Spongetech Delivery Systems Inc (fka SPNGQ)

[LOL]

We recently licensed with Viacom's Nickelodeon subsidiary creating the products and packaging for children's bath sponges in the likenesses of Nickelodeon characters SpongeBob Square Pants, Dora the Explorer and Go Diego Go. These products will be available in major retail outlets that carry other Nickelodeon licensed products such as Wal-Mart. Our marketing research leads us to believe that the bath products will be very popular among children and their parents at price points which are affordable.