Replies to post #304697 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[now invest]

THERE IS NO BASIS IN FACT THAT ANY LITIGATION WILL RESULT IN THIS... Unless you know the size of all the litigation and know the final RESULT.. IMPOSSIBLE to know at this time..

You are right in a way, when a litigation release hits, he will never be able to sell as it would only garner fractions of a penny

[puppydotcom]

from looking at past sec wells notices they run from 3 moths to 6 months on average .. depending on how many violations are involved
in one example it took about 3 months for the SEC to issue an OIP (Order Instituting Proceeding) for just 1 violation