Replies to post #278816 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[GolfAnyone]

Or we could also wonder if the following is possible:

The outstanding shares are actually MUCH LESS than 722 million.

However, when they file, are reporting transactions based on 722 million (or thereabouts), since that was the last publicaly disclosed amount.

They follow the rules of filing based on a much lower O/S count to be safe, although they report it based on 722 million on the report.

[polsih1]

Loanranger, your opinions and work are highly respected. It is great to see someone with seemingly unbiased posts on this board. Thank you.

My 1 post for the day.

[Leirum]

This is what surprised me as well, there was no need to file now, but he did. He could have waited another 10 days - as far as I am concerned.