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Article: SpongeTech[R] Delivery Systems, Inc. and GetFugu, Inc. Reach Amicable Accord.
- Article from:
- Business Wire
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Litigation Dismissed
NEW YORK -- SpongeTech[R] Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge[TM]", (OTC: SPNG), provides shareholders an update regarding its dispute with GetFugu, Inc. (OTCBB: GFGU). Both companies have come to terms on the original investment of $1,750,000 that was advanced by SpongeTech and its affiliates back in September. Management of both SpongeTech and GetFugu feel it is in the best interest of both parties to move forward in good faith for the mutual benefit of the companies and their respective shareholders. The aforementioned lawsuit will be dismissed and SpongeTech will proceed with their investment, which will immediately ...
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Article: SpongeTech(R) Delivery Systems, Inc. ...
U.S. Newswire;
August 20, 2008 ;
700+ words
... ... Relations: Bill Young of SpongeTech(R) Delivery Systems, Inc., +1-877 ... Relations Group for SpongeTech(R) Delivery Systems, Inc., +1-212 ... Relations Group for SpongeTech(R) Delivery Systems, Inc., +1-212 ...
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