Spongetech Delivery Systems Inc (fka SPNGQ)

[DueDillyFirst]

wow.

hmmm... ok let's try this.

the section in the law outlined in this post 233633 require forms to be filed with the SEC initially, upon activity, and annually.

Why dont you show me factually where and when they have been filed?

If they havent been filed, then that would seem to be prima facie evidence of a violation? No?

Not air - hard core FACT.

Prove me wrong and gloat all you want.

I don’t care if they file a 10K or a 10Q… it wont fix this. And part of the 10K is a requirement to disclose 16(a) compliance, which I couldn’t find in their last 10K. Here is the on point discussion:

There have been instances where the Commission has forced companies to elect between embarrassing and detailed disclosure of 16(b) violations, on the one hand, or incurring expenses of litigation many times the potential recovery in order to pursue 16(b) claims against a recalcitrant officer or director, on the other hand. Thus a company, as well as those potentially liable under Section 16(b), should do everything in their power to prevent the occurrence of such a violation.