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I think the SEC should permanently delist/ban this stock from all public trading venues at minimum. Too many lies is just disgusting.
Metter and Moskowitz bought 18,200,000 shares?
Todays Form 3 filing doesnt seem to reflect it.
SpongeTech Delivery Systems, Inc. CEO and COO Purchase Company's Stock
Mon Jul 20, 2009 9:30am EDT
Market Purchases by Management and Board Members Reflect Confidence in Company'sFuture and its Long Term Success
NEW YORK--(Business Wire)--
SpongeTech Delivery Systems, Inc., The Smarter Sponge, (OTCBB: SPNG) is pleased to announce that its Chief Executive Officer, Chief Operating Officer and Board Members have been purchasing SpongeTech`s common shares in the open market. Together the team has purchased approximately 18.2 million (eighteen million two hundred thousand) shares of the 722.86 millions shares issued and outstanding as reported in the Company's 3rd Quarter 2009 filing. The purchasing of the Company's stock in the open market reflects the management's confidence in the
Company's long-term prospects.
http://www.reuters.com/article/pressRelease/idUS107216+20-Jul-2009+BW20090720
Post the phone numbers to Dubai Export & Import, Fesco Sales, New Century Media, and SA Trading so I can call to confirm their existence. The Company said in previous quarterly filings they were fact and real too.
And a audit will or will not confirm it. That cute little disclaimer at the bottom of the page says it all. You may have the last word Senator. W00F!
subject to audit is not factual. woof
SPNG trading .04's boyzzzz.
Then where is your audit to confirm it?
Then where is your audit co confirm it?
* = subject to audit woof.
You posted a link to the company Spongetech Delivery systems is suing for impersonation:
http://dockets.justia.com/docket/court-nysdce/case_no-1:2009cv08398/case_id-352900/
The real Spongetech website is spongetechs.com
Nope, you are looking at the website of the company (spongetechinc) that Spongetech Delivery Systems Inc. is suing:
http://dockets.justia.com/docket/court-nysdce/case_no-1:2009cv08398/case_id-352900/
Um, spongetechinc (spongeables) is the company Spongetch Delivery Systems is suing:
Spongetech Delivery Systems, Inc. v. Spongetech, Inc.
Plaintiff: Spongetech Delivery Systems, Inc.
Defendant: Spongetech, Inc.
Case Number: 1:2009cv08398
Filed: October 2, 2009
Court: New York Southern District Court
Office: Foley Square Office [ Court Info ]
County: NewYork
Presiding Judge: Judge P. Kevin Castel
http://dockets.justia.com/docket/court-nysdce/case_no-1:2009cv08398/case_id-352900/
Yes, it's good to see these bogus claims removed from existence. Those lies had the intent and purpose to dupe investors.
SPNG removed $70mm revenue from website!! It was fake. Its been removed from website..It tells us that it was just made up to pump the stock i think.Check urself.
http://www.spongetechs.com/
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=63817&tid=430269&mid=430269&tof=3&rt=1&frt=2&off=1
The jury is still out, no Spongetech banner is placed there yet.
Cav's warned about SPNG's SEC investigation.
Be advised.
Same positive upward speculation when @ .28?
Look at what happened to that little dream.
So do you agree the letter seems to be bogus or not?
I just compared Steven Moskowitz's signature he signed on a previous document to the "Deloitte & Touche LLP" signature from the D&T letter to SPNG. They did not appear to match up but that "Deloitte & Touch LLP" signature looked familiar.
Maybe it seemed similar to some of the handwriting on the forged opinion letter.
Agreed, the SEC shouldn't have any problems double checking the authenticity of this letter.
Oh don't worry, there are enough reporters reading these boards and double checking the DD uncovered here.
Yes, I saw that too but look at the signature at the bottom signed "Deloitte & Touche LLP" Since when is the last time you got an important letter that wasn't signed with the employees name with his or her job title attached to it?
Why didn't a D&T employee sign off on the letter? Why was the letter signed Deloitte & Touche LLP? That is the first time in my entire life I saw a letter from a firm that did NOT have the employees name signed at the bottom with his or her capacity or job title affixed to it.
The more I look at this letter the more bogus it appears:
http://www.sec.gov/Archives/edgar/data/1201251/000114420409053394/v163086_ex99-1.htm
Is that a no comment?
D&T listing SPNG's address as 19 West 33rd Street was just a typo or do you think somone fabricated that letter with fraudulent intent?
http://www.sec.gov/Archives/edgar/data/1201251/000114420409053394/v163086_ex99-1.htm
we'd see another lawsuit if that were true
Let's not forget the SEC investigation is still ongoing.
If they clearly did not say they resigned, naturally they were never hired in the first place.
No, the lie is SPNG saying D&T resigned. Does the letter say D&T resigned? Nope.
D&T listed SPNG's address as 19 West 33rd St Suite 518, SPNG's address is 10 West 33rd Suite 518, the entire letter might be a forgery.
Letter from D&T says 19 West 33rd St, Suite 518
Isn't SPNG's address 10 West 33rd St, Suite 518?
Bogus forged letter from D&T to SPNG?
http://www.sec.gov/Archives/edgar/data/1201251/000114420409053394/v163086_ex99-1.htm
D&T says they were never hired:
http://www.sec.gov/Archives/edgar/data/1201251/000114420409053394/v163086_ex99-1.htm
Why did SPNG lie about it in this 8K?
(a) On August 24, 2009, the Board of Directors (the “Board”) of SpongeTech Delivery Systems, Inc. (the “Company”) approved the appointment of Deloitte & Touche LLP (“D&T”) to act as the Company’s independent registered public accounting firm for the year ending May 31, 2010
http://www.sec.gov/Archives/edgar/data/1201251/000114420409045302/v158943_8k.htm
Funny how someone could spin it when it is right there as plain as day in black and white.
The letter clearly says D&T will not act as SPNG's accountant. It does not say they resigned.
http://www.sec.gov/Archives/edgar/data/1201251/000114420409053394/v163086_ex99-1.htm
Anyone notice Stock Promoters ceased pumping SPNG since the suspension? All the pay for play websites have stopped covering SPNG.
iHub and yahoo msg board posters are the only touts left.
OBVIOUS NO BUY ORDERS ACCEPTED, SELLS ONLY
SPNG reduced to blindly trading on the greys.
BRRRRRAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAA!!!!!
Doubtful that SPNG will trade again.
No mention of the 10K or the 10Q in the recent 8K might be the hint to the above event.
If the SEC subpeonaed the 10K (after Robison finished it) and 10Q that only means Spongetech is in more hot water.
SEC has the 10K and 10Q in their
possession at this time
Hey carpe, since no 10K on 10/16/09 and D&T is officially gone, you now don't have any comments?
Spongetech Chapter 7 liquidation
would not surprise me at all Monday morning.
Criminal indictments in Act II.
No 10K, No NT 10Q, D&T out
No more straws left to grasp. End of story.