Replies to post #272373 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[underdog150]

Not filing has nothing to do with SPNG being suspended and dropped to the Grey sheets. Perhaps you should read the SEC
complaint.
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You take the easy step. When a company doesn,t report you are right, however in the case of SPNG we have another story. The licence of their auditor has been revoked. The company for delayed filing got an E. Then we got NY-Post - etc. and then the mess started. Under normal circumstances, SPNG just would have moved back to Pink with all their marketmakers - happens a lot - and we would have had a regular market on Pink with a "non-reporting company. What happend to SPNG, they go never this chance, they just go delisted and therefore they ended on the Grey. It is that simple and we should keep it simple.

[puppydotcom]

What happend to SPNG, they go never this chance, they just go delisted and therefore they ended on the Grey. It is that simple and we should keep it simple.

they were suspended and are being investigated because the SEC feels they broke the law ...

lets keep it simple and REAL ..

has nothing to do with the 'E

[Leirum]

There is so much hate I am wondering why. Let,s assume, SPNG would be private. In the press SPNG would be considered as a prime example of a company doing everything right. Examples are plenty that they do more right than wrong. But as SPNG is an .OB listed company, some parties are repeating like a mantra the same old stories again and again, while the company moves from success to success. What is the missing point: Well as they have been a reporting company, those invested in the stock are waiting for the 10K and 10 Q those out of the stock or short in the stock of course are waiting for ............. Frankly I do not know for what. Everybody with common sense should at this day realize, that the wrong company got attacked at all fronts but with unproven stories up to this day and therefore - I mean the company - will not allow, that those responsible for the mess are getting cheap away with it. I think SPNG operates under the slogan "A wise company gets more use from his enemies than a fool from his friends."