Spongetech Delivery Systems Inc (fka SPNGQ)

[sponge_digger]

EZ cowboy! I'm on your side. Just making a point that (IMO) this is much bigger than you think. You can stand up and pound on your chest all you want but until you get the right people in front of the right judge and the right jury... your just a pissed off long like many here.

If you think you can make a change without defending a legal position then more power to you. GOOD LUCK. My guess is that M&M have much more power and resource and they cant seem to get the job done. I am watching and waiting for them but I'm very entertained by you.

As far as getting involved... I am as involved as I want to be. You found a few links to some potential corruption and I am happy for you but that is no reason to send a "get involved" directive my way. Step down from your high horse and remember that you do not know who is on the other keyboard


I look at the facts Mingy and here they are:

The company has lost 90+% from his June high

They are back logged 3 filings

They have not uttered a word to their investors Since October

The AS remains 3BIL as of this year

The trade volume is extremely high for a 4 month old gray

Pike has a very serious interest in this company and quite possibly purchased the entire float

The SEC Wells has NOT been resolved as of yet meaning we have little knowlege of the severity of the charges.

The spongebob sponges ARE in wallmart

The company is being sued by its own investors

They have issues with thier advertisers

They have settled most of their legal issues rather quickly

While their are many more facts... these are the ones I look at to try and figure out what the hell is going on. Have you ever considered the possiblilty of the company being involved in their own dirt? I know I have. While I do believe the managment team are good people and really want the companies shareholders to benefit from their sucess, I would be an idiot not to consider many other possibilities.

Your on a road and I wish you luck Mingy. As for me... I prefer to watch and wait for Moskowitz, Metter and the SEC to make the moves.