Which part of the following press realease dont you understand? Maybe I can help. Because you can not find this companies you feel they do not exist? This was written WHILE UNDER FORMAL INVESTIGATION. I know it does not work well with your agenda but you should read it again. DT is with us - we are under attact by NSS - NYP are selling papers as the only way they know how!
No one is that noble as to spend so much time - away from family and freinds, jobs, hobbies ect. Only to save the banking accounts of strangers.
READ IT AND WEEP
"The recent press reports regarding SpongeTech are inaccurate. The major customers cited in the SpongeTech’s financial statements for the fiscal third quarter of 2009 are all current and active customers of the Company. We believe that a number of documents cited in press reports about the Company are Internet forgeries being used by short sellers and stock speculators to undermine the integrity of the Company and profit from the adverse publicity. Statements in the press that SpongeTech must “restate” its financial statements are wrong. As a result of our former auditor’s difficulties with the PCAOB (Public Company Accounting Oversight Board), our financial statements for the 2008 and 2009 fiscal years are being re-audited, not restated, by our new auditing firm, Robison & Hill & Co. After the submission of the 10-K for fiscal 2009 year, Deliotte & Touche LLP will assume responsibility for the audit of SpongeTech’s financials beginning with the fiscal 2010 year that began June 1, 2009."
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