AI
Saturday, January 30, 2010 8:35:21 PM
KLee, et al.,
Most assuredly.
Ongoing understandable accumulation.
And looking at a two-month chart one readily notes that there have been only two occasions on which money flow has made a foray into negative territory. And only very briefly so...
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=2&dy=0&id=p30332899580
The rapid ascents back to positive territory spelling out that which the faithful longs seek i.e., the advent of a breakout. The right spark/catalyst in evidence and truly serious green will emerge in the absolute. The reality of the graphical. Overall sentiment. The stage set for the truly massive upside.
The unknown factor being OTCBB status. Whether the FINRA OTC Compliance Unit is willing to listen to reason as talked about. Management being hard at work attempting to reestablish a fitting trading venue for us. And if no-go? Well, again, the opening of the info./detail floodgates under current trading venue circumstance will see a massive breakout precipitated complete with understandable follow-through. Institutional level involvement simply being not as far-reaching as would be the case were the OTCBB the trading venue reality.
As for the prospect of the MOASS?
What's most salient is the fact of there being no longer a window of opportunity to seriously impact the gullible. The undeniable emerged in full. The truth untwisted. The fact of no chance of a repeat of the June ugliness. No chance of, once again, stopping the relentless upside in its tracks. Precipitating a significant retrace. The beauty of the situation. Factoring in, of course, potential regulatory involvement on the issue. Abusive shorting goings-on. Massive phantom float. Detail remaining to be seen.
Once our coming breakout is in evidence there will be no looking back. Not as previously. Last chance situation for criminal entities to buy-in at lowest possible cost as management gets on with building a very real company. Global reality. Our Dicon subsidiary inclusive. All that's happening there.
Onward and upward.
No looking back!
A long tough road it's been for sure. But a matter, in the absolute, of a long wait well worth it. Myself, and no shortage of clear-thinking others, more than a little grateful for the opportunity to load up at lowest possible cost. Holding large. Far larger than would have been possible under circumstances of average trading levels of $0.20 to $0.2851 as an example.
And, so, thank you for that.
Naysayer bliss!
Kelly…
Admittedly there are a number of those among us routinely displaying an unfortunate degree of childishness, and worse, but also others routinely imparting a great deal of wisdom and knowledge in general to the board. Adding value. Advancing clear-thinking.
With a need, again, of bearing in mind that the filing hosted no mention, to any degree, of the targeted parties being in disagreement, to any degree, with the therein stated recommendation. No small consideration.
And from that filing we have…
'The Wells notices advised that the Commission Staff intends to recommend that the Commission bring civil injunctive actions against them alleging violations of the federal securities laws contained in Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933'
[ Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 ]
This being where the forged opinion letters bit of business comes in. That which ties into the relevant Sections of the '34 Act. From restrictive legends to freely tradable status or otherwise securities issuances 'opined' to be free from registration provisions. And we're not talking a matter of personal enrichment, of ill-gotten gain, but rather, a matter of company business plan and model implementation advancement. With it being likely that Mr. Moskowitz is more directly involved than is Mr. Metter.
There having been wrongdoing. Only a fool arguing that much. But wrongdoing amounting to that which calls for nothing more than the enforcement typical of permanently enjoining the involved parties from further violations of a similar nature combined with penalties of a monetary nature.
While, as for additional considerations, we have the fact again of, historically, the Commission only ever having taken actual enforcement action in half of the instances in which its staff recommends that action be taken. Though, having said that, there is the talked about settlement having seemingly been arrived at. The ongoing private side chatter. We shall see.
Additionally, a need of considering the separation between the targeted parties and the company itself. The post-suspension trading resumption, as per original intent, coupled with the Wells notice detail unequivocally delineating the fact of issuing company fundamental and operational realities. Top line numbers right through to the bottom line such. No call for a retraction(s) of officially presented detail. Inclusive of projections and guidance numbers. The whole of it saying all same has to/needs to. Stentorian voiced. All argument to the contrary aside.
Management being the focus. Not the issuing company.
Plain and simple.
Fundamental and operational soundness.
My vote calling for current management to remain in place. It being they, after all, responsible for that to-smile-about fundamental and operational soundness. The whole of the situation accomplished on their own dime. Others will feel differently. Wanting to move on complete with a changing of the guard.
Risk/reward being not the issue. An investment in America's Cleaning Company being a solid choice. Well-grounded.
Exactly what the mentioned settlement (if) amounts to we'll find out. And straight from the SEC's Division of Enforcement at the appropriate time.
The bottom line being that with the right spark/catalyst in evidence market level will be hurtled seriously northward.
The sought-after breakout evincing itself.
