Spongetech and The SEC

I was not going to release this information but I feel it is only fair for the people to know that Spongetech is in fact being investigated by the SEC,,,

as you can see from the phrases contained in the emails below - "regarding this investigation" - "aspects of this investigation"

The SEC is collecting evidence. I was asked to burn to disc emails I had from several people and send it to the SEC. 

If you have any evidence you wish to share with the SEC concerning Spongetech I advise you to email it to this woman. She is a lawyer for the SEC and the person who called me. 

As you can see from the below emails she will not release any information about the investigation so make sure you include your phone number in your emails and maybe she will call you to discuss your evidence. 

______________________________

From:	Cain, Margaret A. (CAINM@SEC.GOV)
Sent:	Mon 6/01/09 12:48 PM
To:	?????????????@hotmail.com)

Mr. ???????:

 

Thank you for sending these emails and for speaking with us today. Regarding the additional emails, you may mail them to me at the following address: Margaret Cain, SEC, 100 F Street, N.E., Mail Stop 5546, Washington, D.C. 20549. You may burn them to a CD or you may print them out, whichever is easier for you.

 

Please feel free to contact me again with information regarding this investigation.

 

Sincerely,

Margaret Cain

____________________________

From:	Cain, Margaret A. (CAINM@SEC.GOV)
Sent:	Thu 6/04/09 9:22 AM
To:	???????????@hotmail.com)

Mr. ????????:

 

Thank you for your message.

 

As we discussed earlier this week, unfortunately I cannot discuss the aspects of this investigation (including who we communicate with) as the investigation is non-public. I appreciate your interest, but I am not at liberty to confirm or deny any information at this time. I do, however, appreciate the information you have provided and continue to provide the staff. It is very helpful.

 

Sincerely,

Margaret Cain

___________________________

You people can try and bash these emails as fakes all you want.

They are real.

I have chosen not to post M. Cain's work phone number. Once again I would advise you to include your phone number with your evidence and if the powers that be deem it so, maybe they will contact you. 

Any emails from management or from Doug Furth I am sure they would like to see. 

(and yeah Doug, we sent them the email exchange between you and Moskowitz concerning IRG,,,, the one that included the phrases  "You need to be honest with the shareholders" - "You need to stop lying to people" - "it is not legal")

You do remember that email exchange??? right Dougy????

To M. Cain,,,, sorry,,,, but this is War. 

Metter and Moskowitz are dirty and they need to be exposed.

They are getting rich at the expense of honest American citizens. 

And in cases like this,,, it is never the management that gets hurt,, it is the average American who ends up broke.

Maybe the Government can help us for once, instead of only helping the wealthy.

Thank You - Moe Speeks

Something That Made Me Say Hummmmmm...

According to Spongetech's chart used in their Noble Financial Equity Conference presentation, Spongetech claims that in a 9 month period ending 2/28/2009 they had -

• $31,000,000 in Revenue


• a 20 times increase in Revenue over the same YTD period


• 20% EBITDA


• Soaring Revenue and Profitability

Lets see what the Shareholders got -

• May 28, 2008 PPS closed @0.044 ---(peaked on June 9, 2008 @o.o56) - A/S = 420,000,000


• February 28, 2009 PPS closed @0.0126 ---(bottomed on March 16, 2009 @ 0.006) - A/S = 1,250,000,000 --- March  10, 2009 A/S = 1,555,000,000


• Over 190% Increase in Authorized Shares


• Over 70% Decrease in PPS

I really should make a new chart but why bother, this one is a real SPNG chart ending on March 16, 2009 @0.006 and it contains real A/S counts,,, The Facts are the Facts People, you can't deny them. During the above mentioned 9 month time period, the A/S rose and the PPS sank.

So let me get this straight -

Spongetech gets ---

• Increased Revenue 20% YOY for 9 month time period to $31,000,000


• A 20% EBITDA

Shareholders get ---

• Over 190% Increase in Authorized Shares


• Over 70% Decrease in PPS

Yeah, that sounds about right for Spongetech Delivery Systems, Inc.

Now all we need to do is to wait for the Reverse Spilt and we are Game, Set, Match!!!!!!

Another Impostor on Yahoo

I guess at this point I should be flattered, but I am not.

Another loser on the Yahoo Message Board is pretending to be me.

How sad.

I guess that just means that I am making a difference.

I guess that just means I am very effective in my campaign to spread the truth about Spongetech.

I guess that just means that I am right.

Thank You - Moe Speeks

Nice New FLUFF Press Release from Spongetech

SpongeTech Receives Initial Order from Costco

That is a swell headline until you read the full article.

As usual, Steven Moskowitz has decided not to put any actual figures in the release. 

No total sale amount, no dollar figures, no units ordered numbers, NO NOTHING!

But the article does talk a lot about Costco. How nice of you to now be advertising for Costco.

Like I said, FLUFF, nothing but FLUFF.

http://finance.yahoo.com/news/SpongeTechreg-Receives-bw-15424814.html?.v=1

I Had My Phone Call This Morning

I Had My Phone Call This Morning.

I am very pleased.

That is all I am going to say about that subject.

Thank You - Moe Speeks

A Very Interesting Development in the Spongetech Case

A Very Interesting Development in the Spongetech Case.

I cannot go into details as of just yet,, but I got a phone call from someone of serious interest 

to us truth seekers.

I was not able to speak to this person when they called but I have made contact and I left a message telling this person

that I was indeed very interested in speaking with her.

This person and myself will speak on Monday.

I am very excited.

Yahoo Board Update

It would seem that the latest rumor on the Yahoo Message Board is that I am posting under the ID - lirbyj. This is just more completely false information. The Paid Pumpers are still trying to undermine my efforts. This is due to the fact that I am very effective in getting the truth out there.

Please remember, I will only be posting on Yahoo under the ID - realmoespeeks,

If I ever post on Yahoo again. 

They are a disgusting bunch of thieves. 

Absolutely zero morals.

Thank You - Moe Speeks