She should read filings IMO to not take a bad investment risk...JMHO
Effective May 19, 2009, Spongetech Delivery Systems, Inc. (the “Company”) amended its Certificate of Incorporation to increase its
authorized capital from 1,860,000,000 shares to 2,060,000,000 shares consisting of 2,000,000,000 shares of Common Stock having a par value
of $0.001 per share, 20,000,000 shares of Class B Stock having a par value of $0.001 per share, and 40,000,000 shares of Preferred Stock
having a par value of $0.001 per share.
The action had been approved on May 18, 2009 by Company stockholders holding a majority of the voting power by written consent
in lieu of a meeting.