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Stoxmagic...Where are you?? I need my fix!!!
Should be up tomorrow...
Need some help here...
There our 722 million O/S
What's the breakdown
How many RME
How many in float..
And where can I find it so i can pass it on to another long..
Thanks in advance
"SMART SPONGE"...Now why didn't I think of that!!
Z...
Can you confirm this from Doug? And when did he write it?
Thanks
This company is unbeleievable......
Longs...Please...Please ignore the bashers...
Company will report 50+ million in revenue
Company will report 10 million earnings
Their GLOBAL already
On pace to do 200+ million next 11 months
Brand name is becoming hard to miss
25+ SKU's this year
100+ by eoy 2011
Company reducing float from 722 million to roughly 250 million
And you can still get it for 11 cents
Thank youy z-man. I appreciate your reply. And my apologies for directing frustration towards moderators
Like to know why the old add I posted was deleted. Took me a long time to post it..
It was all about SPNG so would you please re-instate it...
If this was done inntentialy you moderators are over stepping your boundries. I am an assistant moderator at AENP, so I know what the rules are.......
finally!!!
So spongetech is adding a little T/A to their marketing campaign...
Effective but unnecessary...
Remember..Americans cleaning company.
Keep it wholesome guys..
No need to travel down this road..
stoxmagic,
Yo re-afirm what others have already voiced "you rock". I also appreciate other longs and the informative nature of perspectives.
Looking for a great trading week ahead.....
Great to be an american on this 2009 indepedence day
no_biz...
what's your entry point this week?..
Thanks
By this time next week the DICON issue will be an "NON-ISSUE"
swede,
Couldn't agree with you more. If viacom is willing to license outside the US into Canada, then there is absolutly no reason whatsoever to hold back licensing agreements to market worldwide....
News next week will be great, and will take away the only argument the bashers have left...(even though there's no validity to it)
thanks doog..
Didn't know the new slogan, but agreed their taking it nationaly. I always wondered how they would handle the slogan "americas cleaning company". Europeans wouldn't appreciate that...
I'm hear for the long haul. Most exciting play I've ever been envolved in..
GLTA Longs
doog,
international slogan????
No he didn't tell me that...I just extrapolated from cap/pps
Company has a 83m market cap trading roughly at 11.5 cents..
That is roughly 725.000 shares outstanding...
i rounded it off to 750.000
Sorry for the confusion...
But COO confirmed RME to be retired by feb 2010
Fair enough..
Some companies make it out of Pennyland to dollarville...
This is one of them, but until it happens can't argue with you.
But this penny has got lots of momo and funndys and revenue/earnings to support the above
I am very serious!!!
Johhny...right now the shorts and MM's have the power. There isn't much institutional support to defeat the above..
Once the accumulation is done the MM's will let it run, but that won't solve the shorts, who will continue to short until institutional monies overwhelm the shorts..
Then they will go chase another stock...
I expect this to happen when were uplisted
I had the opportunity to speak with our COO...I won't go into our conversation except that it was very positive.
Right now we have approx 750 million share outstanding..
By feb 2010 all the RME shares should be retired...
Where do, or should I say what do you (fellow longs) hope the outstanding shares will be down to in the 10k in aug???
Yea..sooner or later this will pop to reflect fundementals.
When the offer gets taken out instead of raising it their lowering it....
Guys this company is the real deal, has already made many people rich, and going to continue to do so in the not to distant future,,,
And you can buy it for 11 cents................
But the MM's won't let it run...
just a matter of time..
Writing is on the wall folks.....
SPNG and Viacom going to take licensing agreements world wide...
Worth billions over time in revenue.....
Not for long...
Luckydude..
Good post. I think you nailed it..
The'll be bought out before they get to those lofty numbers
Doubled down today from the high 11's to the low 10's....
Long termer here....
looking for a 1+ billion $ market cap in the next 18 months...
Who is "DICON TECHNOLOGIES" and where do they fit in..
Thanks
When management retires the RME shares the O/S will decrease from 770k down to 250k...
Right now the market cap is around 90 million at 12 cents and 775 O/S...
When the O/S are decrease to 250k, to keep the same market cap the PPS would have to be around 35 cents....
So right now buying at 12 cents is a guarantee 300% return ...
As long as one believes management to retire RME shares.. which I do.....
SpongeTech® Delivery Systems, Inc. (SPNG.OB) Prepares for Nationwide Launch of SpongeBob SquarePants Bath Sponges for Kids
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By Jonathan
27 June 2009 @ 05:11 am ET
SpongeTech® Delivery Systems, Inc., the designer, producer and marketer of unique lines of reusable cleaning products for car care, child care, home care and pet care usages, recently announced that the company has partnered with Nickelodeon and Viacom Consumer Products to launch a line of SpongeBob SquarePants bath sponges for kids.
Since the original announcement of this partnership on October 29, 2008, SpongeTech® has established a strong marketing strategy for its line of children’s bath sponges. The company expects the initial shipments of SpongeBob SquarePants sponges to arrive at retail stores in the next 60 days and is currently accepting pre-orders online at www.spongetech.com. Due to high demand, there is a limit of 10 pre-ordered sponges per household. In addition to developing a SpongeBob SquarePants bath sponge, SpongeTech® is also creating a sponge for the Nickelodeon character Dora the Explorer.
SpongeTech’s® chief operating officer, Steven Moskowitz, stated, “The company has an unprecedented opportunity to leverage a truly iconic brand into a vast market opportunity.” He continued, “Management has worked hard with the company’s extensive sales force to maximize the market penetration of these new products in the short, intermediate, and long terms. In addition, the company has secured sufficient manufacturing capacity to meet the anticipated market demand, which could exceed several million units in the first six months. Furthermore, this new product line diversifies the business and its revenues from the seasonal volatility associated with our auto care products.”
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Looked at the last 3 8k's all increasing A/S. The PPS either remained flat, or appreciated after the K's were released...
z4lover,
Enjoy and appreciate your honesty. If you get a chance mail me at LDRotunno@hotmail.com...Would like to chat off the record...
Little skeptical about "dark lady" suggesting the O/S are down to 200 million. Any thoughts? Could the company retire all those shares this quickly????
What a slam dunk this company is...
The risk has already been removed....
Revenues heading to the moon...
Earnings to mars......
Product already proven....
Company already becoming a household name....
SKU's increasing to 100+...
Partnering with kid favorites...
Share count going down...
Creative management team....
3 to 5 years PPS trading $10+ or bought out for $15+....
And the great thing about it is you don't have to be a rocket scientist to come to said conclusion.....
It's so easy a cave man can do it....
stoxmagic,
Well said! Best post i've read to date.
Thanks... The company wants to reduce the float to 300 million, so this increase in a/s means nothing to me. I did use the volitility today to increase my position by 50%.
Whenever longs get nervous just watch the presentation when both guys said to expect 5 to 8 fold increases in revenue "per year" over the next 3 to 5 years.
That's a billion dollar company...The key here is..I believe em...