Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

what does being a 33 Act company mean, to anybody? that our securities are registered and there is a prospectus and that material information about the company and management has been filed with the SEC. the point i was trying to make with mingy was in regards to mingy's question, "are we really even shareholders"? i thought it would be an interesting legal issue to discover that we crossed the 34 Act threshhold of 500 shareholders simply from the purchases of counterfeit shares.

basically, could the company, or any company, be held to 34 Act standards by actions other than their own?