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i think you may have something there... and from the looks of the affadavit, SPNG may have affiliated offshore accounts in hungary, the bahamas, switzerland and panama
metter threatened a dicon representative...
paragraph 61... WOW... i can't believe what i'm reading
"The Dicon rep approached Metter and asked him about SPNG's int'l sales. In response to the inquiry, Metter lost his temper and threatened the Dicon rep. "Mind your own business. If you know what's good for you, you'll keep your mouth shut"
.....
the money for the ficticious accounts (sa trading, fesco, new media, etc) were wired from "Hungary, Panama, Switzerland, and the Bahamas"
wow.... wow....
great lesson. never leave a profit on the table, especially for pennies...
i'm interested to see how many shares they dumped overseas through KBT.F... seemed like a steady bleed of 200k-1m shares per day
nooooo :( stop please
interesting, and very sad. however, they would never have branded themselves so well without that advertising blitz, which was funded by share dumping
the moment they announced the reverse split on the day they "promised" to "edgarize" the 10k, that was final tell... i'm happy that the SEC stepped in so quickly, so these crooks didn't have more time to hide their assets.
true. it's the first time M&M forgot to file on time...
oh wait
not because they're holding to take advantage of long-term capital losses?...
Congrats on WalMart. there are some questions that i have though.
is that WalMart a test center? did the manager make a special order for his store? how long have they been on the shelf?
tia
only reason i held (with HUGE gains on paper) was because of the 10k looming. when they announced the 100:1 reverse split, instead of issuing the 10k that fateful monday, i knew the stock was done. and most of my "gains" were erased. thanks again m&m
in all seriousness, i can't wait to pick up some spongebob sponges and car wash kits at my local dollar store...
now that's just a silly remark... timing of the r/s announcement just before they were supposed to release the 10k. everything by M&M was calculated, except for the Kaja Whitehouse stories...
there are so many "augmented reality apps" that put to shame GFGU...
been out of the loop, and not holding any shares anymore... but this 8k seems promising....
try showering with that :) an electronic spongebob...
it was a misprint. originally it said "certain proofs have been raised".
i don't know how you didn't see that...
oh okay, thanks for clearing that up... those were the days, eh?
what is the source of that number? i haven't been following SPNG lately, and am out of the loop
only good part is that it is a green product. it doesn't work that well... and there is no niche for it... sorry...
SPNG management reminds me of the mgmt team from Hudsucker Proxy. LOL
i posted that scenario, more out of sarcasm than anything...
the first two penny-stock MOASSes in history taking place concurrently! lol
by the way, looks like GFGU is heavily diluting lately, from their last filings...
if they can dump the shares quick, they can still make a profit... not really sure what restrictions are on the stock though... i don't really get what piggyback registration means....
Maybe they will issue a stock dividend of GFGU, which could lead to, not just one, BUT TWO MOASSES!
This is a (small) win for longs. the "pot" is now 6m GFGU shares greater...
the plaintiff dropped it?
faith in SPNG management goes a long way.
yeah, i'm hard pressed to find the link to that... but i think it's somewhere in those multiple filings
they signed a NDA with SPNG...
obviously... it's a new ticker... SPNG.PK
my "free" ZAP pen does not have Spongetech written on it.
to be fair, mlf was being sarcastic....
give me the 10k... or at least an updated OS... that's not saying too much... believe me i want this company to succeed, i still have a bit invested here...
pipe dreams of an NSS are bad IMO.
SPNG up 10% in Frankfurt.. on light volume
glta
angelic is not the first word that comes to mind when i think of SM ... LOL
lol that may be so... in econ 101, the professor will likely mention SPNG(E) just for a historical persepctive though
either way it plays out, this will be a case study in economics 101 for years to come :)
"joint filer" ?