Spongetech Delivery Systems, Inc. (fka SPNGQ)

[fxchat]

300mln authorised is still abit too high dun u think?

Counting that the reverse split would convert all our shares to only 7mln shares.

Cmon METTER< wake up ur idea. You want 300mln shares and issue at $20 to make $6bln? lol.... Is SPNG going to be a super big company that it warrants $6bln?

I think Metter is doing this to lower the stock price and so they can complete their buyback which they have not finished doing so perhaps.