Spongetech Delivery Systems, Inc. (fka SPNGQ)

[ID Supermoney]

OK then as I understand it? If the market cap pre split was
100 million with O/S say 200 million that means the share price at 0.50$ wilth float 100 million. Post split it would be market cap of O/S 2 million and float 1 million with share price of $50.00.

Then it stands to reason if I were NSS to buy my shares back now rather than later. Because as Price of market cap goes up pre split, the price to buy a share post split becomes larger.

And it becomes hader to exchange a share after cuspid because

1) there are fewer shares to buy from to exchange a bad share to a good one.

2) and less likely to short if the price goes up

ie. Increase price to 1.00$ pre
means post $100.00

If I was NSS I would be buying like heck to cover pre split than post split because the shares post split are worth less than post split

Makes sense!!

Waiting for your reply Thank you