Replies to post #228864 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[patchman]

You will know by the end of the week.

Soapy Sponge claimed last week that a PR would come out this week announcing a Second Lawsuit and that PR would be followed up with the announcement of a take out offer. Since you do not need to trade to have a takeover into a private company, this trading halt should be of little significance.

But if the announcement fails to materialize it again raises questions about wheher the intended PR was about the company or about pumping the market.