Spongetech Delivery Systems, Inc. (fka SPNGQ)

[am777]

then why did they mention re-audit here:
SpongeTech® Delivery Systems, Inc. Sets The Record Straight

SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG), makes the following statement:

The recent press reports regarding SpongeTech are inaccurate. The major customers cited in the SpongeTech’s financial statements for the fiscal third quarter of 2009 are all current and active customers of the Company. We believe that a number of documents cited in press reports about the Company are Internet forgeries being used by short sellers and stock speculators to undermine the integrity of the Company and profit from the adverse publicity. Statements in the press that SpongeTech must “restate” its financial statements are wrong. As a result of our former auditor’s difficulties with the PCAOB (Public Company Accounting Oversight Board), our financial statements for the 2008 and 2009 fiscal years are being re-audited, not restated, by our new auditing firm, Robison & Hill & Co. After the submission of the 10-K for fiscal 2009 year, Deliotte & Touche LLP will assume responsibility for the audit of SpongeTech’s financials beginning with the fiscal 2010 year that began June 1, 2009.