Spongetech Delivery Systems Inc (fka SPNGQ)

[Carpedeim357]

What company do you know of that to go from nothing to 100's of millions did not need many millions in funding to do it? If a penny stock that did not have to issue a lot of shares to get funding? Profits are on 10K and 10Q but not enough yet to self fund. You will never build a big company without millions in funding in early stages never. They will end need for dilution funding faster then most. If it ends this year to be able to self fund that fast is rare. It is ending this year as Q1 they needed 400 million increase in A/S and in Q2 they did 150 million. Clearly they are not seeing as big a need from RM now.