Spongetech Delivery Systems Inc (fka SPNGQ)

[wadirum1]

DG,

It WOULD be a squeeze. You could sell at any lower price and any remaining shares you held would be in a company with monster capitalization -- all squeezed out of the shorts.

Heck, what if they just wanted to be able to put out a secondary offering for 2B shares at $10. That way you could decide whether you wanted to bail at $9.90 or hang on to see what life is like in a stock with billions in cash... They would need to have adequate A/S room to implement such a plan.

My personal guess is that SM just wanted to shake some shareholders loose to facilitate buybacks. But this other notion intrigued me enough to post it and see what others thought.

Wadi