Spongetech Delivery Systems, Inc. (fka SPNGQ)

[stoxmagic]

Army, et al.,

On the 24th we read…

“We are excited to report what appears to be a record month for the Company so far… ."

And today…

“We are excited to report a record month!!'

'SpongeTech® Delivery Systems, Inc. America’s Cleaning Company™ … is pleased to announced that the Company has booked approximately $18 million in new orders for the entire month of June. This is SpongeTech®’s highest recorded monthly booked orders in the Company’s history.'

And…

'We are experiencing an incredible response to all of our products and we continue to increase our national retail footprint daily. We anticipate additional new products to come on line and we strongly believe that our sales growth will continue at this pace.”

[ we strongly believe that our sales growth will continue at this pace ]

And yesterday, in conversation, we said…

"Valuable relationships established. Sales channels. Distribution channels. The rest of it. On multiple levels the value of America's Cleaning Company continuously climbs."

And…

"What SPNG management has accomplished, in a stunningly short timeframe in relative terms, is truly staggering. Worthy of admiration. With, seemingly, no end in sight. The rapid growth/expansion. The effect of synergies and economies of scale. Already a rating of Outperform from Reuters Company Research."

[ With, seemingly, no end in sight. ]

Rating of Outperform.

And small wonder. Saying all same has to/needs to.

And, sure, the extant short positions are going to be supported. But supported courtesy of the wanton spreading of misinformation/disinformation. Manipulation. And the day traders will do their always thing. With today's formal word speaking, precisely, to what we additionally said…

"And absolutely. Management steadfastly motivated to move market level in line with achieving the senior listing. In line with providing miscreants a taste of their own medicine. In line with a reflection of company true value circumstance. So on. Wholly motivated. Wholly unhappy about the manipulation. The fallout."

And the understandable impact of today's formal word in graphical form...

http://www.nasdaq.com/aspx/chartingbasics.aspx?intraday=on&timeframe=intra&charttype=ohlc&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off&symbol=SPNG&selected=SPNG

Intrasession trend reversal. Cooler heads prevailing.

And the money flow…

http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=2&dy=0&id=p75523634414

Wholly understandable. Cooler heads prevailing.

The primary point being the big picture reality. That Reuters hasn't rated America's Cleaning Company in the top 30%, of the companies that Reuters covers, in the absence of good reason. Today's formal word speaking to that reason. In stentorian voice.

The simple reality being that market level, currently, is dismissible. The realities of the pending audited numbers, complete with projections and guidance, and coupled with achieving the sought-after senior listing will reflect what an investment in America's Cleaning Company is actually all about.

Failure to remain resistant to manipulative behaviors will see a whole host of folks seriously kicking themselves in due course. It being nothing (ahem) short of amazing how a few pennies/fractions of a penny can have so many tearing manically at their hair. When the reality, in the absolute, is dollar$. A truly massive ROI. Failure to see the big picture. And a big world it is. Taking all kinds. And so be it.

Buy and hold.

Couldn't be simpler.

And if the short-term volatility is more than a body can handle? Well, then, look the other way.

The overriding message of today's formal word being precisely that which will precipitate buyout interest. The growth/expansion rate. And not just gross revenues, as any damn fool of a CEO can deliver massive period gross revenues. But empty such. Empty revenues. Negative cash flows. Net loss. The ugly rest of it. America's Cleaning Company being about positive cash flows. About net earnings. The to-smile-about rest of it. And not just squeaking by. Cash cow.

The Reuters rating of Outperform having opened a lot of eyes. The prospect of a buyout looming ever larger as the company's products continue to hit store shelves. Continue to be snatched up.

It being truly amazing to see so many folks so concerned about a few pennies/fractions of a penny when the ROI truth looms so large. As management, ever so expertly, steers the ship in line with rapidly achieving the targeted annual gross revenues of $500m plus. Giving P&G a run for its money.

And, sure, the fundamental and technical tell us that our current trading week will see green. But a drop in a bucket compared to that to come.

A bomb of a PR. Or two.

Rocket science it ain't.

Holding tight.