Spongetech Delivery Systems, Inc. (fka SPNGQ)

[spongeboy]

A reverse split changes the CUISP number triggering a full accounting of all shares.

-----------------------------------------------------

Posted by: dumar Date: Wednesday, September 09, 2009 8:51:39 PM
In reply to: spongeboy who wrote msg# 191799 Post # of 191823 [Send a link via email]
why do we need a RS to expose a crazy NSS?
If the float is 500mil and they have shorted 6 bil shares do we really need to have an RS that shows an OS of 5 mil and a short of 60mil??????? its the same short position either way.....how does a RS help to expose it to a greater degree