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Renee

04/18/13 9:16 AM

#341368 RE: starfire #341367

The DTC Global Lock was placed on SPNG(Q) because the company was selling shares that were illegally exempted from registration by Spongetech's lawyer, who pleaded guilty to the securities violation(s).

Spongetech illegally exempted from registration approximately 2 billion shares, *** I forget the actual amount.