Spongetech Delivery Systems, Inc. (fka SPNGQ)

[patchman]

bwog,

Hate to disappoint but I did more than just send e-Mails. e-Mails are a form of documenting that can't be denied but there are plenty of phone calls as well.

as for the rest of your assertions, you need to learn more about the system and you should learn more about me. The SEC knows me quite well and I have both friends and foes there. I have the same at FINRA. In fact, earlier this week I was in DC to attend the SEC's roundtable on Short Selling reforms and spoke briefly to Chairman Schapiro who knows me quite well. One of the suggestions I made to her was one that would help out you investors here.

The Reg SHO list and reporting of FTD's are being misinterpreted by investors, The lists are automatically equated to NSS fails when that is not always the case. selling 144 stock will create a fail as easily as a NSS. my request to the Commission is that the data be raised to a higher standard by posting total fails and then posting the fails by short and long position fails. Differentiating between the two will aid investors in knowing what exactly is happening with the market.

My web site is www.investigatethesec.com. It has been around since 2003 and I have been focused on NSS for nearly 10 years. But in this effort I found that con men have used this vehicle to engage in long side pump and dump fraud. I witnessed many such events that paralleled this one and where investors (uninformed investors) bought the stories hook line and sinker. I am hear to protect the real issues of NSS. Calling this one a NSS destroys the efforts of the regulators and congress when they look at it as such and then find out it is nothing more than a pump and dump.

I hope this explains my reason for doing this.