Replies to post #151483 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[liable]

This is a very dangerous play as no one knows when they might wake up and find the stock suspended from trading due to incessant securities laws violations.

I hope that doesn't happen for everyone's sake, but that's the only reason I'm not trading it any more, it looks like a real possibility.

[Jandrsn21]

"SpongeTech® Delivery Systems, Inc., “The Smarter Sponge™”, (OTCBB: SPNG) is pleased to announce that the Company is taking action to amend its Articles of Incorporation to reduce the number of common shares that the Company has authorized to 900,000,000 (nine hundred million) shares. In addition, the Company has also begun the process to lower its outstanding shares to approximately 500,000,000 (five hundred million) shares."