Replies to post #325512 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Tavycal]

1. what is the intrinsic value of SPNG
----0----- Dicon, Licensing Agreement with HHBrown
----0----- Licensing Agreements with Viacom, Marvel, Disney, etc
----0----- Retail Outlets & Sales
----0----- Plant, facilities & equipment
----0----- Warehouse, facilities & equipment
----0----- add anything that I may have left out
----?----- Liabilities .. business
----?----- Liabilities ... Legal

[puppydotcom]

not going to happen ... too late, the insiders have killed your dream ..

Dicon is in BK .. and the SEC will get the receiver appointed for spng .. who will also file BK ..

as soon as the SEC, FBI and the judge finds out about the BK filing and forged mark (considered to be the signature) of the lawyer .. poopie de poop will hit the fan .. and it will all land on Mosky

[alien42]

why make assumptions when you do not have the facts!??

his 'assumptions' have been 100% correct about this scam for the past year which indeed makes them fact.

it is the 'assumptions' of the stuckholders that have been 100% incorrect for the past year.

[patchman]

1. what is the intrinsic value of SPNG
--------- Dicon, Licensing Agreement with HHBrown That agreement is null in the bankruptcy and a new agreement would be required of new operators. No guarantee that will ever happen.
--------- Licensing Agreements with Viacom, Marvel, Disney, etc They are only as good as the product you can sell. To date, those sales, with all that advertising, is nominal at best. Not enough to turn a profit at the Spongetech level.
--------- Retail Outlets & Sales How has that worked out will all that free advertising? Take away Spongetech longs and Spongetech buying out their own products, what really do you have?
--------- Plant, facilities & equipment. Bankrupt. Don't think they walk away with a fully clean slate and workers wanting to come back without a cost associated with it. Can't stiff them on past paychecks and then think they will come back running. That Plant was operating at a loss.
--------- Warehouse, facilities & equipment Really. where and at what value?
--------- add anything that I may have left out
--------- Liabilities .. business --- Huge
--------- Liabilities ... Legal --- Even bigger.

2. what is the OS ..after a forensic audit. 3 Billion. Spongetech and Transfer Agent have both said the same.

3. Write up a business plan. Find an investor first. business plan for Dicon has never been profitable. Berkshire cut their ties based on failing business plan. Spongetech sponges were high priced novelties with limited interest.