The early October suspension was announced by the SEC and included the following two phrases:
"because of questions that have been raised about the accuracy and adequacy of publicly disseminnated information concerning, among other things, the amount of sales and customer orders received by SpongeTech, investment agreements entered into by SpongeTech, and SpongeTech’s revenues as reported in its financial statements."
"pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule."
