Replies to post #120063 on Spongetech Delivery Systems Inc (fka SPNGQ)

[z4lover]

I didn't say they did it to buy back shares...

I said that in the past they have raised the AS while buying back shares.. there is a big difference..

I urge you to go and track the share count vs the AS... You will see that even after the company raised the AS they lowered the OS...

OS went from 1.24 billion to 722 million...

133 million shares to be retired next (if they haven't been already)...