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Zevotek Announces All-New Ionic Bulb TV Ad to Air Nationwide
GlobeNewswire - May 04 at 09:37 NONE
Company Symbols: NASDAQ-OTCBB:ZVTK, Frankfurt:T5V1
NEW YORK, May 4, 2010 (GLOBE NEWSWIRE) -- Zevotek, Inc. (OTCBB:ZVTK) (Frankfurt:T5V1), a worldwide direct marketer and distributor of innovative personal and home care items, today announced that the Company has produced a new 1 minute Ionic Bulb TV ad that will start airing nationwide on American television this week. Zevotek will start airing the ad on USA Network, TV Land, WGN, Fox Business News, National Geographic and other national cable channels. The new ad's presentation of the Ionic Bulb's air purifying and money saving benefits departs from typical infomercial pitches of "As Seen On TV" products. The ad is designed to support retail store sales of Zevotek Ionic Bulbs while giving viewers the immediate chance to buy Zevotek's Ionic Bulb at a special TV offer price. Viewers have the option of buying Zevotek Ionic Bulbs by calling an onscreen toll free number or going to newionicbulb.com.
Commenting on the announcement, Zevotek's CEO, Rob Babkie, said, "I am excited to start airing the new Ionic Bulb TV ad and its potential to penetrate an even wider audience. The Zevotek Ionic Bulb is a no brainer way to improve the quality of air that any family breathes at home everyday. I believe Zevotek's revenue growth will come from showing consumers who are unfamiliar with the Ionic Bulb what Ionic Bulbs do for people and the environment. The new ad is positioned to be part of a consumer awareness marketing campaign that supports planned sales of Ionic Bulbs through retailers and catalogs. You can see the new ad right now by visiting zevo-tek.com or newionicbulb.com."
About the Company:
Zevotek, Inc. plans to market and sell a range of innovative personal and home care items. Zevotek has a license to sell an energy saving compact fluorescent light bulb (CFL) named the Ionic Bulb, a light bulb designed for consumer use by combining the performance features of ionic air cleaning technology with those of a 10,000 hour reduced energy use compact fluorescent light bulb (CFL).The Company sells the Ionic Bulb through TV infomercials and the Internet and plans to market Ionic Bulbs through catalogs, magazines and major U.S. retail and specialty stores. The Company's 1 minute and 2 minute Ionic Bulb TV ads are designed to air on national cable channels, local broadcast channels and TV superstations. Zevotek directly sells the Ionic Bulb to consumers through http://www.newionicbulb.com and www.amazon.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and effectiveness of marketing the Ionic Bulb are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Zevotek, Inc.'s control with respect to market acceptance of their products by consumers and retailers like CVS, whether financing will be available, the plans for Zevotek, Inc. to market and sell products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
CONTACT: Zevotek, Inc.
Jeff Carlson
949.375.3208
2010 GlobeNewswire, Inc.
Acquire Media Codes:
LC/us LR/nam LS/us.ny LU/us.ny.nyc LU/us.ny LU/us XC/Frankfurt XC/NASDAQ-OTCBB XC/any.INTL XC/any.NASDAQ XC/any.US.equity XC/any.US XC/any.company XC/any.public MC/HOT#4 MC/HOT NT/Advertising NT/Consumer_Issues NT/Editorials NT/Power+Energy NT/Sales+Marketing XC/any NI/Broadcasting NI/Entertainment NI/Telecom
Vendor Codes:
SU/energy SU/consumer SU/advertising SU/productservicesa
Raging
Cmn let's be serious. The company is not profitable yet. The operating income is negative.
Here are few reasons I am invested in this company:
1. OS is low vs PPS
2. Large Cash Balance
3. CEO owns majority of shares
4. Potential for growth
Fundamentals looks very weak at this point, but I am willing to risk a thousand to see this baby rise. This stock should probably be around 0.005, a nice ten bagger from here. GL
Arc
We are getting recognized...
