Replies to post #189836 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Jandrsn21]

"coincidence that the r/s was announced after the buyback ended?"

Am I the only one excited about this?

No Float + No way to cover = squeeze.

Am I missing something here!?

[Fire Lane]

no, you will give me 1 and 2 as I used the companies words so we do know that the company intends to dilute the OS by a factor of at least 20x

"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. "