Penny, I think that if you look at history, few consider jail when they engage in the fraud. In all of the accounting fraud scandals it was about gaining millions and with the expectation that they will not be caught.
SpongeTech has created a very visible moving train. Once such a train has left the station it is hard to stop it. We are not talking a few million, we are most likely talking tens of millions to more than $100 Million. Good con men would be moving this aside. SEC investigations are civil. It requires a DOJ investigation to put somebody in jail and M&M are gambling that being a penny stock it will not go in that direction.
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