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Replies to post #304916 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

Replies to #304916 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

puppydotcom

04/01/10 1:15 PM

#304940 RE: mem22 #304916

I agree that no 10k is unacceptable but it does not mean revocation is comeing any day. Many companys do not report for years before revocation proceding start.

they also did not have a wells notice with SEC violations for failure to file ..

Mo-John

04/01/10 7:57 PM

#305062 RE: mem22 #304916

revocation or not - that is amost not relavent. The stock is "dead wood" until management cleans up its act (no pun intended). Lets say, just for agruments sake, revocation is an impossiblity... does SPNG become a buying opportunity? The answer is NO! The basic fundamental have NOT changed. Which no 10K, no credible, audited, information from management todate. Stock remains "dead wood".