Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

SR,

Not a problem.

On the question of Dicon Tech....

'We have also historically depended primarily on one manufacturer for the production of our cleaning products. Such manufacturer was H.H. Brown Shoe Technologies, Inc. (d/b/a [doing business as] Dicon Technologies), which closed its manufacturing operations in 2007. In 2007, an investment company bought Dicon Technologies from H.H .Brown Shoe Technologies, Inc. From that time until recently some products were manufactured in China by partners of our manufacturer under an oral agreement using encapsulation technology instead of technology relating to hydrophilic sponges. Currently, our products are being manufactured by Dicon under an oral agreement. To handle our growing sales our products are being manufactured by multiple manufacturers.'

[ To handle our growing sales our products are being manufactured by multiple manufacturers. ]

'We may still use China facilities for Pacific Rim distribution (South Korea, Japan, China, Thailand, Vietnam, etc). However, there is a significant lead time required on products manufactured abroad. As a result, to the extent that we are unable to obtain products manufactured in the United States, there is no assurance that we will be able to maintain sufficient inventory on hand to fulfill orders which require delivery in short time frames. If we are unable to deliver products to customers timely, we may lose these customers.'

[ However, there is a significant lead time required on products manufactured abroad. ]

The situation speaking for itself. Exactly what it is that's needed i.e., domestic production increase.

While on the medical front we have Mr. Metter, during the NFE Conference presentation, making the comment that the underlying technology lends itself to sponges being made as thin as 1/16 inch. And...

(Mr. Metter on the subject.)

"We can, to deviate a little, make it as small as a 16th of an inch which will give us opportunities in the medical industry. In nursing homes for cleansing countertops. Any type of medical application."

And as for the earlier mention of management soon meeting with a large investor(s)?

Well, from the Conference presentation additionally...

(Mr. Metter during the initial Q&A.)

"We have an appointment, in a couple of weeks, to meet with another major stock exchange company."

With the conference having taken place June 8-9. Meaning that our coming trading week will host the meeting.

And as for the technical?

Entirely telling…

The welcome candlestick picture.

The equally welcome EMA (Exponential Moving Average) picture.

The EMA 2-Day (blue line) having crossed above the EMA 5-Day (red line) and rising. The EMA 10-Day (green line) following.

http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=1&dy=0&id=p50356668140

The big picture speaking volumes. The fundamental. The technical. Next trading week poised as talked about. The serious upside. A whole host of positive factors in play. Discussed at length.

SPNG = the real deal in the absolute.

Onward and upward.