Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Christy from Google]

Thanks OT, I believe you.

One thing doesn't make sense. R&H and the paperwork. They were on the job for 8 weeks until the 9/13/09 SEC letter. It makes no sense they had little or no paperwork for that period.

Maybe your source meant for the period after the Wells Notice. In that, Mosky didn't provide R&H the details of the SEC investigation results, which was the basis of the Wells Notice.

Rielly and the new SEC lawyer came as a team, back in January. Rielly was retained to help the lawyer with the accounting issues of the Wells Notice. And I believe a major part of that was the SPNG/RME accounting and business relationship. His accounting/auditing/consolidation experience was the main factor in his involvment. And his connection with PIKE too.

And your statement regarding Mosky and the audit - "what M&M have been telling people is pure bs", is so true.

Thanks