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Re: huggarags post# 172090

Tuesday, 08/25/2009 1:58:08 AM

Tuesday, August 25, 2009 1:58:08 AM

Post# of 346918
Do you thing Spongetech is spending all their time and money on branding just to give it away?

~~! No. They spend whatever money on advertising to sell stock. With 5 or 6 cheap as seen on TV products and est. 5 employees, there's not much else to do.

Spng resells (drop-ships!?) a cheap sponge made in china and has no manufacturing in this country.

I don't need to look at that ludicrous ibox. There's probably a hundred products from all over that pay to license with spongebob. Banners on weekend baseball games don't make a company.

But they do sell stock to sheeple who frequent internet stock sites and have money to burn. The name.com plastered on anything public is obviously to drive people to um... THE WEBSITE where the first thing you see is STOCK TICKER ... and oh, maybe you can order something if you dig around.

Go to Sears, target... walmart sites ... they show their PRODUCTS ... investor relations is usually a small link somewhere on the page.

Again, what is spng selling on that website...? The TICKER.
The website is not the usual commerce set up.

I'll stick with R/S and name change in the near future.
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