Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"Yea I didn't see a follow-up announcement, just noticed it still isn't trading and obviously still suspended. Just illustrating the difference in how the two companys were handled by the SEC with somewhat similar charges."

1. There wasn't a follow-up announcement because they CANNOT extend the suspension.
2. Both SPNG and SMAS were given 10 day suspensions. Period.

Based on that equal treatment I didn't look into the SMAS charges at all. I did note that SMAS showed a price of $.0001 before the suspension and shows a price of $.0001 now, AFTER the suspension.