Spongetech Delivery Systems, Inc. (fka SPNGQ)

[dpilon]

I'm THANKFUL to Moskowitz GENIUS DEBT TO EQUITY conversion of $3 million out of the $5 million BTR owe us automatically made us MAJORITY OWNERS with 76,800,000 shares of BusinessTalk Radio (BTR).

MASTER piece of BUSINESS ACUMEN.

TREMENDOUS FIDUCIARY TO THE EXTREME WORK HE DID FOR US (SpongeTech shareholders)

Our FOUNDER did all the job!

It's really TOO BAD the SEC has infite legal resources from taxpayers money and can't be counter-sued for DAMAGES. Really too bad.

Without this Mr. Moskowitz TOUR DE FORCE we wouldn't be MAJORITY owners of BTR.

It was a BRILLIANT and GENIUS move when he did that in May 2010 (look Jeff Weber exhibits, it's all there)

And who BENEFITS from this now? It's US! It's >> SPONGETECH <<.

"The DEBTOR would be in essence a HOLDING COMPANY which would hold an operating subsidiary and therefore THE SHARES WOULD BE TRADED."
(Judge said this, not me)

Cohn Birnbaum COMMITS to SpongeTech!

BTR lawyer CONFIRMS! ( https://viewer.zoho.com/docs/xc1v6 ) SpongeTech is a HOLDING COMPANY holding MAJORITY of:

- A Boston radio station!
- A Las Vegas radio station!
- A Stamford radio station!
- A Pittsburg radio station!
- 3 NATIONAL radio NETWORKS

All of this run by the CHAIRMAN of GREENWICH Chamber of Commerce!

We also hold:

- Multiple MILLIONS in claims (took in charge by Reid Collins)
- $2 MILLION in cash debt past due date, by BTR

WOW! + $2 MILLION DOLLARS remainder CASH debt!

Mr. Moskowitz and his family TOTALLY SAVED the BusinessTalk Radio business!