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grongron50

02/10/11 1:44 PM

#332796 RE: KLee #332792

1. The management of this company financially pillaged the shareholders. (allegations, no proof)... most of us have seen enough to make an informed judgement.

2. The company (Spongetech) is worth less than nothing and is therefore being shut down. Shareholders will get nothing from it. (your opinion, the shell is an asset that could be sold.)...nope, not my opinion. The Trustee, who knows far more about the situation than you or me, has made this determination.

3. The ticker (SPNGQ) is a toxic shell and anyone who is foolish enough to buy into it deserves exactly what they get, when they could simply select another shell without all the baggage. (So if a shareholder doesn't agree with you, that makes them "deserving" of what they get?)... Yes, if a shareholder chooses to acquire this shell, knowing the history, he/she deserves exactly what he/she gets.

Those things are the truth whether you choose to accept them or not. (I choose not to accept "your" truth)...I knew that.