Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Anthill]

Drew not to be a basher, but the press release said " In conjunction with the reverse stock split, the Board of Directors and the holders of more than a majority of SpongeTech's voting capital stock have approved a decrease in SpongeTech(R)'s authorized capital. The post-split authorized capital will be 900 million shares of common stock, 25 million shares of Class B Stock and 40 million shares of preferred stock. "

Ant