Replies to post #328098 on Spongetech Delivery Systems Inc (fka SPNGQ)

[starfire]

patchman, why is the SEC keeping the Broker Dealer interaction confidential?? Are they keeping it for a rainy day in the court?? Don't you think a deposition of the broker and filing it would provide support for their allegations?? This is serious stuff..SEC and the DOJ dove tailing the SEC.....these guys want to hammer M & M but their filings are really something far from real!!!

[cowtown jay]

I understand that Pike now has most of his certs. And apparently, so does the company. Hundreds of millions of shares, and no resultant reappearance on the RegSho threshhold list.

My concern with the share issuance log appearing on the web is that

1. it was leaked...

2. WHEN it was leaked.

You have confirmed that the broker who discovered the discrepant opinion letters met twice with the SEC? Who was it at the SEC who confirmed that for you? A few of us might want to relay your source's name to the OIG.

And wasn't Pensley putting HIS career at risk by going to the SEC, as the broker did? Did that preclude Pensley from making "misstatements?"

So if Pensley lied, and the TA inappropriately released the share issuance list immediately after the certs were issued, which were pin-pointed by the SEC Complaint, you don't think that that type of collusion could have any bearing on the bottom line?

Bedtime for me, David. Have a good day.