Replies to post #323234 on Spongetech Delivery Systems Inc (fka SPNGQ)

[patchman]

leucro.

Does SPNG turn a profit? Having a company operational but operational at a loss benefits no-one. They have huge debts as it is and 3 Billion O/S. Raising capital will be near impossible so who pays for the losses? By your theory, the debts can only be paid off profits made and there are NONE. If they pay down their debts with sales money, how do they pay the labor or how do they pay for the other expenses required to sell?

Come on man, lets see you actually lay out a plan that is successful for all.

[underdog150]

leucro an hoggey1, what is it you don't see about SPNG the scam?
Please read these PR headlines from last summer, then try to
come up with a post that supports this stock.
$55 million in gross sales or booked orders claimed by SPNG, and $1.3 million in actual sales as witnessed in the filing by SPNG's
paid report.
Of course this only covers 3 months of lying PR's as the company was being investigated by the SEC starting on 9/6/09. I can only
imagine the revenue #s they would have stated if they were allowed
to continue past last September.

SpongeTech® Delivery Systems, Inc. Announces Estimated Gross Revenues for Fiscal Year 2009 Exceeding $50 Million
6/9/09 | Business Wire
SpongeTech® Delivery Systems, Inc. Reports Record Month in Orders
for June, $18 million
6/29/09 | Business Wire
SpongeTech® Delivery Systems, Inc. Reports $23.5 Million in Orders for the Month of July
7/31/09 | Business Wire
SpongeTech® Delivery Systems, Inc. Reports $13.5 Million in Orders for the Month of August to Date
8/17/09 | Business Wire
I

[SteveF]

Those are all allegations yet to be proven in the court of law.

And Mosky pled the 5th in all of his responses because, you know, that'll show 'em!