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Replies to post #298833 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

Replies to #298833 on Spongetech Delivery Systems, Inc. (fka SPNGQ)
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overachiever

02/26/10 2:28 PM

#298836 RE: Christy from Google #298833

Right. This is now moving on to the penalty phase.

The Wells Notice is just a courtesy to offfically inform the company of the SEC's conclusions and to give it one last chance to negotiate.
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loanranger

02/26/10 4:16 PM

#298905 RE: Christy from Google #298833

"The SEC "field investigation team" is done. Before they left in Mid-December they informed Mosky of the Wells notice...."

How do you, personally, know those things to be facts?

While the remainder of the post is presented as your very reasonable conclusions based on the normal sequence of events, you begin the post with statements of fact.