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xDREWx

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xDREWx

Re: talbaine post# 189325

Tuesday, 09/08/2009 4:57:38 PM

Tuesday, September 08, 2009 4:57:38 PM

Post# of 346921
Yes, you are missing something. They approved a decrease in SpongeTech's authorized capital (but we already know it because of Delaware - they are just alerting everyone here).

Think of it like this. You still think they have 2.5Billion authorized (like they did a few weeks ago) and now they are going to have a reverse split and also voted to reduce the AS to 900million.

See?

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