Spongetech Delivery Systems Inc (fka SPNGQ)

[patchman]

well this statement makes the prior press releases and announcements misleading and improper. If RME is the party that engaged in the financing and RME received the shares, this implies that SPNG was not a party in the dealings at all. They did pump the stock however with a press release saying otherwise.

So... Do you think SPNG gave RME shares when the $1.75 Million was granted? If so, it would be double dipping and again - illegal.