InvestorsHub Logo
Followers 0
Posts 4227
Boards Moderated 0
Alias Born 08/27/2004

Re: cowtown jay post# 327138

Tuesday, 07/27/2010 11:42:48 AM

Tuesday, July 27, 2010 11:42:48 AM

Post# of 346919
cowtown, what part of fraud don't you understand? Spongetech is a fraud. They have sales but not enough to turn a profit. They marketed those sales by selling stock to stuckholders like you and then by stiffing the advertisers.

In October the SEC made official announcement that this was a con job and yet those that write to the judge today kept on buying and kept on hyping the con. Pleading to a Judge to protect your bad investment and to keep a con going so that you can stick your losses on another is irresponsible.

if you want to claim conspiracy, start with validating teh SPNG filings. Start by proving the customers that accounted for 90% of sales overseas actually exists. Stop blaming everything else you can't prove in a conspiracy and start proving what SPNG stated was not lies.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.