Spongetech Delivery Systems Inc (fka SPNGQ)

[crashman]

"umm.. those 500 million share were bought and cancelled.. and it is completely separate from the now 150 million buy back program they have in place."

If those 500 million shares were bought and canceled, then SPNG would boast about it in the latest PR but they aren't! In fact they are extremely quiet about it. I bet those shares were given back to RME in some form or another right after they filed that 10Q.

Folks, things just don't add up with this company, forgive me if I laugh after they are suspended from trading.