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Re: stoxmagic post# 175093

Thursday, 08/27/2009 5:39:37 AM

Thursday, August 27, 2009 5:39:37 AM

Post# of 346919
stoxmagic thanks for the indirect reply and summary.

I took note of the fact in your own words, they have not ruled out a reverse split. All my other detractors should find your words as my rebuttal.

An outside board is a requirement, I suggest you take the 10 seconds to look up the sarbaines law.
And you can not provide me a list of the current board becasue it's not listed anywhere. A SEC form 14 or proxy is where I would see such a list but there isn't one filed.

You bash me for suggesting a symbol change but skipped over the same issue would apply if they were listed on the NASDAQ.
Both of which (reverse or uplist) is not a big deal to retain the ticker.

A statement that there was a Meeting with the NASDAQ is the only thing you have. Because SPNG has not provided the stockholders with any formal document whatsovever.
I can provide lots of examples of stock manipliation on the NASDAQ. SIRI being my favorite. Changing boards won't stop it.
The purpose of an uplisting and a stock price over $5 is to get the steady hands of instutions.


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