Public companies get exploited by these GREEDY MF's. What's the point in being a publically traded company? Companies sell shares to fund their growth and don't expect to be misled by these criminals.
Bottom line per SEC Investors were cheated by Violations of registration provisions of the federal securities laws which are ILLEGAL based on similar cases filed by the SEC recently.
So your suggesting that everyone should ignore the facts of the spongetech case and focus on the unverifiable delusions of shareholders that lost there money in a scam?