Spongetech Delivery Systems Inc (fka SPNGQ)

[BMK]

They do not have to file if on pinks or greys, correct?

Maybe SEC is not de-registering due to disgorgements owed to shareholders. Maybe more disgorged monies to come and will be distributed to shareholders by SEC.

There was also a lot of questions regarding issued, outstanding, and authorized, correct? There have been a few cases lately where disgorgement from short sellers, especially those buffoons who played resets and other option plays deep in the money to make it appear like their short sells were covered.

Could be SEC has been told to check everything...selling restricted shares by officers, phony revenues, and maybe the possibility of short selling too. Weren't they on FTD list for several months before being suspended?

They also could be checking all those T-Trades during the height of the corrupt trading. Maybe even who has been doing the trading during the global lockdown...

Who knows what goes on behind the scenes.