Spongetech Delivery Systems, Inc. (fka SPNGQ)

[eliaman]

regardless Cede & Co issued themselves more than 1/2 the Authorized shares in 1 day!! over 1.7 BILLION SHARES..no comment by anyone??


SO HOW DOES THE ISSUED EXCEED THE AUTHORIZED? AND CEDE JOURNALS NEARLY THE ENTIRE AUTHORIZED?


Summary Data

Issued 6/11/09 or Later...... 2,546,461,381
Issued to Cede & Company 2,830,561,102
Issued to RM Enterprises...... 200,505,177


Total Issued............ 3,513,027,642
Total Canceled........ 1,259,311,382
Total Not Canceled.. 2,253,716,260