Someone enlighten me. This sounds, to me, and I am in the learning mode, theat back on August 21, 2009 an amendment was filed to effect a reverse split of 1:250, and that yesterdays announcement was to correct that to 1:100. So was this in the plans all along?
CERTIFICATE OF CORRECTION
OF
SPONGETECH DELIVERY SYSTEMS, INC.
The undersigned, being the Chief Financial Officer of SPONGETECH DELIVERY SYSTEMS, INC., a corporation existing under the laws of the State of Delaware, does hereby certify under the seal of the said corporation as follows:
1. The name of the corporation is Spongetech Delivery Systems, Inc. (the "Corporation").
2. That a Certificate of Amendment to the Certificate of Incorporation of the Corporation was filed by the Secretary of the State of Delaware on August 21, 2009 and that said Certificate requires correction as permitted by Section 103 of the General Corporation Law of the State of Delaware.
3. The inaccuracy or defect of said Certificate is:
The Certificate inaccurately stated that the Corporation’s Certificate of Incorporation was being amended to effect a 1 for 250 reverse stock split of all of the issued and outstanding shares of the Corporation’s capital stock, instead of a 1 for 100 reverse stock split of all of the issued and outstanding shares of the Corporation’s capital stock.
4. Article “FOURTH” the Certificate is corrected to read as follows:
AI
