The share structure of SPNGQ comprises ~2 billion counterfeit shares. In the same manner that counterfeit money that is seized can never be put back into circulation neither will the SEC allow the 2 billion countefeit SPNGQ shares to re-enter circulation via trading.
The SEC cannot allow new victims to buy any of the 2 billion counterfeit shares. Reasonable people should know that.
Either the BK Judge will cancel the entire equity of SPNGQ when all Court Proceedings are finalized or the SEC will revoke the registration of SPNGQ shares.
FWIW, it is not the SEC's fault as it is entirely the fault of Moskowitz, Metter, et al who created and sold the 2 billion counterfeit SPNG shares to thousands of victimized shareholders.
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
