Yeah, this PR was a major red flag to anyone with common sense and that doesn't have a short term memory. Once the PR was released last Friday, saying they had actually screwed all their faithful shareholders(bagholders soon) by INCREASING the A/S to 3 billion instead of reducing it to 500 million. Spongetech management is comprised of a bunch of dummies/idiots. They actually had a viable business and pissed it away on a scam by misleading their followers/shareholders.
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