Replies to post #126588 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

Ozz,

Over time, management has applied their own money in advancing SPNG's business plan.

Cash loans from RM Enterprises.

Equity issuances in return. As collateral. Security.

Said issuances coming complete with restrictive legend attached. SEC Rule 144.

Cannot be legally liquidated courtesy of the attached restriction. Will not be liquidated even after the attached restriction is lifted (if) courtesy of intent to buyback and retire/cancel.

In line with the squeeze play intent.

Gunning for the bad guys/gals.