While as for OTCBB status regained and the prospect of the MOASS?
Simply enough, matters of icing on that proverbial cake.
The faithful longs winning no matter which way one looks at the whole of it.
A matter of onward and upward.
The plain and simple reality.
Massive gross undervaluation circumstance permanently amended.
Jay…
Hello to you.
Hope all is well with you and yours.
While on the subject of being cash flow positive we have a matter of operational nirvana. The for-profit company Holy Grail. Private or public. Achieving, that is, sufficient cash flows from ongoing operations to dismiss all obligations. The operational self-sustaining. Absence equity application. Absence debt load. As regards ongoing operations. Exclusive of growth/expansion requirements.
As for the referenced passage in particular?
A need of noting the involved timing. Mr. Metter's comment having arrived via PR on March 5, 2009. A 'Letter to Shareholders'.
With our being aware of the raw numbers picture for some of the subsequent quarterly operating periods. With a need again of factoring in the Dicon acquisition. Wholly owned subsidiary for us.
And recalling…
'The Company has immediately picked up approximately $10 million in revenues and approximately $1.5 million in pre-tax earning from the acquisition. Dicon currently sells various products including private label brands for multiple industries through established channels of distribution in the U.S., including traditional food, drug and mass market stores such as CVS, Walgreens, Kmart and Wal-mart as well as direct sales to large commercial clients; all of which SpongeTech® intends to immediately utilize.'
Additionally, a need of considering the ramping up of the company's marketing budget to the $20m area for fiscal '10.
Our knowing that the first three quarterly periods of fiscal '09 were associated with approximately $9m in marketing expenses. The degree to which RM Enterprises was involved in all of it. The expensing. The reality of the earnings picture in the absence of any such.
The whole of the situation discussed at length. The quality of earnings consideration. The very reason why we do so anxiously await the arrival of the coming numbers both audited and not so. Picture painted. Big picture fully emerged. And no. As previously stated we're not mindlessly looking for perfection. Harboring ludicrous expectations. What we are looking for is period-over-period improvement. Operational advancement to the point of no additional need of leaning on RM Enterprises. Capacity to dismiss all obligations internally. Advancement toward such. With there being, thankfully, a number of parties among us adept at clearly interpreting financial statements. Yours truly inclusive. Being well-experienced.
Our knowing that at the current point of operations we have a matter of a need for scaled up production capacity in order to meet ever-growing demand for the company's well-received products. Knowing, additionally, that as the raw numbers picture smilingly advances so goes the gross margins picture. The effect of synergies. Of economies of scale kicking in. An expectation flatly stated by management. Part of the bringing of new products to market picture additionally.
And Mr. Moskowitz from the NFE Conference...
"Last year we did $5.2m. This year we'll do over $40m. We should keep up with that same growth pace over the next three to five years as the products start coming out. Basically, we have about twenty-five products now. We should have one hundred by the end of 2011. The better products are still yet to come. Because we wanted to make sure, before we got into the cleaning of the kitchen and the bath ... we tested it out in cars and we tested it out on dogs before we started dealing with human beings and people in the house. So now that we know that the product works we'll be able to add it to pretty much any item in your house. Whether it be glass cleaners or cleaning the carpet or doing the dishes or doing tables. You know, mopping the floor. Those are where the big dollars in the product are and that's where our biggest gross profit margins are going to be."
It being no mean easy feat to establish a retail foothold. Dog-eat-dog goings-on. The fact of the stellar success to date speaking, in stentorian voice, as to company product line viability overall. The whole idea behind the ramped up marketing push being to drive the consumer to retail. Spurring market penetration.
And an informative read on the subject…
http://www.pr-inside.com/spongebob-a-huge-seller-public-otc-spng-www-thespo-r1440472.htm
Management targeting, as we know, a parent company product line consisting of 100 plus SKU's, 100,000 or so retail placements and $500m plus in annual gross revenues. Giving P&G an eventual run for its money.
And again...
"We've grown with very little capital."
An ongoing situation of no debt and minimalist dilutive activity.
While as for the present?
Again, the numbers are on the way. Both audited and not so. The big picture emerged in full. The undeniable.
The bottom line being that truly massive fundamental and operational strides have been made. America's Cleaning Company being far from the OTC startup/development stage typical. Being entirely atypical. The glaringly obvious. Revenues of worth as opposed to empty such. An asset base consisting of both the tangible and the not so. The whole of same coming not as a direct consequence of overwhelming debt load coupled with massive dilutive activities. The value associated with branding and name-recognition. So on. Soundness. An ideal buyout target.
The post-suspension trading resumption in concert with the Wells notice detail spelling out the reality. The telling absence of a call for a retraction(s) of officially presented detail. Projections and guidance numbers inclusive.