Goldman Research Group Monday Afternoon Update: Cyberlux Corp., Ivoice, Carbonics Capital Corp, Camelot Entertainment Group, Unico
Market Wire - Apr 19 at 14:17 NONE
Company Symbols: NONE
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With lack in volume we wont be able to move up anytime soon. On contrary, the churning will late drive the stock price down as MM's will be looking to load up on more shares at 0.0004 level. I have a sizable investment at 0.0006 and 0.0007. I am the last person on this board who would like the PPS to drop lower. Just judging by the way MM's are positioned on LVL 2 this may drop lower in a short while.
This will likly fall to 0.0004 in the next 10 - 15 minutes
We might see some positive action this morning given the 5-day SMA is likely to cross the 10-day SMA. Hopefully the volume picks in days ahead.
If CEO controls 60% of OS = 1.9B then
we only have a float of 1.2B. Let see how many shares we trade today. We are coming up at 800M mark.
Broke through resistance. Nice
Why are they holding it down. I see all buys at the ask and no movement in BID.
103M +plus volums is less than 40 mins. NICE!
0.0055 wall is about to be broker. Heading to 0.006's next
The company reported short interest of 2.000+ shares last months. Now short interest over 2,000,000 shares and increase of 84,000%. That's huge in my opinion.
ZVTK short Interest at April 12, 2010
Short Interest: 2,043,615
% Change Avg: 83,861.18
Daily Share: 179,405,123
Volume Days to Cover: 1.00
WOW lol super squeeze.
All these buys and no movement in PPS. These MM's know how to play hard.
Setting up for a run. Let see if we can break 0.0052. GL everyone
nice almost 5M shares buy
This will help you understand more how these MM play...
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
* 100 I need shares.
* 200 I need shares badly, but do not take the stock down.
* 300 Take the price down so I can load shares
* 400 Keep trading it sideways.
* 500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
Next resistance at 0.0125 LOL Love it
Next resistance is at 0.01. GL
4 more at 0.008 and we bust through 0.01 :)
As of November 15, 2009, the Registrant had 47,295,646 shares of common stock outstanding.
Per latest 10Q filing
Damn... its breaking the 50-day moving average.
There is a gap from 0.0035 to 0.0038. Do you think they want to close that? That's totally insane
It might break 50-day and then bounce back big. Let's keep our fingers crossed
Fortress Financial Group, Inc. -- Secures Additional Loan Funding
Market Wire - Mar 30 at 10:07 NONE
Company Symbols: OTC-PINK:FFGO
Company Secures Additional Credit Line Funding of US$500,000
LAS VEGAS, NV -- (MARKET WIRE) -- 03/30/10 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it has received a new "draw down" line of credit in the amount of US$500,000; effective immediately. This Credit Line is unsecured and bears interest at the rate of 12% per annum. This credit facility is short term and is due and payable on March 30, 2011.
This Credit Line allows the Company to settle immediate term Creditors, Loans and to continue to fund the costs of the Professional Advisors whom are assisting the Company in the sale of its Gold Interests. Additional sums will be expended upon day to day operational costs and to remunerate the new Corporate Communications Director being appointed.
This Credit Line removes the pressure currently upon the Company's Management to agree to terms and conditions in respect of the sale of the Company's Gold Interests; that may not be wholly acceptable given the strength of the Gold price and its strong fundamental outlook. In short, this Credit Line has strengthened the Company's bargaining position substantially.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually", "projected" or "guidelines". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.
Contact:
Fortress Financial Group, Inc.
Peter J. Bezzano
Chairman
E Mail: investor@fortfinancegroup.com
Twitter: http://twitter.com/FFGO
Telephone: (954) 623-7409
I am not sure if many of you are following the technicals for this stock. Monday should be a very interesting day. Hopefully we see a gap up in the morning. The 20 day moving average is very close to crossing the 50 day moving average and thus forming a golden cross. Its very bullish for this stock.
0.0006 @ 500K shares lol WHat an idiot
L2is going crazy in all penny stocks. Something is up with the system.
ZVTK LV2 no MM on the bid or ask. Glitch?
