Spongetech Delivery Systems, Inc. (fka SPNGQ)

[shajandr]

"What about the fraud perpetrated upon SpongeTech shareholders who paid for shares that can't be authenticated and certificated?"

Go see Moskowitz. He was the source of the illegally unrestricted shares that flooded the market.

Second, no harm was done to the shareholder by any short. The shareholders bought worthless shares in a SCAM. The shares, both the legal and the illegal, were ALL worthless.

And furthermore, your shares, even if borrowed and nott replaced (of which there is no evidence, were never sold by you - you suffered NO HARM.

Shares in an OBVIOUS SCAM were worthless in street name, in certificated form, or any other form.

Oh, and what's tha value of a certificated SPNG share? Is it a hot eBay item now as a collectors' item???

Besides, your posts asked to be able to TRADE the shares - a FINRA/SEC/DTCC 'release' or somesuch thing. That has nothing to do with certificates - they aren't preventing getting certificates - the TA does that alone.

Sheesh, that is a really bizarre argument.