Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Risicare]

The truth; there really is no difference in the stocks performance with any kind of split at all. The benefits of a split or reverse split is entirely internal to the company, and indirectly significant by exploiting the novice traders lack of education on the subject, so general perception.


Yep suckers hold on then get wiped out as they issue more shares after the split.


The truth; there really is no difference in the stocks performance with any kind of split at all.

9 times out of ten the stock tanks on a reverse split as it is done to dump shares as this one is, they are not uplisting they cannot even file the 10-K LOL Although the reverse is not as much too worry about as the coming indictments.