Spongetech Delivery Systems, Inc. Class Common Stock Par Value: 0.001 Status: Suspended
Caveat Emptor
QuoteNewsChartsCompany InfoFilingsResearchShort InterestInsider Trans. Pink OTC Markets has discontinued the display of quotes on pinksheets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:
* Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public. * Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities. * Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders. * Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt). * Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available. * Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public. * Other Public Interest Concern — There is, in Pink OTC Markets' view, a public interest concern.
Consequently, Pink OTC Markets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to Pink OTC Markets Guidelines for Providing Adequate Current Information (PDF) and until Pink OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page for more information. Contact Information Business Description Spongetech Delivery Systems, Inc. The Empire State Building 350 Fifth Avenue Suite 2204 New York, NY 10118
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponges like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTe ...
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* OTC Market Tier Grey Market * Primary SIC — Industry Classification 2840 - Soap, Detergents, Cleaning Preparations, Perfumes, Cosmetics
* State Of Incorporation DE* Jurisdiction Of Incorporation United States * Company Officers Michael L. Metter, CEO Steven Moskowitz, CFO, COO
* SEC Reporting Status SEC Reporting Company CIK 0001201251 * Fiscal Year End 5/31
* Estimated Market Cap $43,371,964 as of Oct 2, 2009 * Outstanding Shares 722,866,061 as of Apr 16, 2009 * Authorized Shares 1,800,000,000 as of Apr 13, 2009 * Number of Shareholders of Record 2,365 as of Aug 29, 2008
* Security Notes o 12(k) Suspended by the SEC 9:30 a.m. October 5, 2009 and terminating at 11:59 p.m. on October 16, 2009.
* Transfer Agent Olde Monmouth Stock Transfer Co., Inc. 200 Memorial Pkwy Atlantic Highlands, NJ 07716
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