Replies to post #151492 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[overachiever]

That is going to be very difficult to do in the absence of a hefty reverse split. There are far too many shares outstanding right now.

Just because the SPNG clowns claim in a press release they plan to do something in the future isn't a good reason to assume it will ever get done. They have a well documented history of lying and deceiving.

"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."