[SPNG]: the_worm06 prediction on common shares outstanding for Spongetech Delivery Systems, Inc.
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the_worm06 predicts that Spongetech Delivery Systems, Inc. (SPNG) has now increased its outstanding common shares from the 723 million figure of April 16, 2009 stated in the latest 10-Q filed with the SEC by SPNG ( http://snipurl.com/ktyme ) to:
more than 1.9 BILLION common shares outstanding
as of today's date
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the_worm06 predicts that Spongetech Delivery Systems, Inc. (SPNG) has now increased its outstanding common shares from the 723 million figure of April 16, 2009 stated in the latest 10-Q filed with the SEC by SPNG ( http://snipurl.com/ktyme ) to:
more than 1.9 BILLION common shares outstanding
as of today's date
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posted by the_worm06 | 6/24/2009 09:30:00 PM
2 Comments:
2.5B+ SPNG shares according to the state of Delaware office Division of Corporations as of June 24th-
"According to the records of this office, the last stock change occurred on June 24th, 2009 and the current stock for SpongeTech Delivery Systems, Inc. is as follows: Common is 2,500,000,000 shares; Common Class B is 25,000,000 shares and Preferred is 40,000,000shares – 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."
Regards,
Piper
2.5 billion Authorized Common Shares.
My guess is that the Outstanding Common Shares, which are now above 1.9 billion will hit the 2.5 billion mark by the end of July 2009.
regards,
the_worm06
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