This is the part that I am concerned about.

" Should this project be approved as expected, the carbon credits available for the project can be forward sold "

"Should would maybe" not good words.

And the point is that this will not work for this year 2009 or 2010!

Because you have to forward sell the carbons as well!

and that is no easy feet at this time with the economy!

each carbon can go from $5.00 to $20.00 at this time!

There is no mention of how many carbons they would get!

And program is over usually 20 years!

The world Bank DOES NOT give ALL CREDITS OUT FIRST!!

Reason they want to make sure the PROJECT LASTS 20 YEARS!

ID

and for the record I do have a buy in for the morning.

ID

Since when did he say that, this month or last month!

A lot happens from July 1 to October 31, 2009.

ID

Does any one know the O/S shares at this time?

Someone should find out and post!

That way all know if dilution has occurred or not.

I am hoping the O/S is not gagged.

A simple phone call will do.

ID

I am sorry cannot resist!

If they do not get the forward money from the CC program before X-mas, how do they pay for this equipment??

More dilution, or bank financing?

And to get it to AFRICA before Jan 1, 2010 will be hard re shipping by boat in containers, yes?

And they mining season is from DEC now they say Jan to the last month last year MAY 2009!

This company diluted 100 million shares from MAR to June 2009,

No income from July -Sept they had expenses during this time NO?

More dilution during this time?

I want to buy long term but not sure??

and If they ordered this equipment already where did the money come from? Stock?

I hope that the CC program funding is coming, but things are slow at X-mas!!

Just sharing.

ID

Is there a SEC investigation to anyone we know of? Not a company!

Could you post a response please.

ID

I think retail is starting to buy in again!

More of a problem for NSS!!

That is why PPS is rising!SLOWLY but RISING!

This will get away on them!

I think pressure is mounting!!

This could even break here!in GRAYS!

ID

Take the companies assets! West Coast production, they must have factories or contracts to make sponges!

ID

But Market makers can have their own "customer group"

ID

Maybe SPONGABLES COMPANY! might as well have a WEST COAST OFFICE to add!!

ID

That is better than going down!

ID

I think if it breaks $0.05 even to $0.052 we are looking REAL GOOD!! on any stable number as 500,000 shares we are in lift off mode!

ID

Patch man is it true that there is a SEC investigation around a certain person!

ID

? something brewing Fastmando was excited yesterday!

ID

I have another one who is trading right off the bad!

ID

no trades first 6 minutes!

have to wait and see!

ID

RME would sue these guys if they were not part of SPNG!!

ie: A=B B=C therefore A=C

Simply logic.

ID

This was posted earlier. Makes my point though!

Posted by: pj333 Date: Saturday, November 07, 2009 3:09:20 PM
In reply to: None Post # of 255917 [Send a link via email]
You've probably all seen this already, but just in case.



http://spongetech.getfugu.com/


Nice catchee logo!!

ID

I for one also thought this was a good investment!

I think MM and MS are good marketers and this will yet come to fruition.

ID

the NSS are playing mind games with MM and MS!!

ID

well SPNG is also sueing Cresta Capital Strategies LLC

Therefore RME must also be with SPNG thanks!!

ID

Nice post Good reading!

ID

The transaction has not been completed yet!

Maybe instead of money they will give them shares!

That would even be better for RME!

MM and SM and others DESERVE as much money as they can get from all this BS!!

Just like the true longs who have put up with all this crap!!

They need to be rich, just like us longs!!

ID

Well I can understand loyalty!

I my self am in a stock like that, so I apologize to all that I have offended!!

ID

Why would they buy back in according to you?

ID

Probably to the NSS!

ID

Whose is to say they do not have them!

They did have a hearing did they not?

Did it get cancelled? I do not know do you?

If you do when was it cancelled?

ID

Never answered why! Most are running away according to the negative posters!

ID

Where did SPNG pay for this!!

You have stated that RME has so how is is that SPNG is minus this $1,750,000.00

You can not have it both ways you tell us!!

ID

Unfortunately tornadoes do occur. Hopefully not around you.

ID

8k in 500,000 shares unlikely!

Did you buy them above 0.016 a share as you averaged DOWN!

ID

If RME returns the stock back at cost to SPNG in which they paid for them, there is no illegal activity!

That is what they have done in the past and so we have to assume they will do this again!

ID

People have had enough of WALL street mishaps, and the wind is turning 180 degrees!!

They may side on let the "walls" crumble than let their gov't offices fold!!

ID

Who says at this time the SEC does not believe SPNG?

SPNG may have given evidence to other sectors that have done wrong doing as well!

Notice congress and all the RETAIL investors have had enough of NSS and there could be a major correction here, to all parties as it may be politically suicide not to go against the NSS which the gov't has pointed out!!


ID

So did you call him to confirm what PATCH stated??

You are using his quote as fact not yours if you would have phoned!!!

ID

Why would they do this then no mention of RME!

Item 1.01 Entry into a Material Definitive Agreement.



On November 6, 2009, we entered into a Settlement Agreement with SpongeTech Delivery Systems, Inc., pursuant to which the pending litigation between us was dismissed with each party to bear its own costs. We also entered into our standard form of Augmented Reality Link Terms of Service Agreement with SpongeTech, providing that it will be placed on the GetFugu platform and will not be charged any service fee for up to 20 ARLs.

ID

Yes but IF you are AGAINST NSS there MUST be 2-3 companies that you are looking into!

ID

Now the question BEGS why??

ID

So you are claiming your proof on HERESAY??

Now that is FACT! LOL

ID

Where is this proof of it going to DOJ??

ID