Important thought, read. Great Albus thanks for clearing that up. I just had an interesting thought, you bring up that Spongetech could face a hearing regarding recocation of its registration to be a publicly traded company. This is actually really scary, because the more time that passes with no 10k, obviously the chances get higher and higher, this happens. What if FINRA and the DTCC were holding up SPONGETECH from filling, asking them questions, delaying, dragging their feet, all to stall. In the meantime the SEC is saying take your time with FINRA and DTC, your okay. Then perfectly planned and coordinated, the SEC swoops in, and revokes trading for lack of filling? Completely stabbing, sure it would be unfair and total BS, but hey, the game is stacked against the little guy
Wow, would this not be a huge out for shorty and the short exposed MM's? Would this not solve his short position? Or at least delay his day of recokening quite a bit, perhaps over a year? Wow, scarying thought. If we got revocted, we wouldn't be able to get our money would we. Interesting.
I would imagine shorty, the MM's, and anyone with exposure is lobbying the SEC hardcore to get this hearing underway. I don't doubt that one bit, all behind the scenes too.
ekkk.
AI
