Replies to post #268696 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[BikerBob]

Let me get this right. You think the accountants did it?
That's a good laugh.

No on time filings, like 10K, that's a fact.
Accountants did it again.

The SEC information let people get out, that seems Fair Warning.

The SEC dumps it to the Grey Market. That is a fact.

[loanranger]

"And yes, for the SEC to have disclosed non-public information about an upcoming investigation, and probable suspension as well, is more than a little unfair."

What? That didn't happen.

[pantherj]

Management created all of those problems that you reference, also. BTW, there is no proof and nothing other than the word of M&M that the company had grown at all, much less to 50 Million. SPNG's problems are wholly the creation of its own management. No one else put out the false PRs, no one else lied about customers and no one else made those questionable investments.

And now there is no one else to blame for not getting the filings done as per the SEC mandate ... and placing the shareholders in danger of being wiped out by revocation.

[puppydotcom]

It is not because of management impropriety.

the company was not suspended for being late in filings .. they were suspended because the SEC simply did not believe them ..

they were suspended and a formal investigation launched involving

" management impropriety "