what is out there is that their products are just about everywhere. And that where any of the products are sold, that there are the highest satisfaction rates by all reviewers. That their ads are on radio, Nick TV for kids, and that the official roll out of spongebob probably has not even taken place yet, but the Spongebob sponge is selling everywhere.
The July purchase of Dicon for $4m is a goldmine of products, with 40 products of its own, which are now spng's. Also with purchase of Dicon, spng owns all patents to its technology.
It's "not" the sponges or soap, it IS the INFUSION process. Which can be adapted to any and all products. Including medical sponges for bacteria safe environments in hospitals, for kitchens -- sink, dishes,floor, etc; bathroom.
In spng's lawsuit for trademark infringement vs that spongeibles company, spng included included in its allegation filed in US District Court of its financial results for 2009, which coincide the numbers it has discissed. over $50m rev., and $11m profits. I doubt that SM wants to sign the complaint under penalty of perjury and have those numbers be wrong in Federal Court. And apng's attys -- who are the best -- would not allow any pleading to affect its standing with the Federal Court Judges.
I am confident on the outcome of spng. That I at least have to remain patient, wait for the filings to come out, and all this negative posting by those opposed to spng -- day after day, by same posters who have no position in spng whatsoever proves they are here for a reason that is not at all alteristic. These negative posters have their motives to keep hammering spng to force people to have doubts about their investment or get people to sell. IMO
I remain calm, have been a S/H fir quite a while, have not sold one share and will hold until they file whatever they will file. That is my position and comments about spng.