Spongetech Delivery Systems, Inc. (fka SPNGQ)

[talbaine]

The issue is not that it can be split, I beleive the issue

is that it should be reduced by same same factor.

Example: pps reaches .08 the day before the reverse split

so using the AS the company could dish out 900 million more

shares at .08 = $72,000,000

Problem is that the day after the reverse split the pps is now

$8 so using the AS the company could dish out 900 million more

shares at a price of now $8 = $7,200,000,000 . . . yes thats

$7.2 billion