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Re: THE_YAK post# 206269

Thursday, 10/01/2009 5:48:41 PM

Thursday, October 01, 2009 5:48:41 PM

Post# of 704570
hey Yak,,, Your friends at Spongetech are getting reamed,,LOL
Getfugu Inc. released an 8k today in response to Spongetechs lawsuit seeking the return of 1.75 million dollars,,
it reads in part -

"On September 30, 2009, SpongeTech filed an action against us seeking return of the funds and other relief. The September 24, 2009 letter from us to SpongeTech, a copy which is attached to the complaint, states in pertinent part as follows:

"In recent days, the management of GetFugu has become aware of the following Information:

We have reason to believe that you have been engaging in short selling of Company stock in anticipation of your proposed investment in the Company in violation of federal securities laws."

http://biz.yahoo.com/e/091001/gfgu.ob8-k.html

I just wanted to share this fine bit of news.
Thank You
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