Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

further and more importantly...

Getfugu has a few claims themselves...

1. SPNG is short selling their stock..
-this is laughable short interest of 58,000 further why would SPNG want to decrease the value of their investment?

2. That SPNG didn't pay them the money but RME did...
-if this was an issue why did they continue to accept further money on three separate times after the original deposit on aug 24th... and the final one being sept 10th... You'd think they'd question this prior to this point... if it was a real issue.

3. Something in regards with SPNG and fraudulent activity and possible SEC investigation.
-I completely understand if this is the reason they want to no longer be connected with SPNG. However if this is the case why not immediately pay back SPNG the "dirty money." As per the agreement they were not suppose to use it. It's kinda like a store taking an order taking your money and then telling you they won't give you the product and that they won't give you your money back...


Anyways this is going to kill GFGU no matter what happens... No one is going to want to invest in them and they need the capital...

We shall see what happens and how it plays out for SPNG, my guess is they will win the case... However it is a hiccup that wasn't needed..