Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Teflon2Insults]

No, not really.
As has been explained here about a zillion times over the years:
Those are accounting bookings done to balance or clear brokerage accounts.

For example - if your brokerage either agrees to clear it from your account (say by buying it for a few bucks - or many other methods) or you abandon your account (close it and don't take the issue with you - so it must be escheated), an accounting entry essentially is made to reflect it.

There are several other operational reasons it is done.

It is not a fair market or "seller-buyer" trade.