Replies to post #163325 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[huggarags]

Mack I am on your side all the way but if you pay a fee to the Delaware Division of Corporations you can change it same day. They will do it when the time is right. GLTY
Debbie

[jethro50]

I understand --the individuals who are claiming the AS has not been reduced yet want everyine to believe it will never be reduced...BUT according the Delaware themselves, this( updating) can take lots of time due to backlog etc.?

I still prefer to believe Mr Forward and Mr Hasher on this matter.

Just because this is all explainable, there's no sense in dwelling on these facts when the FORMER numbers suit your purpose.

[P2O I'm from MO]

"Regular (non-expedited) work takes on average between 10 and 15 business days to process. However, due to the large amounts of work received in June and December, your document will take longer to process at these times of the year."

Yet, it is amazing that on 5/19/2009 Spongetech amended the Certificate of Incorporation
to raise it to 2,060,000,000 shares and low and behold look what the Delaware SOS has recorded:

 
 Seq Document Description       No. of pages  Filing Date  Filing Time Effective Date 
      Code                                    (mm/dd/yyyy)             (mm/dd/yyyy) 
 2   0240S    Amendment; Stock      7         05/19/2009      08:24    05/19/2009 
 

It also happened on 4/13/2009 where they increased the A/S to 1,860,000,000...

 
 Seq Document Description       No. of pages  Filing Date  Filing Time Effective Date 
      Code                                    (mm/dd/yyyy)             (mm/dd/yyyy) 
 3  0240S     Amendment; Stock      7         04/13/2009      12:06     04/13/2009 
 

Pretty fast turnaround, same day processing. There is expedited service available.
I guess they needed to expedite that for the purchase of Dicon. ;-)

they now have to forward this documentation to their transfer agent who will then cancel the shares.

That statement makes no sense in the subjuect of Authorized Shares. There are none
to cancel if they are not issued.

Regards.

[Jungle_Trader]

RE: When you were offline (via LivePerson)Friday, August 14, 2009 2:52 PM
From: "Stone Jamie L (DOS)"<[e-mail]>
To:@yahoo.com>

Thank you for contacting the Delaware Division of Corporations.

According to the records of this office, the last stock change occurred on August 13th, 2009 and the current stock for SpongeTech Delivery Systems, Inc. is as follows: Common is 2,750,000,000 shares; Class B is 28,000,000 shares and Preferred is 40,000,000 shares - all at .001 par value. Filing documents submitted to our office for filing are effective immediately upon filing. This is an administrative office and our role is to review documents to endure that they meet the letter of the law for filing purposes only. We do not monitor or police the activities of companies who submit filing documents to our office.

Please keep in mind that we do not know the outstanding or issued shares as that information is kept internally within the company. If you have further questions please contact General Information at 302-739-3073 option 0.

Thank You,

Information Center
Division of Corporations
John G. Townsend Building
401 Federal Street
Suite 4
Dover, Delaware 19901
Phone: [phone]
Fax: [phone]