Carp, I understand building a big company, and to me, they have already proved that they are going to be a big company based on sales this year with the products they are currently selling. Considering, Spongetech is not a household name, nor have they announced any big USA retailer deals. I too, believe the announcements are coming about US retailers, I also believe that guidance could be increased to 75 to 100 million for 09... Call me crazy...LOL... but I think it is feasable depending what announcements are made and how quickly orders are shipped.
Alot of stocks have forward earnings baked into the cake, some trade at high P/E's based on the possibility of good sales.
When you look at SPNG.... nothing is baked into the price other than NSS'ing... LOL.... ha.ha.. honestly, that's about the only way you can explain the low price.
Who knows... Like I said, this will be interesting to watch it play out...I realize nothing happens overnight and I am fine waiting, I just hope the end result is that the company is being honest, and the NSS's pay big time for picking on the wrong company.
