Spongetech Delivery Systems Inc (fka SPNGQ)

[Spinosaurus]

risk54: I like your numbers. However, mgmt. said O/S to be reduced to 500 mil. by 10K time. Then, there is talk of a 50% stock dividend which would act to increase the O/S back to 750 mil. Of course advantages/benefits in the extra 1 share for every 2 shares would out weigh any increase in O/S. But as a result of share div. your calculations would have to be adjusted. The 50% stock div. the perfect tool to create the short squeeze of NSS.