Spongetech Delivery Systems, Inc. (fka SPNGQ)

[oilspec]

Starfire - The following is NOT speculation:

1. Spongetech has been completely out of business for 2 years.
2. They have no employees and no office
3. Dicon was their manufacturing arm. They are also bankrupt, so Spongetech has no manufacturing capability at all.
4. Almost all the SpongeTech assets were already sold off for $500k.
5. All the principal players have been indicted, with most already having plead guilty of various offenses. There is no one in place to re-start Spongetech.
6. No one in their right mind would ever be associated with this blatant scam. Anyone interested would have no access to capital because no one would remotely consider investing in a "new" Spongetech.