Spongetech Delivery Systems Inc (fka SPNGQ)

[spongeboy]

Lets try 3 billion O/S for s*its and giggles and we get a PPS of .345
Mingy check the math

If we ever get the 10k we are owed and get back on OTCBB - I think 10k will show $56M sales $11M Earnings 500M O/S. This is .0224 EPS (earnings per share). A P/E of 15 gives us the PPS of .336 - If the O/S is 250M the EPS is .0448 so a P/E of 15 gives us the PPS of .672

But stocks are priced on future earnings so.....

If the PRs were true we had $70M booked for the first 3 months of the new fiscal year we are already in.....

August was $29M and $29M x 12 months is $348M without further growth and without new products (we have added 6) - Let's round in sales done by Dicon and call it $350M for "easy math" .. Earnings should be $70,000,000 -- past profit margins has been 17%-22% but could be higher with volume and the Dicon aquisition--- so we earn $70,000,000 or .14 EPS at 500M O/S

Our industry (soap)
commands a 17 P/E (but I will use 15)

If the O/S is 500M .14 EPS 15 P/E = $2.10 PPS- easy
If the O/S is 250M .28 EPS 15 P/E = $4.20 PPs- easy
If the O/S is 3 Billion .023EPS 15 P/E = $.345 PPS Easy

This grey stock is worth $.345 today as-is at 3 bilion out

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Pike bought 160 million shares for - say $.10...so.... a triple at 3billion out

he can sell at $2.00 and walk with $276,500,000

ALL I KNOW IS- Pike is a big player who cannot be ignored - he knows facts what we don't - your .0004 is wrong by 8620%