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I'll go back and post the time stamps from his posts, but he had his link up to his site well before any alert came up, and he had a copy of the document.
It was only a 15 minute or so leadtime, but it was enough to ponder how he got it, and had it up on the web already.
please answer my question a few posts down.
I would say they filed on the "facts" known to the public. I don't think they know something super secret that we don't.
what on earth would Robison tell them that would not break any sort of ethical code?
well if Doug said it...
if we get it today, it'll be a late release, I'd say between 5 and 5:30.
Trust me, I hope that is the case.
But I believe it more has to do with us being pushed down to the Greys, than us being filed.
Trust me, I got more skin in this game than I really should have, and I hope we come out of this cleanly, but I also think that right now, we're no longer an OTCBB company.
I would assume they know we aren't on the OTCBB any longer.
Spongetech Delivery System Inc.
43 WEST 33RD STREET Suite 600
New York NY, 10001
Tele: 212-695-7850 ext: 210
Fax: 212-594-4172
Cell: 917-685-4958
This is straight from the bottom of SM's email signature. Looks like they changed the tele number at one point, but kept the fax number that is only a few digits off.
why do you say that?
and the saga continues.
I call BS.
Everyone here has been calling D&T, following up, ect, since the announcement was made. If you think that SPNGE continued to use their name after the initial PR, and that D&T didn't know about it, you're crazy.
Well, actually the 19th as the 17th is a Saturday.
And I sure do hope we see a clean 10-K.
please stop by.
It isn't insider information, it's just outside lies.
right, and when did they get that letter?
And how do you know about it?
And how many times has D&T been mentioned recently?
I love the smell of desperation reaching on a Sunday
I gotta find the rule, but I believe they MUST PR it within 5 business days of the notification.
it's not like it's something we didn't already know..
if they don't file by October 16, same thing we've known for a few weeks.
You know, they could just file the 10k and quite worrying about this.
PR Newswire and BusinessWire News
============================================================
Spongetech Delivery Systems Inc SPNGE:OTC Bulletin Board Market
SpongeTech(R) Delivery Systems, Inc. Receives Delisting Notification from FINRA and Requests Appeal Hearing BusinessWire 3:30 PM ET
SpongeTech(R) Delivery Systems, Inc. (the
"Company") "The Smarter Sponge(TM)", (OTCBB: SPNGE),
today announced that on September 25, 2009, the Company
received a letter from the Financial Industry Regulatory
Authority (FINRA) stating that, pursuant to NASD
Rule 6530, the Company is required to file with the
Securities and Exchange Commission its Annual Report
on Form 10-K for the year ended May 31, 2009 (the "Annual
Report") by no later than October 16, 2009. If the
Company does not comply with this requirement, the
Company's shares of common stock would not be
eligible for continued quotation on the OTC Bulletin Board.
The Company is requesting an appeal hearing with
FINRA regarding the determination of the Company's
security listing eligibility.
The Company
previously announced that the delay of its filing Form 10-K
for FY '09 was due to the Company's former auditor's
difficulties with the PCAOB (Public Company
Accounting Oversight Board). As a result, the
Company's financial statement for the 2008 fiscal year is
being re-audited and the financial statement for the
2009 fiscal year is being audited by the Company's
new auditing firm, Robison, Hill & Co. The Company
and its auditors are using their best efforts to complete
the audit and file the Annual Report by no later
than October 16, 2009.
After the
submission of the 10-K/A for fiscal 2008 and the 10-K for
fiscal 2009 year, Deliotte & Touche LLP will assume
responsibility for the audit of the Company's
financials beginning with the fiscal 2010 year that
began June 1, 2009.
About SpongeTech(R)
Delivery Systems, Inc.
actually, spongetechinc.com is the investor relations.
get it right.
I agree, this whole thing is just bizarre.
dude, every scam company takes the time to release new products, didn't you know that?
you've already posted this exact post before, no need to throw it up again.
late...again.
sounds like you bet wrong...
2010 is moody, and scorned, and angry.
hahahaha
I just spit beer out from laughing so hard, thanks.
Glad he didn't live in New York City, he would have showed up at the office threatening them.
he has hopes and dreams of vengence.
The sad thing is that when everything gets filed, he'll be screaming even more.
I do have to say this is similar to what I heard, kind of.
I inquired to SM about it and he told me that they were more of a marketing relations and PR firm than their IR, but they were wearing that hat in the short term.
yep, because they are still diluting with the SEC watching over them.
Your stories all start to trip on one another after a bit.
nope, it shows a full day below .10 cents, not .01
I think that .72 spike threw it in a tizzy at close.
where is everyone?
a 45 day extension for what?
Please fill me in, I will call and confirm tomorrow.
VD
I gotta ask, when was that picture taken that is in your sig line?
OMG! I just checked and saw we are up for the day in a big way!
WHAT HAPPENED??!?
you mean we are still trading?
I simply tore up my shares Sunday because of the way they were telling us we would be halted and open at .02.
I'm confused, can you explain this to me?
you do realize there is a new PR firm and they have only been on the job since Friday, right?
So just to clarify, you agree that the skull and crossbones is not because of a "serious" investigation, but because of the late filings, correct?