Replies to post #191574 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[pragmatist]

Exactly. In the same press release a while back they said their intended goal was to have 900 million AS and 500 million OS. Now after a 1-to-100 reverse split they are going to have 900 million AS post split. By their own admission in the same press release they said their goal was to 500 million OS. 500 million shares post split is the equivalent of 50 billion at today's price.