Replies to post #201375 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[fredk]

So what really happened was spng and the accountants sort of fudged the books..for the past year. Then used the excuse they they now have DT as new accountants. They are using the excuse that the old accountant made a mistake.
But everyone knows all accountants are different but, they can go to jail if they fudge the books. But if the company "SPng and accountants are close" they can work the books to show the Spng is in the stars with money.

So now they are making money they are cleaning up their act to use DT and or any other new accountant, and say oops the old accountants were a bunch of clowns and they made a mistake, refile the 2007, 2008 tax years, come out with a new set of books, most likely pay a little fine on interest and show some losses or what ever.

Wow what a chain of events.

Fredk