Spongetech Delivery Systems Inc (fka SPNGQ)

[spongeboy]

Thats funny - I see a Market Cap of $153,000,000 on yahoo

where do you get ?
30-40M

sorry for the double post please dont kill me

fat finger




osted by: thewicks17 Date: Tuesday, September 01, 2009 6:52:20 PM
In reply to: loniee who wrote msg# 181653 Post # of 182058 [Send a link via email]
So Q1 had revenues of $70 million. Aug was $29 million.

Assuming 25 million average for the next 9 months (low side). We will see $300 million in revenue for 2009/2010.

Based on the 10K the company is earning over 10% straight to bottom line.

We are sitting on a $30-40 million company. If not more.

And assuming they are retiring shares. WOW!!!