Spongetech Delivery Systems Inc (fka SPNGQ)

[llh222]

No BS

I have also seen many scenarios on earnings report, and agree anything is possible. However I believe mngmt will give the earnings for rest of Aug before the 10K, thus limiting the amount and duration of any dip.

I also did a quick rough calc as to what I think PPS should be based on 1st Q sales and probable o/s. I see earnings for next fiscal to be .08 to .12 per share.Using my standard PE of 10 for forward earnings I see PPS value of .80 on up.

To say the least, my sell orders start well above .80, there is not enough profit to take a risk selling below that.

GLTA

LLH