Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Risicare]

dlewis, as the_worm06 has shown, those 415 million shares were issued at $0.001/share to RME during the 3rd quarter ending feb 2009. They were never accounted for in the tabulation of the O/S. Together with the 500 million share buyback that SPNG claimed, but never occurred, these 900 million shares are equal to the shortfall in O/S between what SPNG reported in the SEC docs, 723 million, and the actually amount of O/S as uncovered by the SEC, 1.6 billion as of April 16, 2009.