P/E is based on earnings (Net Income)
You need to figure out operating margins first before you can estimate the market cap. With your $36M revenue assumption and let's say 20% operating margins, which equates to about 7.2M of Pre Taxes Income (less 35% Tax Rate = 4.7M of net income)
Net Income/Shares Oustanding
4.7M / 2.2B = 0.0021 EPS
P/E 5 = 0.01
P/E 10 = 0.02
9:30AM trade @ 0.003 for 10K shares. WOW
LOL
I am sure you and others have doubts the management and the company, but like many said on this board, "Its a lotto ticket." The worse that can happen is that we lose the money we were willing to lose. Sitdown and enjoy as the we get further updates
Update!
Fortress Financial Group, Inc. -- Company's Deadline Remains in Place
Market Wire - Mar 16 at 14:20 NONE
Company Symbols: OTC-PINK:FFGO
Company's "Put Up or Shut Up" on the Existing Bidder Remains in Place at This Time
LAS VEGAS, NV -- (MARKET WIRE) -- 03/16/10 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) refers to its News Release dated March 3, 2010 and advises its stockholders that the deadline imposed upon the buyers of our interests in both the "Bouse" and the "South Copperstone" Gold Properties remains in place, that being 17h00 EDT on Friday March 19, 2010.
Should any last minute extension of time be granted to the Buyer, it will be solely based upon reasonable and legal grounds. Should any such extension be granted to the Buyer, stockholders will be immediately advised of any such extension of time granted to the Buyer.
The Company is ready and very willing to move forward with its alternative proposals as outlined in our News Release dated March 3, 2010; should this be necessary.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually," "projected" or "guidelines." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.
Contact:
Fortress Financial Group, Inc.
Peter J Bezzano
Chairman
E Mail: investor@fortfinancegroup.com
Twitter: http://twitter.com/FFGO
Telephone: (954) 623-7409
NEWS!
Zevotek Announces $100,000 Ionic Bulb Order
GlobeNewswire - Mar 15 at 11:00 NONE
Company Symbols: NASDAQ-OTCBB:ZVTK, Frankfurt:T5V1
NEW YORK, March 15, 2010 (GLOBE NEWSWIRE) -- Zevotek, Inc. (OTCBB:ZVTK) (Frankfurt:T5V1.F), a worldwide direct marketer and distributor of innovative personal and home care items, today announced that the Company received a $100,000 order to buy Ionic Bulbs for delivery in March 2010. Zevotek is selling Ionic Bulbs to a New Delhi, India based company that plans to market and sell Ionic Bulbs in India. Zevotek received a deposit payment required to confirm the customer's order and is to receive the final payment prior to shipment later this month. The $100,000 order is for the 15 watt, 220 volt version of the Ionic Bulb that meets India's electrical standards and is the same standard used throughout Europe.
Commenting on the announcement, Zevotek's CEO, Rob Babkie, said, "I am excited to announce we have booked a major sales order. The sale immediately benefits Zevotek and gives us a leading position in India, a market with tremendous sales potential. The Ionic Bulb's air purifying performance can easily improve indoor air quality in homes across India. Consumers in India already widely accept the reduced energy and money saving features of standard CFL bulbs like the CFL bulbs we mount our compact air purifiers inside." The order represents Zevotek's largest firm order for an international market. Commenting on Zevotek's plans for international markets, Mr. Babkie noted, "Upon becoming Zevotek's CEO, my goal has been to lend my international business experience to growing sales. We are using Zevotek's U.S. sales and marketing campaign to create international interest in our Ionic Bulb and develop relationships with distributors who can sell Ionic Bulbs in countries around the world. Today's order is an exciting result."
About the Company:
Zevotek, Inc. plans to market and sell a range of innovative personal and home care items. Zevotek has a license to sell an energy saving compact fluorescent light bulb (CFL) named the Ionic Bulb, a light bulb designed for consumer use by combining the performance features of ionic air cleaning technology with those of a 10,000 hour reduced energy use compact fluorescent light bulb (CFL).The Company sells the Ionic Bulb through TV infomercials and the Internet and plans to market Ionic Bulbs through catalogs, magazines and major U.S. retail and specialty stores. The Company's 1 minute and 2 minute Ionic Bulb TV ads are designed to air on national cable channels, local broadcast channels and TV superstations. Zevotek directly sells the Ionic Bulb to consumers through http://www.newionicbulb.com and www.amazon.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and effectiveness of marketing the Ionic Bulb are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Zevotek, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
CONTACT: Zevotek, Inc.
