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Replies to post #247124 on Spongetech Delivery Systems Inc (fka SPNGQ)

Replies to #247124 on Spongetech Delivery Systems Inc (fka SPNGQ)
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TEX

10/26/09 4:56 PM

#247125 RE: rhino999 #247124

Form 3 not mentioned re Furth; presumably the poster intends filing re 5% or > ownership...
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patchman

10/26/09 6:07 PM

#247195 RE: rhino999 #247124

simple, if he owns a threshold percentage of a stock he must file. The first threshold is 5%. If he really owned 41 Million shares and the O/S was really as low as some here say, he would break the 5 and 10% thresholds requiring a filing.