEC the Court will determine issues relating to monetary relief." And we'll be waiting to see the SEC's motion.
Yup.I am not going to let negatives screw up my $$ in SPNG.
Go baby SPNG.I predict end of month a lot higher prices.Imo.
.06s???Will be a nice start.SPNG=A money making engine.
Not so much...
The SEC is still flyspecking it according to Mosky.
Some victims bleeved that the SEC pre-approves 10-Ks.
That's why their munny is G-O-N-E, never to return.
No munny for the swindled SPNG share buyers.
Blue sheets ===> nuffin
Blue sheet shuffler ===> nuffin
Yappity-yappin' on dem blue sheets ===> nuffin
Loretta Lynch ===> nuffin
Steve Mnuchin ===> nuffin
Pleas to BK trustees ===> nuffin
Pleas to DaJudges ===> nuffin
Only thing left is axing Mindy Moskwitz for some cents or a coupon for $0.10 off a McDonald's coffee.
No munny for U.
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.
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.
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.
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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