Spongetech Delivery Systems Inc (fka SPNGQ)

[Sheep]

Interesting that they stopped the R/S because it would not have been in the best interests of our shareholder. If they are working for our best interest, then that is all I care about.



CEO Michael Metter said, “We originally planned for the reverse stock split to take effect after the filing of our Form 10-K for fiscal 2009 to give our shareholders the opportunity to evaluate our financial performance and growth prospects first. In light of the delay in filing, we have decided that to proceed with the reverse stock split would not be in the best interests of our shareholder