Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

Jay,

The SC 13D clearly delineates…

'If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box x .'

Noting the 'x'. Box checked.

And from Part/Section 240.13d-1(f) of the General Rules and Regulations, Securities Exchange Act of 1934…

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(f)(1) Notwithstanding paragraph (c) of this section and §240.13d–2(b), persons reporting on Schedule 13G (§240.13d–102) pursuant to paragraph (c) of this section shall immediately become subject to §§240.13d–1(a) and 240.13d–2(a) and shall remain subject to those requirements for so long as, and shall file a statement on Schedule 13D (§240.13d–101) within 10 days of the date on which, the person's beneficial ownership equals or exceeds 20 percent of the class of equity securities.

(2) From the time of the acquisition of 20 percent or more of the class of equity securities until the expiration of the tenth day from the date of the filing of the Schedule 13D (§240.13d–101) pursuant to this section, the person shall not:

(i) Vote or direct the voting of the securities described therein, or

(ii) Acquire an additional beneficial ownership interest in any equity securities of the issuer of the securities, nor of any person controlling the issuer.

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And the entirety of Part/Section 240.13d-1...

http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&sid=3970931693520ffa3652e290a2108dba&rgn=div8&view=text&node=17:3.0.1.1.1.2.77.173&idno=17

The SC 13G reflecting…

'Collectively, the Reporting Persons beneficial ownership of 142,000,000 shares of Common Stock represents 19.6% of all of the outstanding shares of Common Stock.'

[ 19.6% ]

The SC 13D reflecting…

'Collectively, the Reporting Persons beneficially own 145,570,000 representing 20.1% of the outstanding shares of Common Stock.'

[ 20.1% ]

And additionally…

'The Reporting Persons acquired the shares of Common Stock for investment purposes in the ordinary course of business.'

The whole of the situation being straightforward enough. An astute collective investment based on ongoing constructive dialogue as talked about. Loading up at lowest possible cost. Timeliness. All hell about to break loose. Market level soaring!

Once the big picture emerges in full?

Worthwhile analytical coverage will soar. Reuters Company Research and a whole host additional.

The smartest approach, at this juncture, being to focus on institutional level monies. Monies to, very soon, start flooding in. The retail contingent being the least of it. With retail alone having taken market level to our interim High of $0.2851. And under far different share structure numbers circumstance than is the current welcome reality. Not to mention the fundamental and operational advancement otherwise. Inclusive of the 100% acquisition of Dicon in July.

The big money folks.

Completion of due diligence.

Golden stamp of approval.

Golden ground floor opportunity.

A whole host of welcome surprises in the offing.

No shortage of SPNG millionaire$ in the making being what we're talking about.

Massive ROI.

The dollar$ variety.

Watching and learning.