Company going out of business, SEC to stop it's stock trading, a pure scam. No hope no way out for Spongetech, it's over.
Yet, the company is still acquiring NEW ad clients and coming out with new products (maybe a little lame) but are new.
It can't be to dump additional stock on the market because after the 20, the stock wouldn't be trading.
Sure not acting like a company that is on the brink of death.