Spongetech Delivery Systems, Inc. (fka SPNGQ)

[PennStateMtnMan]

So, the MOASS won't happen anytime soon unless they announce some type of dividend or split. I don't think they will do a forward split when they are trying to retire a boat load of stocks. The same goes for a reverse split, I don't think they want to hurt the perception of the company with a reverse split.

I don't think they will merger any time soon. I believe they have to have the stocks around 4 dollars to be listed on the NASDAQ. I am not sure why they would change their CUSIP number.

I think the only way is for it to have a dividend. Is the company in any type of financial position to offer a dividend to all the shareholders? Even if it is a penny dividend, that would be an expensive endevour.