Spongetech Delivery Systems, Inc. (fka SPNGQ)

[happyguy72]

right.... bmas is buying... which means.... at some point they must TAKE DELIVERY on shares....

if they are buying air shares.... how are they taking delivery??

Failure To Deliver must be reported by someone... certainly the reporting is NOT done by the seller ie: hey, sec... we sold these shares, but we didn't send them to the buyer (nanee, nanee, boo, boo...lol)... it would be done by the buyer.... ie... bmas would say... we bought 80mm shares from nite and they did not deliver those shares within 3 days....

Is BMAS REQUIRED to stand up EVERY time they did not receive the shares?? or can they wait until they are ready with 10's of millions of UN-received shares...??

sorry for the lack of clarity... trying to get my head around this...