Spongetech Delivery Systems Inc (fka SPNGQ)

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ITEM 5. OTHER INFORMATION


Effective April 13, 2009, the Company amended its Certificate of Incorporation to increase its authorized capital from 1,555,000,000 to 1,860,000,000 consisting of 1,800,000,000 shares of Common Stock having a par value of $0.001 per share, 20,000,000 shares of Class B Stock having a par value of $0.001 per share, and 40,000,000 shares of Preferred Stock having a par value of $0.001 per share

On April 16, 2009, RM Enterprises cancelled 526,585,544 common shares to reduce the common shares issued and outstanding from 1,249,451,605 to 722,866,061 common shares. These common shares were put back into the treasury.