Spongetech Delivery Systems, Inc. (fka SPNGQ)

[overachiever]

THIS COMPANY HASN'T BEEN SELLING JACK.

I warned everyone for a year that my research had shown that the sponges did not have substantial retail sell through. I spent several years in the wholesale distribution (from manufacturer to retailer) business and although that was a long time ago, not much has changed with the way it ultimately works. My efforts showed SPNG to be a huge fraud.

Here is an oldie but a goodie from one of SPNG's biggest fraudsters:

Now you may be wondering if I lied to you. The answer is "yes". I've lied to your face on certain occasions. Now for that, eh, I don't enjoy doing nor take pleasure in it. But as you see, it casts light upon the forum for all to see.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42209790