AI
Tuesday, July 07, 2009 8:09:15 PM
DandS,
As has been clearly stated from the inside, the Authorized increases are in line with the advice of company legal. Company legal being well aware of the company's overall business plan. NASDAQ intent inclusive.
And let's take a closer look.
Thinking clearly…
(Mr. Metter.)
'We are proud to announce that our Company is now cash flow positive and can finance our immediate growth from the cash generated within. We have been in negotiation with two banking institutions that could potentially provide us with accounts receivable financing, if and when needed for the future growth of our Company. However we hope that future cash requirements for product development, marketing, production, and financing of inventories and receivables can and will be generated internally.'
[ potentially provide us with accounts receivable financing ]
Debt-based funding. Not equity-based. A/R funding generally sought to counter short-term cash flow weakness. A company's receivables pledged as collateral. The incurred debt serviced in line with collection of said receivables.
And...
'Accounts receivable have been adjusted for all known uncollectible accounts. As of February 28, 2009 and May 31, 2008 there were no doubtful accounts.'
A matter of being able to properly value said receivables in line with 'intent' to borrow against same.
And...
'The Company has continued to experienced significant revenue growth through the nine months ended February 28, 2009. This trend, if it continues, may result in higher accounts receivable levels and may require increased production and/or higher inventory levels. Should our cash requirements to fund these requirements as well as other operating or investing cash requirements over the next twelve months be greater than our current cash on hand, we may seek to obtain additional financing.'
So it might happen. There might arise the need. Periods of rapid growth/expansion usually calling for significant capital infusion. But the debt-based in this case. Not equity-based.
And recalling…
(Mr. Metter at the NFE Conference.)
"We've grown with very little capital."
And how so exactly?
And cash flows. Strong positive cash flows. Cash cow reality.
And...
'Our balance sheet and cash positions have greatly improved due to the increased sales of our products. We do not expect to have any dilutive financing in the near future.'
[ do not expect to have any dilutive financing ]
The less astute, and worse, among us routinely baselessly railing on and on about the Authorized increases over time. The more astute among us pointing out certain glaring realities. Such as the market level empirical. And I challenge any party/parties, among us, to clearly demonstrate where, at market level, supposed massive dilutive activity has kicked in. At any point in time.
The bottom line being that the ongoing Authorized increases are about increasing shareholder value. Not decreasing said value. A plus. Not a minus. The bringing of value.
And thinking clearly…
How many increases over time? And market level? And from sub-$0.01 trading levels to $0.2851. And massive ongoing dilution? The increases a collective negative? Or to be wholly welcomed? Getting the job done? The shareholder respectful way?
The Authorized goes up. The Outstanding goes down.
Massive ROI in the making.
Time to focus.
Time, indeed, to think clearly.
To see the light.
Risk…
I'm here.
Wading through the trademark mire as usual. What a world! Hmm? Mental midgets aplenty.
And, so, okay. On with the show…
Of late we've seen market level dive in concert with the major markets/exchanges. And today we saw more or less the same. Major markets/exchanges showing weakness. SPNG somewhat similar. Up until, that is, the latter session when upstairs tanked and SPNG did the opposite. Volume surge and all.
And?
Well, let's start with the fact that we successfully called the bottom. As of the 29th. Right on target. Adding/entering accordingly. And good on us as…
Together, we win.
The 30th seeing 85m in volume and a High of $0.1370. But a Close of $0.1220. The technical signaling weakness. And just how the 1st turned out. The downside. Today's technical signaling strength...
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=1&dy=0&id=p60344240427
The white candlestick we've been anticipating. The Close near the High of the session. The EMA (Exponential Moving Average) displaying a welcome crossover and trend situation. The technical saying it all. Green and more green.
We successfully called the bottom and anticipated a breakout. Speaking of same at length. And based on all of the fundamental, the operational and the technical. Big picture reality.
And from earlier…
"The upside strengthening as our trading week progresses. Ever-deepening green."
It being none too difficult to follow the bouncing ball. To see that management is more than excited. Is on a mission. The wording in the latest PR's.
There was a reason for the NFE Conference presentation. A reason for the NASDAQ meeting. The timing. Institutional level audience. And then came 'black' Friday. Management pissed. Firing on all cylinders to overcome. To get back to earlier dynamics. In line with the $4.00 plan being successfully executed. A higher launch base.
And no. We can't say exactly what will transpire in the 'end'. How the senior listing will actually be achieved. What we do know is that management made a very clear point about 3 of 4.
And…
"Don’t you have to be at $4 minimum stock price to apply to NASDAQ?"
"Yes. We have a meeting Thursday with NASDAQ. As you know , NASDAQ has lost 700 companies this year, alone. We have 3 of the 4 qualifications. We have the asset base, we have the shareholder base, we have the profitability base."
"Would you entertain a 1:100 reverse split to get listed?"
"Well, we’ll deal with it when…Right now we’re going to go there on the basis of what the stock is going to grow to. The time has come for us to move off the Bulletin Board."
