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Under the SEC SPNG is listed as year end 0310....is this March 2010 ? I thought their year ended in May ?
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001201251&owner=exclude&count=40
RP
Did everyone see this 8k filed today?
RP
http://www.sec.gov/Archives/edgar/data/1201251/000114420409047948/v160127_8k.htm
And Opus isn't this Friday 09/11/09 a great day to release the 10k,,,,it's a Friday and an important date in NY american history. SPNG is in NY.....Hmmmmmmmmm
(JMO) RP
When I first put that together....I also feel SPNG will buy up that company or maybe a merger with them later ?
We shall see....
RP
I think they are using this GETFUGU technology for immediate buys by cellphone at the various sporting events when spectators see the banners or maybe some of the product is sold out at the Spongtech booth.
I feel this will eliminate some of the spectators seeing the banners and writing down the web address and ordering later through the website at home. Some may forget, lose the address or not be interested anymore. Immediate sale with the use of the mobile phone...
(IMO) RP
It always just a question from me.....I respect your knowledge and many other longs since I joined Ihub and have learned so much from you all.....Thanks.....
We all seem to be scratching our heads (or butts) to try and deceifer as to why SPNG they made this particular choice when we have been so loyal to them.
I just have to keep in mind, SPNG probably has the best of the best on board (I hope) to advise them on these choices. I sure hope they have this in mind and it benefits us too, not just the institutional investors.
SPNG should remember we are the one's also buying many of the products they offer (as well as our families too). They are advertising at various sporting events with "retail regular people" like us.
Take care,
RP
I have a question for you please.....I understand that on a normal basis companies simply don't let you know they are doing a R/S. They just do it and you find out at the end of the trading day....would that be correct?
Is it possible for SPNG mgmt to do a R/S of a different calculation amount (ex. 25:1) on an earlier different date that posted in the PR but not tell anyone this time. Then after doing the R/S withdraw the prior PR of a R/S ?
Thanks,
RP
bottom would be $.0001....LOL
RP
Drew perhaps there is some type of real juicy information (to our benefit) in the 10k and they wanted to drop this bomb before dropping another therefore resulting in a delay in issuance in the 10k. Merger ? Nasdaq date ? Dividend ? Many have said SPNG is not your typical OTCBB stock.
I just don't see from many months now how the company has screwed any investor. They understand in my opinion and respect the loyalty those of us that have stayed long. We all cannot understand the immediate conclusion they have issued us, but that to me this still does not mean their intent is to screw the investor. By now most know SM is really good at what he does and smart. We just have to wait and see how it plays out (HOPEFULLY in our favor..the SPNG investors).
IMO
RP
Hi Cheez,,,,,I thought when the PR about the accounting firm came out someone mentioned there was another company they handle too on the OTC if I am correct.....Do you think they handled this other company if I am right in the same manner?
RP
my thinking about the investment into getfugu is this.....
They are spending huge advertising at many games (various sports). If you were at a game, how many are writing down the website adr to go to later.....Small % I think. They want to utilize getfugu technology to immediately access the order page on the cell phone while sitting in the stand at these various events and order it NOW,,,rather than a possible later order.....
(JMHO)RP
thanks for that....
RP
Is it possible that the R/S is necessary to bring up the share price as they wanted for Nasdaq, do an accounting of all shares by CUSIP change and possible by bringing up the share price it would be a smoother transition to a merger with another company in similiar $ range ? Just a thought I had....
RP
your very motivational SJJ....Thanks for that !!!
RP
I didn't touch my share count today at all either....I did not sell one share today......
RP
I WISH they had a booth at the Los Angeles County Fair I could visit.....It IS the largest County Fair in the US.
RP
Thanks everybody,,,,I will do that Monday AM......MOASS (hopefully) in process.....
RP
Sherry, do you happen to know if I can change the $ amt of the Sell PPS after they put in the sell order for me?
RP
They will let me do advance sell orders for the amounts I wish ?
Thanks
RP
Hey everybody,,,gettin my long weekend drink on.....
anyways....i tried to put a sell on Scottrade and it won't do if the stock is under $10
Any thoughts how to do this (I have a cash acct)
Thanks,,, Sip Sip of my cocktail....
RP
I betcha I would be interviewed by Maria Bartiromo of The Wall Street Journal Report about that (Maybe huh) ....
