Replies to post #244425 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[overachiever]

Actually, they still have to file even though they are on the pinks and are now a "CAVEAT EMPTOR" STOCK.

As a former OTCBB company their obligations to file remain intact. The SEC can revoke their registration if they neglect to file. No filings could soon mean they will never trade again.


It's on the pink sheets now, so technically, they may never file what they need to, could that be a correct assumption? Or is the SEC "forcing" them to file all necessary forms as if they were listed on a major market?

[Stock Stallion]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42510752

[MorningLightMountain]

doesn't mean they weren't required to file in a timely manner previously, no matter what the status now.....when that PR came out, form 4s should have soon followed......for an insider to not do so implies PERSONAL liability, not just cooperate, right????

(assuming the "Co" was telling the truth, but that also puts insiders in a catch-22 position if they knew the PR was a lie)....

all IMO, as always....