Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Karmasaur]

Stoxmagic, another interesting point I've been trying to get through:::


In the absolute, worst case scenario regarding the O/S ( 3 billion in line with the A/S),......the ENTIRE O/S could be "re-purchased" for $90 million at current levels,..........




PROFOUND, don't ya think!



The urge to prove that all "Wrongdoing" was in the best interest of the little guys, must be pretty strong when the SEC is watching.


$90 million for every single share.



Taking on a considerable debt would be absolutely ideal right now, (and perhaps even easy for a company with walmart distribution, etc.) if any "capital" issues are abound, and assuming it was for repurchase programs.