Spongetech Delivery Systems Inc (fka SPNGQ)

[Soapy Bubbles]

OK. Math.

If you have a PPS of $1 at about 15M shares, your market cap is low considering this year alone. At $4, you have a 60M cap, lower than revs this year. Thus the measure of 10-20M is an incorrect capitalization and flawed argument.

But if you have 50c at 200M (Once all is said and done w/ RME retirements), then you're on the cap thus far. Now I'll leave you to think about this.