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Replies to post #246916 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

Replies to #246916 on Spongetech Delivery Systems, Inc. (fka SPNGQ)
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puppydotcom

10/26/09 12:44 PM

#246918 RE: ID Supermoney #246916

the SEC has whatever they subpoenaed .. no question about it ..
because failure to comply with a federal subpoena is just another nail in the coffin
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hasher

10/26/09 12:47 PM

#246920 RE: ID Supermoney #246916

I think thats a bit of a stretch. Never heard of it happening before with other troubled stocks.
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jondoe0069

10/26/09 12:53 PM

#246925 RE: ID Supermoney #246916

Anything the SEC is questioning that belongs in any of the 10's would likely not be put into the report until SEC clears it as being legit. This would surely hold up that report and any subsequent reports. This may not be an official rule, but no accounting firm is going to put numbers into a report that are being investigated as false by the SEC. Well maybe Drakeford would, but Robison is more reputable. In this view, the SEC is holding up the reports, but they definitely aren't filed yet.