I wouldn't doubt that this has something to do with it. It's also quite possible that they saw what a mess this was turning into and didn't want to be involved in the uncertainty of where this might go. Like they said, they never touched the books, so they don't know what the truth is. The only people who know what's going on are SpongeTech, SEC, and Robison.
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.