Yes that continuation of his fantasy as fact (well now covering a bit by saying "in his opinion") - which absolutely no one of any matter has been able to grant even a drop of credence to...making it BS is an extension of the same type of sickness that made him heads over tails a believer this stock was destined for greatness.
It is the same wacko-ness against all reality that still feels the need to claim that the SPNG product was good, desired and well distributed. All be clear: That whole line was part of the pump and dump....pumping a product that was terrible....and hiding a fraudulent stock with it. (
Those people telling you how great it was - the same telling you how great the investment, management, and other things were. They simply weren't...but sickos (or poor/ignorant investors) need to believe.....and believe they did.
REGARDLESS of how many other actual legitimate companies had competitive products - and were identified in many posts) and how many others failed. There were even people making almost religiously devout testiments to SPNG products which actually were never ever produced....delusionals. Be absolutely 100% clear - as a look back test: If there was amy real commercial demand or viability for this sponge - any number of other manufacturers would have been happy to fill the void. There ain't. (I do understand that dreaded Spongeables Co - does still exist).
No actual distribution "pipeline" - wasn't any need. Virtually no re-orders...and what Unkie Norm didn't buy back had trouble even finding a closeout market. That left in the warehouse at Dicon had NO MARKET at any price. The pipeline? Called "Retail Slotting Fee's"...remember all the posts advising of that - all you do is pay and your product is on the shelf. Sort of the same as what they did to get the stock to your broker.
That's how it works (It is not a distribution system...and As Seen On TV actually makes it even easier to get the space as they are essentially resllers of the retailer space (space is what the Big Box retailers have to sell! They don't really care much about whats in it)......and all that is one of the reasons that so many products appear for a very short while. An overwhelming amount of products on even the biggest retailers racks are gone within a short while. Having shelf space is NOT success.
All said to point - once again - that just about everything these delusional NSS and "everyone in the world let failed and didn't do what they should" says is BS at best. They willingly bought stock in a crappy company with a terrible product and got swept away in the marketing of it all....and have to find some one - or many - to blame.
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