It clearly states, that they reached a settlement,and GetFugu agreed to issue to SpongeTech and RM an aggregate of 5,250,525 shares of common stock of GetFugu (the “Shares”) in consideration for the $1,750,000 which GetFugu had previously received,
Yes, Spongetech.
That 8K was a lie as evidenced by the settlement between GFGU and RME
No, I think not. Furthermore, I think its outrageous to even claim SPNG is putting out false 8k's while currently being under investigation. Every postive SPNG filling is a lie, but every negitive aspect is deemed fact.
It makes no sense for these guys to be running a scam when they have a great product, great idea's, great company, great growth, and a huge future. Why would they risk going to jail for a long time by putting out false 8ks, especially while currently being under investigation. . Doesn't make sense, and that is why i'm long and looking for much higher levels.
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