the SEC suspended Spongetech trading, after which Spongetech's stock continued to be traded on an unsolicited basis in the grey market. Spongetech is delinquent in its filings with the Commission: the last quarterly report Spongetech filed was its Form 10-Q for the third quarter of fiscal year 2009 (ended February 28, 2009), which it filed on April 20, 2009. As ofMarch 24,2010, there were 2,999,984,950 shares of Spongetech stockissued and outstanding.