Replies to post #255961 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"Yes, that's self serving rating system from a private company with no authority."
Wouldn't they be sued regularly if their ratings were deceptive? Are they?

" Pink Sheets will skull and crossbones a company for simply changing their name. "
Can you fire off a couple examples where the designated symbol was used "simply" for a name change, please? I didn't miss it, just not sure I believe it.

[Keith43042]

You are missing the point..............they did not put a skull on SPNG for simply changing their name.

[Jim Bishop]

Liquidity follows transparency. Securities of Pink Sheets companies
that provided current disclosure to the public markets either through a
regulator or directly to Pink OTC Markets represented 80.2% of all the
dollar volume traded in 2008


http://www.reuters.com/article/pressRelease/idUS146519+09-Feb-2009+MW20090209

[hasher]

you are missing the real point.. SPNG did not change their name so that argument has no relevance

Regardless, if there is a legit pink company out there and they were given this caveat because they didnt pay $3000 to Pinksheets.com, they would get their butts sued off real fast.

TOXIC
"Buyer Beware. There is a public interest concern associated with the company, which may include a spam campaign, questionable stock promotion, known investigation of fraudulent activity committed by the company or insiders, regulatory suspensions, or disruptive corporate actions."