AI
Tuesday, January 05, 2010 7:04:16 PM
CJ,
Minor infractions met with a fine being levied. Nothing earthshaking.
Determinations being in place. The situation distilled down to its most basic. And do you imagine that did the following quoted passage represent anything other than the factual that said determinations would be a might more tellingly worded than is the case?
--------------------
SpongeTech Delivery Systems, Inc. Sets The Record Straight
The recent press reports regarding SpongeTech are inaccurate. The major customers cited in the SpongeTech’s financial statements for the fiscal third quarter of 2009 are all current and active customers of the Company.
--------------------
And false? Complete fabrication? Criminal fraud successfully perpetrated?
No end of mindless spew afoot. Ongoing attempt at twisting reality in line with personal agenda and worse. Phantasmagorical orgy. The faithful longs standing strong. Able to sort the wheat from the chaff. Seeing the big picture. Leaving the illusory where it belongs. In the minds of mental midgets.
There being a flood of uplifting formal word and more waiting behind-the-scenes for public release. Just as soon as the OTCBB is back in evidence for us. The point at which all hell breaks loose. The massive upside.
Formal word and more that in finality...
'Sets The Record Straight'
The end of the road for the company's greatest detractors.
An any time/moment proposition.
However it is that management, in consultation with company legal, chooses to address the referenced determinations it behooves all involved, on behalf of themselves and the issuing company and its shareholder base, to expedite a rapid conclusion. To avoid proceeding in a way(s) that prolongs the process. Acting in a collective best interest manner as called for.
Getting on with getting on.
A brand new year in evidence. New products to be launched. Much more. Calling for management's full attention. Full effort and focus. Building a very real company. A budding empire. A global force to be reckoned with.
A new beginning. Market level free to ascend as befits. A welcome end to egregious manipulative practices. A welcome end to any/all reason for doubt. To any/all lingering questions.
The big picture fully emerged.
The future wide open.
Plain and simple.
DP…
Sorry to hear about your illness. Hopefully you're fully recovered at this juncture or will soon be.
My best wishes.
As for company CEO?
No physical illness that I know of. His mind certainly in top form.
The XMDC message being simply an example of just how financially self-defeating a rushing to judgment stance can be.
Valuable lesson learned for many.
Taking care.
Jay...
My having a bedroom fortress of my own.
And indeed.
Exactly what it is that the FINRA OTC Compliance Unit is leveraging in delaying approval of the 211 Application is an unknown. None of us able to say with any degree of certainty. Only that there is much afoot that one can realistically point a finger at.
What we can say is that on the first attempt, some weeks ago, at submitting the 211 FINRA refused to accept it. This time the Application has at least been accepted. Progress having been made. Additionally our knowing that the approval process itself calls for a sufficient degree of publicly available information about the involved issuer. Inclusive of full share structure detail. The facilitation of comprehensive due diligence.
And, so, a tough battle. Caught between a rock and a hard place. Our having heard that the SEC is averse to the opening of the PR floodgates. Currently precluding formal release of matters of the material. With it certainly being clever of management to leverage the company's various websites in circumventing the edicts from above. In getting the ongoing growth/expansion message out.
And certainly the mindless yammering about FINRA being nefariously desirous of protecting certain of its member firms from potential financial catastrophe is just that. Mindless yammering. Blind greed doing indeed strange things to folks. The inside having weeks ago filed certain telling documentation with the SEC regarding abusive shorting practices with subpoenas having been served. And does such speak for, or against, the possibility of a controlled buy-in arrangement having been negotiated? For, or against, FINRA being in collusion with MM criminals? Under the watchful eye of a revamped SEC.
Oh, but then we need, of course, consider the (ahem) very real possibility that Ms. Schapiro and crew are nothing more than the typical political puppets and that the SEC is in on it too!
Hmm?
The whole of it will doubtless get sorted out in the absence of wasted time as talked about. Anything less being entirely self-defeating for all involved. Considering that were it not for the edicts from above management just might decide to open the info./detail floodgates pre-OTCBB. Motivating FINRA to get the lead out.
Interesting days ahead for sure.
And you're welcome.
And get in there and give those kids a hug or two.
Good for the soul.
Ralph…
Good to note that you've calmed down a might. Seeing a might more clearly.
Equities and emotions being a self-defeating mix after all.
All the best to you and the rest.
Staying strong.
P.S.,
Mike...
Not the only one having calmed down?
