Replies to post #327584 on Spongetech Delivery Systems Inc (fka SPNGQ)

[puppydotcom]

the rats continue to spin and spin and spin ...lol

[OldTymer]

scion, I already knew he didn't. Why? Because...

IT WAS YOU! I'd know that handwritting anywhere! lol.

[pantherj]

What the heck is this guy doing or trying to do? geesh! Pick a story and stick to it already!!

[cowtown jay]

Hello, scion

This is exactly the subject I have been discussing for the past several days, starting with this thread.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52666206

The bottom line is that Pensley's testimony to the SEC, during their investigation, is, in part, what lead the Commission to ultimately issue the Wells Notices, and then to issue the Complaint.

Now, the credibility of that testimony is refuted. As I believed, and so stated, that it would be almost a year ago.

I also expect evidence as to the number of Outstanding Shares is likewise flawed. Upon being advised by counsel that the reported number was 2.99 billion+ OS, the statement Steve made in his February affidavit indicated that he was "inexplicably advised" of this OS total.

http://investigatethesec.com/drupal-5.5/files/Spongetech.JPG

A company that is as much a sham as SpongeTech is alleged to be, should have enabled the SEC and FBI to obtain much more solid evidence. And the fact that the evidence is as tainted as it is, only supports the contention of many shareholders that there are external forces at work against the success of this company.

[big lug]

AMAZING!

Pensley now claims, for the first time, that he never authored any of the opinion letters.

Doc 106 PDF file
viewer.zoho.com/docs/zavsa

What's next in this crazy "Soap Opera?"

Big Lug