Jeff Carlson
949.375.3208
2010 GlobeNewswire, Inc.
Acquire Media Codes:
LC/in LC/us LR/asp LR/eur LR/nam LS/us.ny LU/in..newdel LU/in LU/us.ny.nyc LU/us.ny LU/us XC/Frankfurt XC/NASDAQ-OTCBB XC/any.INTL XC/any.NASDAQ XC/any.US.equity XC/any.US XC/any.company XC/any.public MC/HOT#6 MC/HOT NT/Contracts NT/Science+Tech XC/any NI/NEC
Vendor Codes:
SU/electronics SU/contracts SU/businesscontract
Fortress Financial Group, Inc. - Statement
Market Wire - Mar 05 at 13:34 NONE
Company Symbols: OTC-PINK:FFGO
Company Quashes False Rumours of a Reverse Split of Its Common Stock
LAS VEGAS, NV -- (MARKET WIRE) -- 03/05/10 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has received a large number of E-Mails from concerned stockholders who believed that the Company was planning a Reverse Split of its shares of Common Stock. This statement by the Company seeks to allay these concerns once and for all and as such, is considered to be in the best interest of our stockholders.
These rumors in respect of this Reverse Split of the Company's shares of Common Stock are false, misleading and blatantly untrue and were disseminated by malicious posters, with possible criminal intentions, on the various Internet Stock Chat Forums and were deliberately designed and calculated to spread fear and concern amongst our loyal stockholders.
These individuals posting on these Internet Stock Chat Forums are actively and aggressively seeking to cause irreparable harm to the Company, its stockholders and its stock price. These individuals have been very actively engaged in malicious, illegal, defamatory or harmful activities on Internet Stock Chat Forums on a daily, if not hourly basis; which were planned, calculated, premeditated and designed to cause irreparable financial harm to the Company, its Officers and its Stockholders .Their actions have already caused severe but as yet financially unquantified damage to the Company, its Stock Price and to its Stockholders.
The Company assures its stockholders that it has not, nor has it considered any such Reverse Split of its shares of Common Stock. Management is of the opinion that any Reverse Split of the Company's shares of Common Stock would be costly, unnecessary and would not be in the interest of our stockholders. Various Loan Note Holders who accepted substantial number of shares of your Company's Common Stock in partial settlement of debt would be furious and unsupportive of your Company if any Reverse Split of the Company's Common Stock was considered.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually," "projected" or "guidelines." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.
Another useless lawsuit ...
The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against Spongetech Delivery Systems, Inc.
GlobeNewswire - Oct 12 at 13:03 NONE
Company Symbols: NASDAQ-OTCBB:SPNG, NASDAQ-OTCBB:SPNGE
NEW YORK, Oct. 12, 2009 (GLOBE NEWSWIRE) -- The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of all purchasers of SpongeTech Delivery Systems, Inc. ("SpongeTech" or the "Company") (OTCBB:SPNGE) (OTCBB:SPNG) stock between April 15, 2008 and October 5, 2009, inclusive (the "Class Period") for violations of the federal securities laws.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased SpongeTech common stock during the Class Period, and wish to move the court for appointment of lead plaintiff, you must do so by December 8, 2009. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in the Company during the Class Period. You do not need to seek appointment as a lead plaintiff in order to share in any recovery.
To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Sue Lee at The Brualdi Law Firm, P.C. 29 Broadway, Suite 2400, New York, New York 10006, by telephone toll free at (877) 495-1187 or (212) 952-0602, by email to slee@brualdilawfirm.com or visit our website at http://www.brualdilawfirm.com.