There was the Conference. There was the meeting with the NASDAQ folks. There's the Reuters rating of Outperform.
And…
"The time has come for us to move off the Bulletin Board."
And…
(Mr. Metter from January 2009.)
'The Company believes that the stock is being artificially manipulated and as such is currently examining several options that can be employed for the purpose of enhancing shareholder value.'
The $4.00 plan including reducing the Outstanding count to the 200m area. With it taking significant cash reserves in order to execute the necessary buybacks. Cash reserves largely earmarked for both ongoing operations and growth/expansion. Mr. Moskowitz having confirmed for us the fact of the RM Enterprises holdings situation being completed by late August.
And, so, what about M&A?
Are we in for some astoundingly uplifting formal word come tomorrow's session? Material company event(s) seeing market level soaring? A bomb, or two, of a PR?
And we can't say. All we can say is that we successfully called the bottom and equally successfully determined that a breakout was in the making in the absolute. The pressure ever-mounting. Management firing on all cylinders. Being on a mission. Pissed about the manipulation/the fallout.
The fundamental. The operational. The technical. The big picture reality. Green and more green.
Prior to 'black' Friday market level was on fire relative to overcoming the being grossly undervalued situation. And it did take a while for things to shakeout in full. Getting back to the right dynamics. Well realizing that serious green was on the way. That we'd soon see market level back to $0.25 plus. The manipulation over and done with. The day traders largely out. Our registered MM's back to profiting from a long perspective.
Took a while indeed. But we are back. That which simply fits.
And recalling…
----------
"And with that said?
Well, certainly, it's for the best to not lose sight of the fact that Reuters Company Research has rated, among the top 30% of the companies that the service covers, a "scam".
A "scam" rated as…
Outperform
And who'd a thunk?
Hmm?
----------
And, so, a bomb, or two, of a PR to come?
The reason behind the latter session frenzy?
The sudden pps/volume surge?
Where we were earlier is simply where we belong. A High of $0.2851 and climbing. The truth. As opposed to the twisting of reality.
America's Cleaning Company
SpongeTech
SPNG
The Smarter Sponge
And what will the early July numbers show?
Just bear in mind that bidding a welcome goodbye to the BB is paramount. ASAP reality.
"The time has come for us to move off the Bulletin Board."
The Reuters rating being what it's all about.
Outperform
Top 30%.
The truth.
As opposed to a horde of self-serving miscreants spewing no end of lies.
Green and more green.
On the way.
And congratulations, again, to those who also called the bottom and loaded up accordingly.
Together…
We win.
Big time!!!
Holding tight.
As has been clearly stated from the inside, the Authorized increases are in line with the advice of company legal. Company legal being well aware of the company's overall business plan. NASDAQ intent inclusive.
And let's take a closer look.
Thinking clearly…
(Mr. Metter.)
'We are proud to announce that our Company is now cash flow positive and can finance our immediate growth from the cash generated within. We have been in negotiation with two banking institutions that could potentially provide us with accounts receivable financing, if and when needed for the future growth of our Company. However we hope that future cash requirements for product development, marketing, production, and financing of inventories and receivables can and will be generated internally.'
[ potentially provide us with accounts receivable financing ]
Debt-based funding. Not equity-based. A/R funding generally sought to counter short-term cash flow weakness. A company's receivables pledged as collateral. The incurred debt serviced in line with collection of said receivables.
And...
'Accounts receivable have been adjusted for all known uncollectible accounts. As of February 28, 2009 and May 31, 2008 there were no doubtful accounts.'
A matter of being able to properly value said receivables in line with 'intent' to borrow against same.
And...
'The Company has continued to experienced significant revenue growth through the nine months ended February 28, 2009. This trend, if it continues, may result in higher accounts receivable levels and may require increased production and/or higher inventory levels. Should our cash requirements to fund these requirements as well as other operating or investing cash requirements over the next twelve months be greater than our current cash on hand, we may seek to obtain additional financing.'
So it might happen. There might arise the need. Periods of rapid growth/expansion usually calling for significant capital infusion. But the debt-based in this case. Not equity-based.
And recalling…
(Mr. Metter at the NFE Conference.)
"We've grown with very little capital."
And how so exactly?
And cash flows. Strong positive cash flows. Cash cow reality.
And...
'Our balance sheet and cash positions have greatly improved due to the increased sales of our products. We do not expect to have any dilutive financing in the near future.'
[ do not expect to have any dilutive financing ]
The less astute, and worse, among us routinely baselessly railing on and on about the Authorized increases over time. The more astute among us pointing out certain glaring realities. Such as the market level empirical. And I challenge any party/parties, among us, to clearly demonstrate where, at market level, supposed massive dilutive activity has kicked in. At any point in time.
The bottom line being that the ongoing Authorized increases are about increasing shareholder value. Not decreasing said value. A plus. Not a minus. The bringing of value.
And thinking clearly…
How many increases over time? And market level? And from sub-$0.01 trading levels to $0.2851. And massive ongoing dilution? The increases a collective negative? Or to be wholly welcomed? Getting the job done? The shareholder respectful way?
