Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"Am I wrong?"

Damned if I now. I'm too confused to tell. Let's see if I've got this right:

Pike got $16million offshore somewhere, starting to accumulate same in 2007 per the filing, saved it up and spent it all on SPNG shares on someone else's behalf after reading your post in September.
How'm I doing so far?

Then, for some reason you reproduce a PR reporting the open market purchases of 18.2 million shares by the "Chief Executive Officer, Chief Operating Officer and Board Members", while the subsequent Form 3 filings of the 3 principals seem to indicate that 16million of those shares were purchased in the name of Mrs. Lazauskas. (I know....irrelevant.)
Then you proceed to summarize the 3 insiders holdings as of July 2008 when their holdings as of October 2009 are readily available:
7/08..10/09
MM 6..6
SM 8..11
FL 11..27



You tell me.....are you wrong?
About what?