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Re: cowtown jay post# 327819

Saturday, 07/31/2010 6:31:45 PM

Saturday, July 31, 2010 6:31:45 PM

Post# of 346953
Jay, stop beating around the fringes. lay out what your issue is.

Are there 3 billion shares or not? That would be what all investors should be concerned about. the fact that in the Cresta lawsuit the company admits as much should be something you take seriously. That news verifies the June TA report and the SEC claims made this year. It also refutes 100% what Moskowitz has claimed to shareholders. so why do you believe Moskowitz still?

How about sales? Investors are pleading for leniency associated with a real company with real products. What about the fact that Spongetech has liabilities (accounts payable) that exceed revenues (accounts receivable) by millions and they have excessive legal liabilities. Care to tell me how this is a workable business?

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