Why did SpongeTech mention it in a lawsuit if it was a problem?
I did not say the dilution was a problem, I just said the dilution took place which counters the hype and belief that the O/S was going down. The argument was that shares being held were of a large quantity and were based on a stale reported share structure. My point was to illustrate that the stale structure could not be used as a basis for discussion since evidence since then disputes it's accuracy.
Furth. He had a legal action against him and his brother regarding penny stock share problems.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.