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gr8lake

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gr8lake

Re: puppydotcom post# 251029

Sunday, 11/01/2009 2:00:48 PM

Sunday, November 01, 2009 2:00:48 PM

Post# of 346917
OK, I should have said Reverse Merge (R/M), not merge. Vanity only has 27,369,807 O/S as of Dec 31, 2008. In the R/M, an exchange of 25-30 SPNG shares for 1 VAEV (or new SpongeTech symbol) share would be completely feasible, and would accomplish the R/S SPNG wanted anyway. Dissolving SpongeTech would make no sense, except from a short position.
SpongeBath
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