Spongetech Delivery Systems Inc (fka SPNGQ)

[BMK]

My apology for the condescending attitude of my post. It was not intentional, but I do understand. Wasn't sure things were abundantly clear since the author mistook the different defintions of authorized, one being restricted shares authorized (being permitted) to be sold on open market, the other being what has been agreed upon by BOD AND approved by SEC.

When restricted become unresricted, the holders are then permitted, "authorized", to sell them into the open market, but even when restricted they were a part of the total number of authorized shares agreed upon by BOD ANDapproved by SEC.