Spongetech Delivery Systems Inc (fka SPNGQ)

[Nadar]

How can company activate short covering? I believe like you do that the shorts would have to buy a legit share to fully cover otherwise it would be endless.
If SPNG and others in a group would own all issued shares then they could issue a dividend with the agreeement to give it all back to SPNG.
No cost to company only to the shorts who would have to pay out on ever shorted share.
The company could continue to issue dividends (every week?) and the shorts would have to keep paying out, endlessly. I don't know if this plan has ever happened.
And like Z4lover said if the company holds more shares over total then they would make a profit on ever dividend issued.
We all need to see some plan like this happen once to help all, without going to the certificate route.

I had to buy some at close today, habit!

Nadar