Very kind.
Thank you.
Spino…
The answers being always in the details. And stringing those answers together one arrives at the big picture. The view from the inside.
Uranium/OT...
Of the NCM Initial Listing Requirements there are both core and non-core considerations. The minimum Bid price requirement being non-core. NASDAQ being open to making concessions. And same story as regards Continued Listing Requirements. An example being the recent concessions made relative to the global economic downturn. Another being a similar set of concessions made following the 9/11 tragedy.
Of the requirements, in full, it's pps circumstance that most well lends itself to a successful argument being made.
The confirmation I've referenced recently coming by way of certain of the faithful longs having entertained recent discussion with company IR. Sharing the gist of the conversations with the rest of us. Two recent posts submitted to the Yahoo! board. Company IR speaking to the uplisting intent. The seeking of a waiver of the initial listing pps requirement. The path that management is very justifiably taking.
Sherry…
Very kind.
Thank you.
And you're most welcome.
Carey…
Our redoubtable leaders being of an in-general promoter's nature. Proceeding accordingly. It being they the sole reason for the stellar raw fundamental and operational numbers to date. The stellar rate of growth/expansion. The stellar bottom line success. Second guessing any of management's maneuvering to date carries no justification. Had managerial maneuvering to date met with a less than stellar outcome? And a far different story. But so far? There's none of us can argue with the stellar outcome.
Brilliant maneuvering.
Inclusive of keeping dilutive activities down to a bare minimum. Inclusive of maintaining the parent company as debt-free.
The OTC atypical to the nth degree.
No arguing whatsoever.
None.
Peter...
We've a management team upon whom there's no moss growing whatsoever. Firing constantly on all cylinders. Getting the job done.
The PR telling of the BoD having voted to seek the uplisting dating back to May 7th.
And from that PR...
'In addition, SpongeTech(R) will undertake the corporate actions necessary for SpongeTech(R) to meet the quantitative and qualitative requirements for the listing application to be approved. SpongeTech(R) currently meets most of the financial listing requirements with the exception of stock price.'
And then coming the NFE Conference presentation and the meeting with NASDAQ. Market level soaring at the time. And if the 'black' Friday ugliness hadn't happened?
Where would market level current be?
Management should simply hand victory over to miscreants? To criminals? Those who so rudely interrupted the early June run-up proceedings? The twisting of reality routine?
Where would market level currently be in the absence of the lies and deceit/distortion?
Management should alter longer-term company goals in light of?
It being not a difficult concept.
It's a plain and simple case of being grossly undervalued. Where market level would currently be were it a matter of the natural market forces of supply and demand reigning supreme. No manipulative activities in evidence from any source/sources.
The fiscal '09 financials to very soon be posted. The needed audited numbers. The reason for the lengthy wait from early May.
There's none of us could have anticipated the short and distort goings-on. The whole of it taking all involved by surprise. And there'll be no handing of victory over to gutter trash. Parties having successfully temporarily interrupted the serious upside, but being now at a loss, as said serious upside reemerges. Stronger than previously.
Our current run-up just getting started. No chance, whatsoever, for a twisting of reality repeat. Management to prepare and submit the Listing Application.
The fact of America's Cleaning Company simply belonging upstairs.
Stellar raw fundamental and operational numbers. Stellar rate of growth/expansion. Stellar bottom line results. Stellar forward periods picture. Inclusive of the expectation of 100 SKU's by EOY 2011.
The pps issue to become a nonissue as our current run-up gains understandable momentum. The rest of the story having been discussed at length. Inclusive of our not knowing at just and exactly what price point/points we'll see massive buy-in activity.
The uplisting, in and of itself, propelling market level northward to a truly massive degree. The NASDAQ folks to get with the program. The seeing of the pps light.
Not a difficult concept.
The current condition of the NCM, in general, factored in. The huge number of delistings. The pps concessions. The rest of it. The waiver appeal to succeed in the absence of all doubt. Conditional listing granted. And on from there.
With there being a world of difference between a pre-listing buyout and a post-listing such.
As for raw share structure numbers?
The financials we await will, for extremely obvious reason, be stuffed to those proverbial gills with as much current info./detail as possible.
That which simply fits.
America's Cleaning Company simply belonging upstairs.
And Mr. Metter...
"The time has come for us to move off the Bulletin Board."
As capable and competent a management team as one could ask for. Hosting no end of smarts.
A team to be truly proud of.
Getting the job done.
The bringing of value.
The seriously bankable variety.
The reemerged upside to gain understandable momentum.
Solid week of green ahead.
Management firing on all cylinders.
And all the best to you and all others.
AI
