Replies to post #170757 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[z4lover]

and just think when the company buys back the 306 million RME shares at cost of .0039 cents a share.... lmao how much will that raise the valuation... Oh and the other 100 or so million of the shares that are held by rme being at a cost base of roughly .01-.02 cents...

these shares all being bought back at cost as the AR comes in... incredible... really...

[ID Supermoney]

there will be less than 500 million shares RME shares will be retired as they will pay back there loan.

They buy back 150 million shares as of end August.

That means about 150 million shares are outstanding.

REASON THEY want on NASDAQ

To get there need $4.00 shares or close to that.

$4.00 a share now with 500 milloin shares at market cap is

2 Billion dollars this is not that kind of company yet

$4,00 at 150 million shares is $600 million market cap that IS this COMPANY