Replies to post #191930 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Soapy Bubbles]

So... if someone FS's a stock, the AS shrinks? LOL.

[huggarags]

OMG If you want to know call the Del. SOS

[xDREWx]

You've made your point. You're wrong. There's a lot to the RS to be unhappy about, but this is just misinformation.

[Revenger]

I dont know what your problem with reading is. You are still incorrect but I guess you dont care to learn or understand the truth.

The AS is not affected by a RS. Only the OS is. Thats why it is a seperate ammedment to the filing. Its not hard to understand if you take 1 minute to read about it.

[Cable Dawg Crew]

could there really be 90 billion shares of spng....this aint right...

[txwatcher91]

No thats not right, the A/S is NOT, I repeat NOT, affected by a R/S. Management is choosing to reduce the A/S after the split, which is the opposite of dilution. Now if this was the outstanding shares, then yes you would be right. But the A/S shares are NOT affected by a R/S, only management chooses to reduce or raise this number, and they are CHOOSING to reduce it.