Steven Moskowitz, the Company’s Chief Financial Officer, stated, “We were surprised to see that the staff of the SEC decided to suspend trading in our shares yesterday. We are cooperating fully with the SEC staff in connection with their investigation and are working diligently with our new auditors to finalize our Annual Report. It is our intention to provide the SEC staff with all requested materials so that they can conclude their investigation as soon as possible.”
and this puts to rest any argument about the SEC investigating spongy
Steven Moskowitz, clearly states
" It is our intention to provide the SEC staff with all requested materials so that they can conclude their investigation as soon as possible "
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