Replies to post #250360 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

Pedro,
re: "Pike has the right to report two separate beneficially accounts, and report two separate beneficially balances – on the same Form 4."

Those aren't exactly the words that I would choose, but YES, that's exactly what I'm saying. And it is permitted, make that required, by the following from the instructions, as previously quoted:
"(v) Where more than one beneficial owner of the same equity securities must report transactions on Form 4, such owners may file Form 4 individually or jointly. Joint and group filings may be made by any designated beneficial owner. Transactions with respect to securities owned separately by any joint or group filer are permitted to be included in the joint filing. Indicate the name and address of the designated reporting person in Item 1 of Form 4 and attach a list of the names and addresses of each other reporting person. Joint and group filings must include all the required information for each beneficial owner, and such filings must be signed by each beneficial owner, or on behalf of such owner by an authorized person. "

If you have a specific question about the above I will try to respond. Otherwise, a careful reading of the instruction quoted should clarify the issue for you.

As HG and I have mentioned, don't be thrown by the term "issuer"..........it's not the same as "filer" in this circumstance.