InvestorsHub Logo
Followers 0
Posts 13
Boards Moderated 0
Alias Born 06/19/2009

Re: liable post# 229471

Tuesday, 10/06/2009 8:43:34 PM

Tuesday, October 06, 2009 8:43:34 PM

Post# of 346920
The difference with SPNGE is that there are actual products in stores not only across this country but around the world. I don't know what CSHD sold or invested in. But if this is a scam it is a great one indeed. Most scams rely on non-existent products, lots of promises, and glorious visions of money-making in the future to snag investors. When SPNGE announced that Shop-Rite would begin to sell their car sponges, not more than two weeks later did I see their display at my local Shop-Rite. It was an actual sponge on the shelf, not a drawing, not an advertisement, not a colorful flyer touting the greatness of the product. I'm sure people saw the same thing at CVS, Kroger's, Costco, Pet Smart, ACE Hardware, QVC, hsn,military.com So if this ends up like CSHD, I guess I won't be the only investor who was hoodwinked. But it seems to me that SPNG management spent so much money to get how much back on their scam? Maybe because I don't know how to scam is why I'm having trouble accepting that management would waste an opportunity like Spongetech.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.