I came to a similar conclusion. Is it really even their place to care about us? I mean if the float is officially owned, certificates and all, by a group of less than 30 people, is it there job to be held accountable or answer for the 75,000 shareholders holding phantom shares? Are we really "shareholders" if we hold fake stock, in the eyes of the company? Its an interesting question, and just one of the many sickening things about the DTCC and its phantom share program. Basically the naked shorts, the DTC, and the Market makers all facilitated the counterfeiting of stock, and I really don’t know if MGMT has to give a blank about us. We more so I guess are lucky we are riding their coattails, and have to hope they go out of their way to help us out. We are of no importance to them, if all retail sold ever single share, MGMT couldn’t care less, they know the real shares are all owned, we are nothing but getting a free ride? Although I think MGMT should remember a lot of us have supported the company in buying their products, advertising their products, and doing everything we can to help their sales. I personally stop in stores all the time, make phone calls, and ask for spongetech products.
My only issue at this point is time, I just wish they would get ball rolling, but I guess that doesn't matter. No pressure from us can be placed on MGMT that matters, its gotta be the DTC, FINRA, and the SEC, as they are the ones that have caused this massive mess. To simplify, we are not shareholders in MGMT's eyes, because we don't own real shares, however we are shareholders in the eyes of FINRA, DTC, and the SEC, because they're mistakes are responsible for us owning counterfeit shares. So people need to focus energy on contacting FINRA, DTC, and the SEC, not the company.
AI
