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nilremerlin

02/04/10 11:11 PM

#291495 RE: starfire #291485

starfire: Pike also filed a similar 4 on Parlux today, of which he is a 10% owner:

http://www.sec.gov/Archives/edgar/data/802356/000101359410000100/xslF345X03/parluxfm4-020410_ex.xml

I'd like to see SpongeTech do a reverse merger with Parlux to get on the Nasdaq. As it is, Parlux put out a 10Q today showing lower earnings, and it has to worry about maintaining a $1 bid price to stay on the Nasdaq. Doing a reverse merger with SpongeTech would remove that worry, and also enable SPNG to to trade on the Nasdaq.
Their businesses complement each other well. Time will tell. Looks like Pike would be the middle-man enabler for such a reverse merger.

nilremerlin