Replies to post #344854 on Spongetech Delivery Systems Inc (fka SPNGQ)

[berta]

Thanks for taking the stand you have Jay . No justice at all total joke the SEC.

[starfire]

Jay, the truth couldn't be farther than this.

[starfire]

Jay, your statement is accurate, right on the nail.

It's insane to think that Affidavits of Loss will ever reflect an accurate amount of restitution to be Ordered by any court,................But, if the DOJ wants to transmit proposed restitution orders that accurately reflect the amount that shareholders have been harmed, then why not submit the NOBO and OBO list of shareholders, reflecting the 33,000+ shareholders' names, addresses, and share holdings?
.

[shajandr]

"why not submit the NOBO and OBO list of shareholders, reflecting the 33,000+ shareholders' names, addresses, and share holdings?"

Ummm.... since they would have no idea what the cost basis (purchase price) was, there is no way to calculate their individual losses without their personal trading records.