Replies to post #281857 on Spongetech Delivery Systems Inc (fka SPNGQ)

[puppydotcom]

Are you sure? They could be buying the shares for a third party that is interested in purchasing the company.


the insiders control the company .. pike is buying common shares .. all the insiders have to do is exercise the preferred controlling stock

why would anyone want to buy a company with massive fines hanging over its head
and lawsuits piling up

the company is also named in the SEC wells notice .. and the company is responsible for all the fines and lawsuits

if Pike was trying to buy the company he would deal with the insiders and not with common shares

Pike is a bag holder now ..

NO ONE is trying to buy this company