Overachiever. I have a question. Why do you continue to make statements like this: What are they gonna do a 1 to 50 reverse split, when you think the company is illegitimate anyways. You're under the impression that they won't even be trading by Aug 19 from the posts Ive read from you. Why would you legitimize the company by saying they are going to do something that only a actively trading company could do.
According to you the company will be shut down by then. How could they do a reverse split when trading the stock will be halted.
Here is the odd part about all this: Dicon sold sponges to SPNG and other entities. SPNG claims somethinkg like $7 million revenues/week. Now SPNG bought all these sponges from DICON wouldn't DICON have at least half of SPNG revenue = $3.5 million/week = $182 million? Why is it selling for only $4.5 million? Best case scenario: that would give SPNG a value of $9 million (after the acquisition), yet even if the OS were 722 million, SPNG has a market cap of $80 million 9x of the calculated value or 30 x the future market cap (based on A/S)