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Post# of 346922
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236T568

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Re: madeindet post# 339575

Friday, 09/28/2012 7:03:27 PM

Friday, September 28, 2012 7:03:27 PM

Post# of 346922
Certainly not from operating cash flow, for SPNG had negative operating cash flow in the millions of dollars. SPNG used cash that was fraudulently obtained by RME, the entity controlled by Moskowitz and Metter, which sold SPNG stock that had the restricted legends removed due to fraudulent legal opinion letters written on stationery of a law firm that never existed and was made up by Moskowitz.


How did Spongtech pay for the acquisition of Dicon and how much?
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