Spongetech Delivery Systems Inc (fka SPNGQ)

[riverandfold]

Looking at Yahoo's numbers, nothing has changed on the Income Statement. I can verify that their Profit Margin % stayed exactly the same as it was before. I calculated the Profit Margin after the Feb 28th Q end taking the Net Income from the previous 4 quarters divided by the Revenue from the Previous 4 quarters. (Q-ending May-2008 thru Feb-28 2009)

The Profit margin is still exactly the same at 16.96%

River~