Replies to post #288802 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Karmasaur]

Stoxmagic,.....could you elaborate on the three securities law violations,..... 1933---5(a), 5(c) and 17(a),......and the penalties generally associated with companies receiving these charges?


My understanding is that these 3 charges were the most serious and any perspective on them would be useful.



And doubters, I'v tried to engage you on this topic several times.



Karmasaur

[Stock Stallion]

The unknown factor being OTCBB status. Whether the FINRA OTC Compliance Unit is willing to listen to reason as talked about. Management being hard at work attempting to reestablish a fitting trading venue for us. And if no-go? Well, again, the opening of the info./detail floodgates under current trading venue circumstance will see a massive breakout precipitated complete with understandable follow-through. Institutional level involvement simply being not as far-reaching as would be the case were the OTCBB the trading venue reality.

so a few days ago it was for sure going back to being quoted on the OTCBB without a DOUBT. now it is well, maybe not so much so LOL

Oh and the institutional involvement that was ASSURED by you a few days ago, now not so much so either.

says a lot

[vd8828]

Good job. Thanks. Rally time & Strong Buy, imho.

Go SPNG!! Up we Go!!

Have a great weekend!