Replies to post #128950 on Spongetech Delivery Systems Inc (fka SPNGQ)

[ThePennyTrader]

bwog,

Ummm that is not erroneous. In order for a merger to be a "reverse merger" it must involve a private company and a public company.

Other wise it is just a "merger". If another company is bought wholy either public or private it is then called an acquisition.

[Fishforbreakfast]

Hello, Your correct.. I look for a Reverse Merger with a private Company that will eventually lead to a Nasdaq Listing.

I will let others spin this any way they like to..GLTA FFB-Fish

[crashman]

I have seen a lot of penny stock CEOs promise that there "never" be a reverse split (RS) or the a RS will "only be used to uplist". I wouldn't be surprised if SPNG shareholders see a RS in the near future. Probably another tactic to confuse shareholders about what the OS really is.