Replies to post #333812 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[big lug]

Yes because "others" ride on the coattails of the criminal activity and get a share of the take (and I'm not saying the riders were doing anything criminal or even aware there was criminal activity occurring).
If the criminal activity never occurred there would not have been this great transfer of wealth. Even the government made out by getting the additional tax revenue from the capital gains.

[Achillez]

Thanks David. I get what you are saying, but even your coservative answer leaves me to believe money will be left over... 500 million shares at $.10 = $50M. That still is plenty of money to pay creditors and have some paid back to those injured in the fraud... And that 500 million sold is a conservative number most likely. They were stating they had 722 million shares outstanding but instead had nearly 3 billion, which means they most likely sold more than 500 million illegally into the market. Which also means there should be at the very least $50 million made in this scam that is ordered for disgorgement....the only trick will be to find out much they actually made and then be able to track all of it through numerous entities/accounts both domestic and foreign as the M and M boys were trying to wash that money clean.