Monday, September 28, 2009 9:49:41 AM
Thank you for the kind words no_BS 
Been having a crazy WE and I have a full plate today but I'm trying to keep a conversation going w/ Judd Bagley from Deep Capture. I'll let you know what comes out.
I think today is going to be painful again, but I won't sell, like you I just don't think SpongeTech is a scam, there just has been too much work put into actually building a brand and a company for it to be just a bunch of crooks trying to make a quick buck (not to mention that if it is a scam, the whole management team knows they would be looking at jail time).
I'm unsure about whether the SEC investigation actually does target the company, but I do think that the worse case scenario we are looking at would be for the SEC to fine SpongeTech but let them clean up the mess and get back to running a business.
We'll see, if I'm wrong I'll certainly pay dearly for that
Good Luck To All Longs !
Been having a crazy WE and I have a full plate today but I'm trying to keep a conversation going w/ Judd Bagley from Deep Capture. I'll let you know what comes out. I think today is going to be painful again, but I won't sell, like you I just don't think SpongeTech is a scam, there just has been too much work put into actually building a brand and a company for it to be just a bunch of crooks trying to make a quick buck (not to mention that if it is a scam, the whole management team knows they would be looking at jail time).
I'm unsure about whether the SEC investigation actually does target the company, but I do think that the worse case scenario we are looking at would be for the SEC to fine SpongeTech but let them clean up the mess and get back to running a business.
We'll see, if I'm wrong I'll certainly pay dearly for that
Good Luck To All Longs !
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