Spongetech Delivery Systems Inc (fka SPNGQ)

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****On September 5, 2008, the Company announced a share repurchase program. For the period ended February 28, 2009, the Company repurchased 55,824,336 shares of common stock at an average price per share of $0.0308. The Company will repurchase up to 100 million shares of stock under the plan. The repurchase plan will expire after 12 months.Btw this was increased/pr'd back in july 2009 to 150 million.Does this help. UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


FORM 10-Q


x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

for the quarterly period ended February 28, 2009


o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934


Commission file No. 333-123015


Spongetech Delivery Systems, Inc.
(Exact name of registrant as specified in its charter)


Delaware 54-2077231
(State of incorporation) (I.R.S. Employer Identification Number)