Spongetech Delivery Systems, Inc. (fka SPNGQ)

[rdailey4]

You misunderstood what I was saying, or I wrote it badly.

I have 3 mil shares at original cost of .02 per share for a total investment of $60,000.

If the current price is .20, then after the split I would have 30K shares at $20 per share for a total of $600K. All of that is correct as you say.

What I was saying though is that when I got in at .02 I figured that if the stock went to $5 then I would make $15 mil for a profit of $4,940,000

But after the split if it goes up $5 then my increase in worth would only go up $150k.

I may have stated it wrong, but this is what I was saying.