Replies to post #263475 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

Are there less than 500 legitimate shareholders?

That's similar to your question of, "...are we really shareholders?" But my question is more interesting because it brings up the question of "are we really even a 33 Act company?"

What if we crossed the "number of shareholders" threshhold because of Naked Shorts selling counterfeit shares? It's an interesting legal question, don't you think?

As for me, if we see a forced accounting of shares, shorts can buy mine back. They are sitting there waiting for them.

[cav]

I feel the same way Mingy. And stoxmagic proved himself to be a fraud along with other pumpers.

[Playtowin]

Mingy No the company may not have concern for us but the brokers are still on the hook for our accounts they are holding. I remember quite a while back when Scotty was not allowing buys on SPNG that they also stopped requests for certificates. I wondered why way back then. Seems everyone has a reason to be against us. Hope the SEC really gets to the bottom of this "counterfeit" issue. If it exists of course. JMO