Spongetech Delivery Systems, Inc. (fka SPNGQ)

[wadirum1]

Drew,

I think OT has proven that A/S is 965mm (or 900mm common) right now.

However, it doesn't follow that A/S will be reduced to 9.65mm post split. Indeed, I believe the 8K and PR are very clear that A/S will stay at 965mm post split (until and unless company changes it).

But that post-split A/S is just an attempt by mgt to shake loose some shares IMHO. Post-split A/S doesn't really matter -- it can be easily changed (as per Turner's post).

MY question pertained to what A/S is right now (and whether we were going to be under 900mm O/S prior to the split) -- which we must be.

Wadi