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overachiever

05/07/10 4:44 PM

#317428 RE: Jim Bishop #317427

I think SPNG was able to rip off more money. CMKX was only an 85 million dollar swindle. I believe SPNG was on the order of as high as 150 to 200 million.
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SIIX

05/07/10 6:03 PM

#317452 RE: Jim Bishop #317427

"Mr. Bomart" The imaginary friend with benefits lol..

Mr. Moskowitz fired SpongeTech’s stock transfer agent when it demanded a meeting with Mr. Bomart.



If the government accusations are correct, then the company should rank as among the most aggressive penny-stock frauds ever.



http://dealbook.blogs.nytimes.com/2010/05/06/s-e-c-charges-spongetech-with-fraud/?src=busln