Spongetech Delivery Systems, Inc. (fka SPNGQ)

[toxicdebtspiral]

"what dpilon was saying is that there was no form 3 filed by pike when the 100 million shares were initially bought as the company was a 1933 act co. which did not require a form 3 filing but when it did turn into a 1934 act co, which was on 28 Sep, pike was forced to file a form 3"

Simply not true. Pike had to file within 10 days of crossing the 10% ownership threshhold. SPNG had registered shares with the SEC and filing compliance is(was) mandatory. It was the 2+ billion shares they sold that were unregistered that was the problem. Well, that and little things like bogus sales.


http://sec.gov/Archives/edgar/data/1201251/000101359409001619/xslF345X02/spongetechfm3-102909_ex.xml

http://www.sec.gov/answers/form345.htm