Spongetech Delivery Systems, Inc. (fka SPNGQ)

[patchman]

The fact that RME wired the money and not SpongeTech is mere validation that SpongeTech remains cash flow strapped and that SpongeTech continues to take PIPE deals from RME at significantly dilutive and discounted share prices. It is clear that all these activities coincide with the continued increase in A/S as the O/S increases as well.

RME is funding their investment capital by getting Spongetech shares, dumping them into the market for profit, and then turning around and doing it again. The profits go into their pockets and the baseline capital is all that gets re-invested.