Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

but, do we know that the shares were held for less than 6 months?

do we also know that Pensley's signature was forged? there was some talk about Xeroxed copies being used.

if the answer to both questions is affirmative, then stupid decisions were made, and there are consequences.

you mentioned both "financing deals" and "spurious insider dumping." the use of funds obtained though the sell of resticted shares is a factor to consider, as it relates to intent.

much ado about ... much less to me, than to you.