Replies to post #224976 on Spongetech Delivery Systems Inc (fka SPNGQ)

[now invest]

PATCHMAN...

you stated...

"as for my facts - yes it is a FACT that a transfer agent report showed 1.95 BILLION shares end of June 2009"

Could you please provide the link for this DD... or state the source... Are you stating that THE TA gave this to you only??

I do assume you can prove this statement...

[Millenium323]

Patchman, you are basing the 2 billion outstanding based on the on the WTA file which is linked here.

http://spngscam.angelfire.com/tareport.jpg

I am not taking sides on this but for what its worth a poster from yahoo said this:

I got that forgery back in June...and listen... 3-Oct-09 02:52 pm

When I got a copy of that...the WST report...in mid June...it came along to me with another document.

That one was of an A/R borrowing base. It, too, looked official. When I called the banking officer who's name was on the report she was shocked and forthcoming. I had her return my phone call because I also work for a bank and she would talk once knowing my origins. She said it a forgery, that SPNG wasn't even a customer.

Now, when i talked to the WST officer, after forwarding to him the eamil, he was a little more ...close to the chest. He did not come right out and say it was a forgery...but he all but said it. He was very professional, realizing they'd been the subject of abuse.

The fact I got BOTH of these documents from the same source...at the same time...the day AFTER the date on the WST doc...and with one confirmed forgery...its too obvious that BOTH WERE FORGERIES.

The guy who emailed them to me got them hot off the press, I'm sure, because they didn't show up on the boards for a couple of weeks. When he gets his subpoena, his testimony will reveal a source...right in the backroom of where all this illegal sh1t started.

Good luck with that!!!!!!!!!!!!!

[no_BS_plz]

It is becoming either easier to refute youe silly sllegations or harder because they are making less and less sense.

There is nothing, NOTHING, that says anything a 1.95B O/S, unless you have now changed yout tune to A/S. I have become cofused because every post states a different claim.

You still don't seem to understand that the investment is to maintain ample working capital, and leads me to believe your accounting/finance knowledge is sorely lacking.

Your assumption of 2B has absolutely no merit. Why not stick to facts so that we can challenge each other's knowledge based on principles of corporate accounting and financial including CAPEX expenditures.

You say, "How about spilling facts..." you have spilled none, absolutely nothing that could be construed as fact...nothing but your opinion and widely imaginative speculation.