Replies to post #292637 on Spongetech Delivery Systems Inc (fka SPNGQ)

[hasher]

our fair value should be in the 9-10 cent range

How does one arrive at a fair value for SPNG when no one knows what the share structure is?

[SteveF]

our fair value should be in the 9-10 cent range right now

That is not possible if you consider the legal fees being incurred by the company.

If there is any finding of guilt by the SEC (settlement, charges, conviction, etc), the class-action shareholder lawsuits are slam-dunks which will bankrupt the company instantly. The Wells Notice guarantees this outcome.