Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Carpedeim357]

Newbies just look at last 10q and 10K when it is filed. Then go to net income and % it is of sales. Growing sales. You don't need more dd then that to know where this companies profits are headed this year. Or that you rarely find profits such a high % of sales. Compare it to any company big boards or small one as % of sales. Then realize that % goes up as sales go over 20 million. Some fixed overhead does not go up as sales go up like rent etc. So net % goes up.