Replies to post #345688 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[236T568]

Geesh, please stop blaming the U.S. Government for your investment losses in criminal enterprise SPNG, that was founded as a criminal enterprise, managed as a criminal enterprise and closed down as a criminal enterprise...

This has nothing to do with the PRODUCTS of either company, although most people seem to think that SpongeTech had a pretty good product, and a pretty good new-product pipeline.

However, my brokerage account doesn't reflect the number of SpongeTech products in my house. It reflects the number of SpongeTech SHARES in my account.

I am comparing the SHARE PRICE of the two companies...

I am comparing two companies that were both on RegSHO...

both of whom drew the attention of Tim Sykes and the NY Post...

both of whom were in severe financial difficulty...

both of whom had effective bear traps.

The SEC failed to protect SpongeTech shareholders by willfullly disregarding RegSHO. In fact, their actions prevented the protection of RegSHO.

Is it alright with me that the SEC failed to enforce buy-in laws that could have resulted in hundreds of thousands of profit to me? Money that could be used to pay for such frivolous things as life-saving medical treatment?

Our government agencies represent nothing less than a clear and present danger to...our government, and to the individual citizens they govern.

[k9narc]

The last time I checked, RegSHO doesn't apply to unregistered shares sold illegally into the market.

[underdog150]

Jay, do you remember why SPNG began showing up on Reg Sho?
If I remember correctly, SPNG claimed to have 400 million shares outstanding
at that time, when in reality, there were close to 2 billion shares.
That would skew the Reg Sho numbers 200% higher than they should have been.

A security will make the threshold list if it meets the following criteria over five consecutive settlement days:
1) The total number of fails to deliver exceed 10,000 shares,
2) The total number of shares that have failed to deliver exceed 0.5% of the outstanding shares and
3) The security is listed on a similar list by a self-regulatory organization.

Do you also remember that 5 days after SPNG was suspended, they dropped off
that list? How exactly did those fails disappear, when the stock was not trading?
----------------------
The SEC failed to protect SpongeTech shareholders by willfullly disregarding RegSHO. In fact, their actions prevented the protection of RegSHO.

Is it alright with me that the SEC failed to enforce buy-in laws that could have resulted in hundreds of thousands of profit to me? Money that could be used to pay for such frivolous things as life-saving medical treatment?

[shajandr]

"Is it alright with me that the SEC failed to enforce buy-in laws that could have resulted in hundreds of thousands of profit to me? Money that could be used to pay for such frivolous things as life-saving medical treatment?

Our government agencies represent nothing less than a clear and present danger to...our government, and to the individual citizens they govern."

This is just wrong - soooo wrong.

First, there is no evidence whatsoever of any large outstanding short position, NSS or real.

Second, you want the people who rightly identified SPNG as a total SCAM (which it was - and OBVIOUS scam) to PAY you for your being WRONG and buying into a scam created by Moskowitz and Metter. That's absurd and immoral. You want those who were RIGHT to bail you ~OUTT for being WRONG.

Third, the gubmint shut this SCAM down to protect others from getting defrauded by those SPNG shareholders who realized THEY were duped and wanted (want, apparently still) to DUMP their crappy decisions onto others - defrauding the newbies.

Gosh, your blaming of the gubmint is SOOOOOOOOOO wrong - in SOOOOOO many ways.

As for medical treatment, if somebody didn't FIRST buy medical insurance before blowing munny into pennyscams, I have zero empathy for them. That's beyond an irresponsible decision and falls into the realm of negligence -failing to fulfill a duty to attend to the basic medical coverage for oneself and one's dependants. Gambling on pennyscams should never be done, butt if one is gonna do it anyway, do it only with munny one should EXPECT to lose, because 99.99 percent of pennystock players will lose and most lose it all.

Because they buy OBVIOUS SCAMS like soap-infused sponge stories peddled by career, recidivist crooks like Mike Metter and S. Yehuda Moskowitz - whose history and pattern of lies, fraud, and criminality could have been easily found with just a little DD on Google.

[shajandr]

"Is it alright with me that the SEC failed to enforce buy-in laws that could have resulted in hundreds of thousands of profit to me? Money that could be used to pay for such frivolous things as life-saving medical treatment?"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119010890

cowtown jay
Tuesday, 12/08/15 12:20:56 PM
Re: k9narc post# 345684
Post #345688 of 346171

This has nothing to do with the PRODUCTS of either company, although most people seem to think that SpongeTech had a pretty good product, and a pretty good new-product pipeline.

However, my brokerage account doesn't reflect the number of SpongeTech products in my house. It reflects the number of SpongeTech SHARES in my account.

I am comparing the SHARE PRICE of the two companies...

I am comparing two companies that were both on RegSHO...

both of whom drew the attention of Tim Sykes and the NY Post...

both of whom were in severe financial difficulty...

both of whom had effective bear traps.

The SEC failed to protect SpongeTech shareholders by willfullly disregarding RegSHO. In fact, their actions prevented the protection of RegSHO.

Is it alright with me that the SEC failed to enforce buy-in laws that could have resulted in hundreds of thousands of profit to me? Money that could be used to pay for such frivolous things as life-saving medical treatment?

Our government agencies represent nothing less than a clear and present danger to...our government, and to the individual citizens they govern.

Since there are no NSS unicorns to be forced to 'buy in' in your fantasy, Mosky is the one who swindled you ~OUTT of the munny you claim could have been used for potentially life-saving medical treatments.