I'll at least have to thank them for the ongoing readership, hmm?
Minor infractions met with a fine being levied. Nothing earthshaking.
Determinations being in place. The situation distilled down to its most basic. And do you imagine that did the following quoted passage represent anything other than the factual that said determinations would be a might more tellingly worded than is the case?
--------------------
SpongeTech Delivery Systems, Inc. Sets The Record Straight
The recent press reports regarding SpongeTech are inaccurate. The major customers cited in the SpongeTech’s financial statements for the fiscal third quarter of 2009 are all current and active customers of the Company.
--------------------
And false? Complete fabrication? Criminal fraud successfully perpetrated?
No end of mindless spew afoot. Ongoing attempt at twisting reality in line with personal agenda and worse. Phantasmagorical orgy. The faithful longs standing strong. Able to sort the wheat from the chaff. Seeing the big picture. Leaving the illusory where it belongs. In the minds of mental midgets.
There being a flood of uplifting formal word and more waiting behind-the-scenes for public release. Just as soon as the OTCBB is back in evidence for us. The point at which all hell breaks loose. The massive upside.
Formal word and more that in finality...
'Sets The Record Straight'
The end of the road for the company's greatest detractors.
An any time/moment proposition.
However it is that management, in consultation with company legal, chooses to address the referenced determinations it behooves all involved, on behalf of themselves and the issuing company and its shareholder base, to expedite a rapid conclusion. To avoid proceeding in a way(s) that prolongs the process. Acting in a collective best interest manner as called for.
Getting on with getting on.
A brand new year in evidence. New products to be launched. Much more. Calling for management's full attention. Full effort and focus. Building a very real company. A budding empire. A global force to be reckoned with.
A new beginning. Market level free to ascend as befits. A welcome end to egregious manipulative practices. A welcome end to any/all reason for doubt. To any/all lingering questions.
The big picture fully emerged.
The future wide open.
Plain and simple.
DP…
Sorry to hear about your illness. Hopefully you're fully recovered at this juncture or will soon be.
My best wishes.
As for company CEO?
No physical illness that I know of. His mind certainly in top form.
The XMDC message being simply an example of just how financially self-defeating a rushing to judgment stance can be.
Valuable lesson learned for many.
Taking care.
Jay...
My having a bedroom fortress of my own.
And indeed.
Exactly what it is that the FINRA OTC Compliance Unit is leveraging in delaying approval of the 211 Application is an unknown. None of us able to say with any degree of certainty. Only that there is much afoot that one can realistically point a finger at.
What we can say is that on the first attempt, some weeks ago, at submitting the 211 FINRA refused to accept it. This time the Application has at least been accepted. Progress having been made. Additionally our knowing that the approval process itself calls for a sufficient degree of publicly available information about the involved issuer. Inclusive of full share structure detail. The facilitation of comprehensive due diligence.
And, so, a tough battle. Caught between a rock and a hard place. Our having heard that the SEC is averse to the opening of the PR floodgates. Currently precluding formal release of matters of the material. With it certainly being clever of management to leverage the company's various websites in circumventing the edicts from above. In getting the ongoing growth/expansion message out.
And certainly the mindless yammering about FINRA being nefariously desirous of protecting certain of its member firms from potential financial catastrophe is just that. Mindless yammering. Blind greed doing indeed strange things to folks. The inside having weeks ago filed certain telling documentation with the SEC regarding abusive shorting practices with subpoenas having been served. And does such speak for, or against, the possibility of a controlled buy-in arrangement having been negotiated? For, or against, FINRA being in collusion with MM criminals? Under the watchful eye of a revamped SEC.
Oh, but then we need, of course, consider the (ahem) very real possibility that Ms. Schapiro and crew are nothing more than the typical political puppets and that the SEC is in on it too!
Hmm?
The whole of it will doubtless get sorted out in the absence of wasted time as talked about. Anything less being entirely self-defeating for all involved. Considering that were it not for the edicts from above management just might decide to open the info./detail floodgates pre-OTCBB. Motivating FINRA to get the lead out.
Interesting days ahead for sure.
And you're welcome.
And get in there and give those kids a hug or two.
Good for the soul.
Ralph…
Good to note that you've calmed down a might. Seeing a might more clearly.
Equities and emotions being a self-defeating mix after all.
All the best to you and the rest.
Staying strong.
P.S.,
Mike...
Not the only one having calmed down?
I'll at least have to thank them for the ongoing readership, hmm?
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