Spongetech Delivery Systems, Inc. (fka SPNGQ)

[crashman]

"...the car wash sponges are being discounted like they are almost ready for 99 Cent Stores liquidation."

99 cents is exactly the price these car wash sponges should sell for. Then they would match competition prices and would have a chance of being sold. However, I doubt that the company will be able to continue its advertising campaign forever. Just like the sponges, the sp will be discounted as well, and that will be detrimental for the companies financial picture. Of course, there is a remote possibility that the SEC steps in before this happens.