I rather doubt that. MSG will win the suit easily. As will the Giants and the Mets.
Can I quote you on that? I plan on phoning SEC lawyers on Monday to make sure they are up to date on all of the SPNG lies and to let them know that if they do not move quickly, lawsuits will take all of the money out of this scam before it is able to pay any SEC fines and penalites.
If they do not file their very past due financials, SPNG will get revoked. So far, SPNG is more than 6 months late on their filings after promising investors the filings would be on time. .
sad to say but from my own experience on multiple levels concerning the sec i think your post is spot on re: SPNG
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-- that is why i don't set time lines .. or worry about where the pps goes .. i watch the volume and percentages done on SPNG over X no. of months .. the co. continues to exhibit at trade shows and put out new product via existing and new distributors .. to say nothing of having partnerships with entities most know better than to scoff at
none of us control anything here .. all we can do is interpret the data filed by the co. and the sec and base our decisions on them
mo, spng is still negotiating with the sec...the management is still trying to extricate themselves from as much liability as they can...and since the sec is weak and pretty much filled with imbeciles, they should do ok...i hear spng hired good lawyers..
wait! many on this board are claiming .. there is no settlement talks going on with the SEC because if the SEC has not filed on spng by now they never will