Posted from another board any comments!! FUNDAMENTALS:
1. They sell high-tech sponges. Until fairly recently, they have
mostly been selling the auto sponge, but they have a pet sponge and a
Spongebob kid bath sponge. They have also just yesterday begun
shipping their anti-microbial sponge targeting the cleaning needs
associated with swine flu.**** They are developing kitchen/bath cleaning
sponges and have confirmed that they have done focus group work with
Reckitt Benckiser (Lysol) regarding a Lysol/Spongetech branded product
– and at the June 8 Noble investor conference (Noble) they indicated
that they are in late stage negotiations with the “biggest” name in
this business (and Lysol is the #1 surface disinfectant). They have
also mentioned a sunscreen sponge and some pharma applications. They
have also signed deals for the kid sponges with Viacom to do Dora and
Go Diego, as well as with MGM (Pink Panther, which is going to be
polished up and re-released). There are rumors of other kid character
sponges.
"Everything i post is only my opinion"
