Replies to post #270526 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[hasher]

Malarky.
Sure they can.
More Malarkey. There are no SEC rules that deal with the gagging of a T/A

Exactly correct. Making excuses or apologizing for all the nasty things the M&Ms have done to the shareholder wont change the SEC's rules.
There is absolutely Zero obligation on SPNG's part to clear any gagging of the share structure with anyone. Desperate times can create some serious misconceptions

[TEX]

you post accurately about the TA "myths."

In short, for those reading along, the function the TA provides is simply an outsource function. Any given company can keep those functions in-house. In other words, no rule, regulation or law compels companies to use a TA.

The TAs who have elected to implement a "gag-order policy" have done so merely as a marketing tool.