Replies to post #196258 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[wadirum1]

They wouldn't need a 1:100 RS to accomplish the merger you described. The merger terms could amount to the same (100 SPNG shares for 1 of Nasdaq target). But a merger wouldn't require an outright R/S.

But at this point, I'm not ruling anything out.