Replies to post #186300 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[happyguy72]

they just announced fy10 q1 booked orders at ~ $70mm...

but a $60mm current market cap is logical??

[OldTymer]

ogczar, okay, fair enough. Like wuyanks said earlier, anything is possible. Guess we'll wait and see what your broker says.

[mythreeesons1]

300,000,000 mil shares/ Where does that come from.

[fourkids_9pets]

one thing i'd like to remind folks
is that with a massive NSS position in it

odds are spng won't *show* a true market cap
for some time to come ~ if i had to do a WAG ... i'd
say it may not come to pass till a month or so after
uplisting to the naz ~ if then

unless of course the SEC doesn't dither and auto
implements Senator Kaufman's *suggestion* re: every
legal share *borrowed* for a legal short .. has to be
tagged .. id'd and tracked ~ i'd say that possibility
is still at least 6 months out

--
4kids
all jmo

[no_BS_plz]

Oh my Lord, no offense dude, but a 1:100 split has no initial affect on market capw hatsoever.

divide # shares by 100, but mulitply SP x 100 = 3M x $200, not $20, and still $600M market cap.

I hope you are just a relatively new investor trying to sort things out, because otherwise this may qualify as the worst case of bashing in history.

[ogczar]

I was pretty close in estimating 300,000,000 shares on the fifth!