Replies to post #170980 on Spongetech Delivery Systems Inc (fka SPNGQ)

[SirZ]

If SPNG were to uplist without a reverse merger they would be a new listing, thus a $4 share price is required.

A $1 continuation pps only applies if they do a reverse merger.

I am aware Nasdaq can make exceptions, but the rule is for $4 if they do not make prior arrangements.