Spongetech Delivery Systems Inc (fka SPNGQ)

[TEX]

In lieu of an effective BOD, which I've asked about a coupla times, apparently the SEC can bar the principals from public companies and put the biz into receivership. Somebody posted about that last night, as I recall. of course, that would take quite some time at the normal speed-of-the-SEC. On the other hand, given the "public-image push" the SEC is making this year, maybe enough letters/e-mails from shareholders could spur such an action if the company really does have the assets to warrant such expediency.