The Complaint charges that SpongeTech, and certain of its directors and officers violated federal securities laws by issuing false and misleading financial information to investors and engaging in a stock manipulation scheme. In particular, the Complaint alleges that SpongeTech misrepresented its sales revenues, failed to disclose alleged short selling of the Company's stock by certain, and improperly forged opinion letters of counsel in order to permit the sale of the Company's stock. The Complaint further alleges that as the truth of the scheme was disclosed publicly the price of SpongeTech stock fell dramatically -- damaging investors. As a result of this alleged misconduct, the Company is the subject of a formal SEC investigation and the SEC has temporarily suspended trading in the Company's stock.
CONTACT: The Brualdi Law Firm, P.C.
Sue Lee, Esq.
(212)-952-0602
(877)-495-1187
slee@brualdilawfirm.com
NEW YORK--(BUSINESS WIRE)-- SpongeTech(R) Delivery Systems, Inc. (the "Company") "The Smarter Sponge(TM)", (OTCBB: SPNGE), today announced that on September 25, 2009, the Company received a letter from the Financial Industry Regulatory Authority (FINRA) stating that, pursuant to NASD Rule 6530, the Company is required to file with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended May 31, 2009 (the "Annual Report") by no later than October 16, 2009. If the Company does not comply with this requirement, the Company's shares of common stock would not be eligible for continued quotation on the OTC Bulletin Board. The Company is requesting an appeal hearing with FINRA regarding the determination of the Company's security listing eligibility.
The Company previously announced that the delay of its filing Form 10-K for FY '09 was due to the Company's former auditor's difficulties with the PCAOB (Public Company Accounting Oversight Board). As a result, the Company's financial statement for the 2008 fiscal year is being re-audited and the financial statement for the 2009 fiscal year is being audited by the Company's new auditing firm, Robison, Hill & Co. The Company and its auditors are using their best efforts to complete the audit and file the Annual Report by no later than October 16, 2009.
After the submission of the 10-K/A for fiscal 2008 and the 10-K for fiscal 2009 year, Deliotte & Touche LLP will assume responsibility for the audit of the Company's financials beginning with the fiscal 2010 year that began June 1, 2009.
About SpongeTech(R) Delivery Systems, Inc.
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 sponge-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. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended May 31, 2008 and the Company's Quarterly Report on Form 10-Q for the third fiscal quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Source: SpongeTech(R) Delivery Systems, Inc.
Any chance we can get September sales numbers tomorrow or Thursday?
I miss the old days, where PR used to come out almost every day :)
Copied this from the yahoo board. AS was reduced on Aug 24, 2009 prior to the August 28, 2009 date specified in the 8K.
per Delaware SOS. How can they amend the AS to 900M on August 28 if it was already 900M. This makes no sense.
A/S is only 900,000,000. REDUCED! Bashers LIED! 24-Aug-09 10:58 am hah!
Routing your chat request to a Corporations Information Center Representative . You are person 1 of 1 waiting to be served. Important: Please do not provide sensitive information (such as social security numbers, etc.) while chatting.
You are now chatting with 'Kim' with the Delaware Division of Corporations Information Center.
Kim: Hello, Please hold as I review your question.
Kim: According to the records of this office, the last stock change occurred on August 21st, 2009 and the current stock for SpongeTech Delivery Systems, Inc. is as follows: Common is 900,000,000 shares; Class B is 25,000,000 shares and Preferred is 40,000,000 shares – 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
NEW YORK--(BUSINESS WIRE)-- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG) is pleased to announce today that the Company has partnered with another high profile team in the National Football League, the New York Jets. SpongeTech has become a proud partner of the Jets as well as a presenting sponsor of the team's training camp. SpongeTech will receive prominent training camp signage, in addition to other team advertising rights. Season long in-stadium signage is also included in this deal.
This is the fifth deal for SpongeTech in the NFL. "We look forward to a fantastic relationship with the New York Jets," stated Steven Moskowitz, COO of SpongeTech. "This partnership will allow us to continue to reach a passionate New York fan base and market our brand The Smarter Sponge(TM)."
SpongeTech sponsors the Cincinnati Bengals, New York Giants, Tampa Bay Buccaneers and Houston Texans and continues to grow its sports sponsorship portfolio in 2009, previously leveraging Major League Baseball teams and the World Football Challenge.
About SpongeTech(R) Delivery Systems, Inc.
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's proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-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 is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.