[SPNG]: Prediction of Authorized Common Shares for Spongetech Delivery Systems, Inc.

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the_worm06 predicts that scam company Spongetech Delivery Systems, Inc. (SPNG) will increase its Authorized Common Shares from the current 2.5 billion to:


at least 3.0 billion shares by August 15, 2009



provided that it doesn't do a reverse split of its common shares by that date.





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[SPNG]: Who is promoter "texasbaseballro" and what is his involvement with scam company Spongetech Delivery Systems, Inc.?

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It appears that this promoter, in an attempt to defend the frauds of Spongetech Delivery Systems, Inc. (SPNG), has been viciously attacking the message board posters that have been posting the red flags of scam company SPNG on the Yahoo Message Boards:

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/forumview?bn=63817&vmode=1



What is even worse in his sad attempts at pumping and hyping the scam stock is that he has been posting many false and misleading statements about SPNG and its business and corporate structure. He has gone as far as stating that the State of Delaware has been releasing false information about the corporate structure of SPNG, including the substantial increase in Authorized Common shares of SPNG from 2.0 billion to 2.5 billion, which occurred on June 24, 2009 as per Delaware, the state where SPNG is registered.


Details to follow





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