Spongetech Delivery Systems, Inc. (fka SPNGQ)

[patchman]

exactly. I was trying to lay all that out as such.

Broker-Dealers would not be ordered to do this by a court as there is no "defendant" or accused in this. Because the claim is that the Brokers are lying, why would anybody believe what they send anyway.

This then leaves this issue up to shareholders which I have said all along and would require that everybody participate - which won't happen.

Since the claim is the elusive non-reported shares, no market based system will show them so you have to rely on the good old fashioned account statement accounting methods.

While you may not get an totally accurate assessment out there, it would highlight a problem if you saw account statements that vastly exceeded O/S. If the statements received do not equal O/S shareholders lose.