Thank you.
Kind words appreciated.
PM...
You're welcome.
And right back at you.
All the best.
Kij…
The filing is expected to be posted today. Latest word.
Bill…
A line drawn in the sand.
September 22.
And recalling the loss of shareholder value from the point of $0.2851. The talk of fiduciary duty. Of management being obligated to do shareholders no harm. To not only build value but to preserve the pre-existing such. The fervent call for the inside to formally address the twisting of reality routine. To not sit on their collective hands while market level succumbed to the ongoing lies and deceit/distortion.
And?
Well, only to have the September 20th PR hit the wires. Telling of the inside and massive purchases for personal accounts via the open market.
The inside having advantaged the goings-on.
A method in the madness. Seeming madness. Sitting on those hands for good reason. An ever-tightening float situation.
Who knew?
And now a line in the sand.
The post-split reality sending cold shivers down watery spines.
The phantom float far exceeding the legitimate such. Hugely exceeding the free trading portion.
Not a difficult concept.
Once the buy-side fireworks get seriously underway?
Our registered MM's will play massively into the order flow.
A massive breakout resulting.
September 22.
Holding tight.
Kevin, et al….
There being extremely good reason why management presented the BUYINS PR when they did. Drawing folks' attention. The sending of a message.
And recalling…
"The answers being always in the details. And stringing those answers together one arrives at the big picture. The view from the inside."
Brian…
With Deloitte's assistance the uplisting will be expedited. America's Cleaning Company becoming, in all likelihood, an NCM component within four weeks of the Listing Application being submitted.
A clean start. No baggage.
The coming squeeze seeing market level advance in line with the availability of shares. Supply and demand dynamics. The post-split pps potentially lending itself ideally to either a significant forward split or declaration of a significant stock dividend.
The ideal scenario.
All of it dependent upon the pps outcome of the coming squeeze.
Jason...
A need of bearing in mind the earlier example I presented in response to a request made of me, by a certain party among us, at a time of controversy.
And recalling…
"Then-IBCX being as outlined above. Morphing into Three Sixty, Inc./TSXT. Complete with a 1:1,000 split. From $0.0001 to $0.10. And on to $1.00 thereafter."
And why on to $1.00?
As opposed to the post-split retrace typical?
And courtesy of the atypical. The fact of no self-defeating dilutive activities. The fact of company CEO being hugely competent on the forward periods picture front.
Getting the job done and spelling it all out.
The same reasons why I, and numerous clear-thinking others, welcome the current goings-on.
And from company FAQ...
'Why has SpongeTech® Delivery Systems effected the reverse stock split?'
'The purpose of the reverse stock split is to increase the per share market price of SpongeTech® stock, enabling it to qualify for a listing on NASDAQ, which SpongeTech® believes is in the best interests of all shareholders. SpongeTech® believes that the reverse stock split will also enhance the desirability and marketability of SpongeTech® common stock to the financial community and investment public. In addition, SpongeTech® believes it will help mitigate the reluctance of certain brokers and investors to trade in SpongeTech® common stock at pre-reverse split prices.'
[ enhance the desirability and marketability of SpongeTech® common stock ]
[ mitigate the reluctance of certain brokers and investors to trade in SpongeTech® common stock at pre-reverse split prices ]
September 22.
The post-split/pre-uplisting period telling the story. A time when the Reuters rating of Outperform proves up.
The coming filing facilitating completion of called-for due diligence.
The Q1/'10 picture factored in.
Forward periods picture additionally.
The past. The present. The future.
And how about the September gross revenues picture to date?
How do you suppose that's shaping up?
And yet another record in the making?
Holding tight.
And all the best.
To all.
