Replies to post #314027 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Christy from Google]

Thats not my understanding. Every SEC investigation has an IRS agent assigned, for questions and whatnot. Not a statutory "IRS audit notice", or anything like that; but a "phone number", in case anything comes up during the investigation.

[Christy from Google]

Answered this months ago for you Harvard. Its a big N/A. I guess you forgot already. Reread 121 and the 10k again. Way off base Sir.

IMO its a three year amortization of their comp package, on the date they had "construction reciept" (2008 ~ 2010) and fully taxable to them individually in 2008. Just not material.

But the inter workings of RME is a HUGE mystery. So who really knows. It appears to me an IRS agent would have a "field-day" with RME. I wouldn't be surprised if the SEC referred RME, Mosky and Metter to the IRS clowns. "Construction Receipt" is a Bitch. That Class B stock could be interesting. But like I said previously,

The 10Ks, a few 10Qs and a shareholder letter would be nice. Not to much to ask. I'm JUST a shareholder.