stoxmagic thanks for the indirect reply and summary.
I took note of the fact in your own words, they have not ruled out a reverse split. All my other detractors should find your words as my rebuttal.
An outside board is a requirement, I suggest you take the 10 seconds to look up the sarbaines law. And you can not provide me a list of the current board becasue it's not listed anywhere. A SEC form 14 or proxy is where I would see such a list but there isn't one filed.
You bash me for suggesting a symbol change but skipped over the same issue would apply if they were listed on the NASDAQ. Both of which (reverse or uplist) is not a big deal to retain the ticker.
A statement that there was a Meeting with the NASDAQ is the only thing you have. Because SPNG has not provided the stockholders with any formal document whatsovever. I can provide lots of examples of stock manipliation on the NASDAQ. SIRI being my favorite. Changing boards won't stop it. The purpose of an uplisting and a stock price over $5 is to get the steady hands of instutions.