The Authorized goes up. The Outstanding goes down.
Massive ROI in the making.
Time to focus.
Time, indeed, to think clearly.
To see the light.
Risk…
I'm here.
Wading through the trademark mire as usual. What a world! Hmm? Mental midgets aplenty.
And, so, okay. On with the show…
Of late we've seen market level dive in concert with the major markets/exchanges. And today we saw more or less the same. Major markets/exchanges showing weakness. SPNG somewhat similar. Up until, that is, the latter session when upstairs tanked and SPNG did the opposite. Volume surge and all.
And?
Well, let's start with the fact that we successfully called the bottom. As of the 29th. Right on target. Adding/entering accordingly. And good on us as…
Together, we win.
The 30th seeing 85m in volume and a High of $0.1370. But a Close of $0.1220. The technical signaling weakness. And just how the 1st turned out. The downside. Today's technical signaling strength...
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=1&dy=0&id=p60344240427
The white candlestick we've been anticipating. The Close near the High of the session. The EMA (Exponential Moving Average) displaying a welcome crossover and trend situation. The technical saying it all. Green and more green.
We successfully called the bottom and anticipated a breakout. Speaking of same at length. And based on all of the fundamental, the operational and the technical. Big picture reality.
And from earlier…
"The upside strengthening as our trading week progresses. Ever-deepening green."
It being none too difficult to follow the bouncing ball. To see that management is more than excited. Is on a mission. The wording in the latest PR's.
There was a reason for the NFE Conference presentation. A reason for the NASDAQ meeting. The timing. Institutional level audience. And then came 'black' Friday. Management pissed. Firing on all cylinders to overcome. To get back to earlier dynamics. In line with the $4.00 plan being successfully executed. A higher launch base.
And no. We can't say exactly what will transpire in the 'end'. How the senior listing will actually be achieved. What we do know is that management made a very clear point about 3 of 4.
And…
"Don’t you have to be at $4 minimum stock price to apply to NASDAQ?"
"Yes. We have a meeting Thursday with NASDAQ. As you know , NASDAQ has lost 700 companies this year, alone. We have 3 of the 4 qualifications. We have the asset base, we have the shareholder base, we have the profitability base."
"Would you entertain a 1:100 reverse split to get listed?"
"Well, we’ll deal with it when…Right now we’re going to go there on the basis of what the stock is going to grow to. The time has come for us to move off the Bulletin Board."
There was the Conference. There was the meeting with the NASDAQ folks. There's the Reuters rating of Outperform.
And…
"The time has come for us to move off the Bulletin Board."
And…
(Mr. Metter from January 2009.)
'The Company believes that the stock is being artificially manipulated and as such is currently examining several options that can be employed for the purpose of enhancing shareholder value.'
The $4.00 plan including reducing the Outstanding count to the 200m area. With it taking significant cash reserves in order to execute the necessary buybacks. Cash reserves largely earmarked for both ongoing operations and growth/expansion. Mr. Moskowitz having confirmed for us the fact of the RM Enterprises holdings situation being completed by late August.
And, so, what about M&A?
Are we in for some astoundingly uplifting formal word come tomorrow's session? Material company event(s) seeing market level soaring? A bomb, or two, of a PR?
And we can't say. All we can say is that we successfully called the bottom and equally successfully determined that a breakout was in the making in the absolute. The pressure ever-mounting. Management firing on all cylinders. Being on a mission. Pissed about the manipulation/the fallout.
The fundamental. The operational. The technical. The big picture reality. Green and more green.
Prior to 'black' Friday market level was on fire relative to overcoming the being grossly undervalued situation. And it did take a while for things to shakeout in full. Getting back to the right dynamics. Well realizing that serious green was on the way. That we'd soon see market level back to $0.25 plus. The manipulation over and done with. The day traders largely out. Our registered MM's back to profiting from a long perspective.
Took a while indeed. But we are back. That which simply fits.
And recalling…
----------
"And with that said?
Well, certainly, it's for the best to not lose sight of the fact that Reuters Company Research has rated, among the top 30% of the companies that the service covers, a "scam".
A "scam" rated as…
Outperform
And who'd a thunk?
Hmm?
----------
And, so, a bomb, or two, of a PR to come?
The reason behind the latter session frenzy?
The sudden pps/volume surge?
Where we were earlier is simply where we belong. A High of $0.2851 and climbing. The truth. As opposed to the twisting of reality.
America's Cleaning Company
SpongeTech
SPNG
The Smarter Sponge
And what will the early July numbers show?
Just bear in mind that bidding a welcome goodbye to the BB is paramount. ASAP reality.
"The time has come for us to move off the Bulletin Board."
The Reuters rating being what it's all about.
Outperform
Top 30%.
The truth.
As opposed to a horde of self-serving miscreants spewing no end of lies.
Green and more green.
On the way.
And congratulations, again, to those who also called the bottom and loaded up accordingly.
Together…
We win.
Big time!!!
Holding tight.
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