Spongetech Delivery Systems, Inc. (fka SPNGQ)

[starfire]

yes, shareholders are routinely cheated as these so called investors remove restrictive legends illegally and distribute the shares, thus making them unregistered shares!Of course, sometimes, they steal the certs or counterfeit them, all in the name of making monies and at the expense of shareholders. And then there are other methods that they employ too, like borrowing shares against restricted shares and then shorting the company's stock to oblivion.