Replies to post #330403 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

You are preaching to the choir.
In the post that you replied to I said:
"The one thing that Spongetech and REFCO had in common, and it is the cause of their bankruptcy and all bankruptcies, was a lack of liquidity due to inadequate cash flows from their operations." ???

I understand the bankruptcy concept.