RP (L O L)
***** placed on the right cheek ***** oooohhhh myyyyyyy
Hi Opus,,,,I am thinking about getting a tattoo that says
"SPNG MOASS" what do you think about that ?
RP
I get things occasionally from Transamerica for my mutual funds in the mail (In a Transamerica Envelope with Transamerica literature) but a note in the envelope says something like we are forwarding this on behalf or request of Transamerica and it's signed by Scottrade.
Perhaps the broker sent it on SPNG behalf ?
RP
Didn't their buyback share program end in Sept 09 ? If that is correct, perhaps they are buying more shares back to coordinate the release of the 10K with the end of the buyback program ??
RP
I think Sarah Fisher has many sponsors,,,,her outfit alone on the website has, Dollar General, AAA, Slim Jim, Kraft, Band-Aid, COLGATE (ARE THEY P & G ????), Reese's, LYSOL (Good to hand with SPNG), Dollar General, Direct Supply, Hartman Oil, Honda, Firestone and Tagheur from what I could see.
I REALLY like the Colgate and Lysol,,,,Any thoughts ??
RP
I don't think they will have an outfit for her....I think the PR said they were an associate sponsor....But that would be great if they did outfit her in a outfit made of Sponge to soak up the sweat....LOL
RP
Have you been to here site ? http://www.sarahfisher.com/
Just my Opinion,,,she is cute,,,she might be the next Danica Patrick for Spongetech.....
RP
Power, just pulling from the PR there appears to be some interesting items to note for me....
1) This is the PEAK Antifreeze 300,,,,Peak is by no means a small company (IMO)
2) "Sarah Fisher has already competed in eight Indianapolis 500's, been voted "Most Popular Driver" four times in two separate Series (IndyCar and NASCAR), been awarded "Indy's Best & Brightest Leaders Under 40" and enters her second season as a team owner in 2009",,,,I take this as perhaps a warm-up (no pun intended) to maybe use her for possible marketing ??? the same way Danica Patrick is for godaddy.com ???? (IMO)
3) "Fisher has been a guest or profiled on a variety of national platforms such as, LIVE! with Regis & Kelly, The Tonight Show, The Daily Show with Jon Stewart, The Today Show, The Price is Right, Glamour, People and Forbes Magazine, to name a few.",,,,I will be honest, I have not heard of her, but I do not follow racing either, but apparently many have with the national appearances on shows she has done.
My brother races cars and is an avid fan in NY....I will ask him if I can get him over the weekend if he knows who she is and the rundown on her.
Lastly...."This weekend's race at Chicagoland Speedway will take place at 9 p.m. and be shown live on the Versus Network.",,,,not familiar with Versus, but has anyone heard of the network, this could be a big thing here ??
Just my opinion,
RP
and we landed on Lucky # $.21
That was exhausting.....
I need a drink.....ASAP
RP
RED ALERT ! This may be anyone's last change to buy at these low prices....Hurry,,,,Hurry,,,,Hurry.....Market close in 35 minutes and killer "K" coming on through....watch out....
RP
I smell something sweet coming around the corner......"K" must be there.....
RP
How About "Spongetech.com" right on the Tennis Ball....Of course the ball is SpongeBob Yellow.
RP
Make That....Come on SPNG....Just .7755 more and were at $1.00
RP
Come on SPNG....Just .0755 more and were at $1.00
RP
Reuters did another report ? This has been a daily report the last few days....I thought it was done once weekly ?
Reuters must be watching it close as it going to cut loose and RUN once the A/S and O/S and reported....(IMO)
RP
I'll take the FREE books offer if you get rid of them...I want to learn more and more....
RP
Huggs,,,that about sums it up for me perfect....I have a good visual going on right now....
RP
I wasn't aware of this was anyone else ? That's GREAT to hear.
"SPNG’s automotive/vehicle sponge was named one of the seven best new products at the Automotive Aftermarket Product Expo in Las Vegas this year"
I found this on this link here....
http://www.otcpicks.com/spongetech/spongetech-4.htm
RP
Maybe they will have an early 5am release of the 10k tomorrow to get this party started through the weekend then a blockbuster week next week followed up by next friday 8k showing further reduction of the O/S to continue to 200 mil by Oct. Then the 10Q in Oct (with lots of other fluffy stuff in between) and to Nasdaq after the Oct 10Q.
Now wouldn't that be HEAVEN !!!
(JMO)
RP
me too....
RP