Spongetech Delivery Systems, Inc. (fka SPNGQ)

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Each trading day, FINRA publishes a list of companies that it believes are non-compliant with FINRA
Rule 6530 (the “Eligibility Rule”). A company is generally added to this list on the date that the symbol
is appended with an “E” modifier. This is generally two business days after notification is published
on the OTCBB Daily List. A security is removed from this list one business day after FINRA
determines that it is eligible for quotation, or the security is no longer quoted on the OTCBB.
The Eligibility Rule and a list of frequently asked questions concerning monitoring and enforcement
of this Rule can be viewed on the OTCBB website at: http://www.otcbb.com/faqs/otcbb_faq.stm