Spongetech Delivery Systems Inc (fka SPNGQ)

[1jk1]

tpt,Let’s just say that you own a company and your float is 200 mil. Your pps is .08 your product starts to sell big time and you’re making money to the tune of at least 50 mil per year. The next thing you know someone has been buying up your shares and now they own your company for the cheep price of 16 mil. You need to understand the difference between float and reserve. The increase in the total number of shares is a necessity to prevent this from happening. (Posted from another board,makes sense.) glta Don't shoot the messenger