Replies to post #233067 on Spongetech Delivery Systems Inc (fka SPNGQ)

[Virtual Drew]

The longer it doesn't come out, the more the 2.75B+ O/S sounds about right! Now that we're not trading, our 3rd Party Affiliates cannot clean up the mess we have on our hands.

Hey Soapy, we are OFF Reg SHO! Lying pumper...and there still remains plenty of his pumping cronies on this board. I hope Soapy sings like a canary!

[hasher]

I doubt the 10 K will ever come out, but if it does I have no doubt the number is in the ball park.
Can you give me one good reason why M&M raised the class B voting shares to 28 million (2,8 billion voting shares in effect) when the previous 25 million would have easily sufficed if the old numbers were correct?
Also why did they raise the AS to 3 billion? There is always only one reason.. headroom.
I "speculate" the new AS was in anticipation of the flood of buying caused by the phony .68 buyout PR that was no doubt coming had the SEC not stepped in.
But for the sake of your post, any logical reason for the increase to 28 million class B shares when they already had 25 million, will suffice