The days of the faithful longs being on the way in the absolute.
Understandable accumulation continuing.
Building to breakout.
The truly massive upside.
An upside as clearly seen by Daniel Pike as by all the rest of said faithful.
Holding indeed tight.
All the best to you and all others.
Most assuredly.
Ongoing understandable accumulation.
And looking at a two-month chart one readily notes that there have been only two occasions on which money flow has made a foray into negative territory. And only very briefly so...
http://stockcharts.com/h-sc/ui?s=SPNG&p=D&yr=0&mn=2&dy=0&id=p30332899580
The rapid ascents back to positive territory spelling out that which the faithful longs seek i.e., the advent of a breakout. The right spark/catalyst in evidence and truly serious green will emerge in the absolute. The reality of the graphical. Overall sentiment. The stage set for the truly massive upside.
The unknown factor being OTCBB status. Whether the FINRA OTC Compliance Unit is willing to listen to reason as talked about. Management being hard at work attempting to reestablish a fitting trading venue for us. And if no-go? Well, again, the opening of the info./detail floodgates under current trading venue circumstance will see a massive breakout precipitated complete with understandable follow-through. Institutional level involvement simply being not as far-reaching as would be the case were the OTCBB the trading venue reality.
As for the prospect of the MOASS?
What's most salient is the fact of there being no longer a window of opportunity to seriously impact the gullible. The undeniable emerged in full. The truth untwisted. The fact of no chance of a repeat of the June ugliness. No chance of, once again, stopping the relentless upside in its tracks. Precipitating a significant retrace. The beauty of the situation. Factoring in, of course, potential regulatory involvement on the issue. Abusive shorting goings-on. Massive phantom float. Detail remaining to be seen.
Once our coming breakout is in evidence there will be no looking back. Not as previously. Last chance situation for criminal entities to buy-in at lowest possible cost as management gets on with building a very real company. Global reality. Our Dicon subsidiary inclusive. All that's happening there.
Onward and upward.
No looking back!
A long tough road it's been for sure. But a matter, in the absolute, of a long wait well worth it. Myself, and no shortage of clear-thinking others, more than a little grateful for the opportunity to load up at lowest possible cost. Holding large. Far larger than would have been possible under circumstances of average trading levels of $0.20 to $0.2851 as an example.
And, so, thank you for that.
Naysayer bliss!
Kelly…
Admittedly there are a number of those among us routinely displaying an unfortunate degree of childishness, and worse, but also others routinely imparting a great deal of wisdom and knowledge in general to the board. Adding value. Advancing clear-thinking.
With a need, again, of bearing in mind that the filing hosted no mention, to any degree, of the targeted parties being in disagreement, to any degree, with the therein stated recommendation. No small consideration.
And from that filing we have…
'The Wells notices advised that the Commission Staff intends to recommend that the Commission bring civil injunctive actions against them alleging violations of the federal securities laws contained in Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933'
[ Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 ]
This being where the forged opinion letters bit of business comes in. That which ties into the relevant Sections of the '34 Act. From restrictive legends to freely tradable status or otherwise securities issuances 'opined' to be free from registration provisions. And we're not talking a matter of personal enrichment, of ill-gotten gain, but rather, a matter of company business plan and model implementation advancement. With it being likely that Mr. Moskowitz is more directly involved than is Mr. Metter.
There having been wrongdoing. Only a fool arguing that much. But wrongdoing amounting to that which calls for nothing more than the enforcement typical of permanently enjoining the involved parties from further violations of a similar nature combined with penalties of a monetary nature.
While, as for additional considerations, we have the fact again of, historically, the Commission only ever having taken actual enforcement action in half of the instances in which its staff recommends that action be taken. Though, having said that, there is the talked about settlement having seemingly been arrived at. The ongoing private side chatter. We shall see.
Additionally, a need of considering the separation between the targeted parties and the company itself. The post-suspension trading resumption, as per original intent, coupled with the Wells notice detail unequivocally delineating the fact of issuing company fundamental and operational realities. Top line numbers right through to the bottom line such. No call for a retraction(s) of officially presented detail. Inclusive of projections and guidance numbers. The whole of it saying all same has to/needs to. Stentorian voiced. All argument to the contrary aside.
Management being the focus. Not the issuing company.
Plain and simple.
Fundamental and operational soundness.
My vote calling for current management to remain in place. It being they, after all, responsible for that to-smile-about fundamental and operational soundness. The whole of the situation accomplished on their own dime. Others will feel differently. Wanting to move on complete with a changing of the guard.
Risk/reward being not the issue. An investment in America's Cleaning Company being a solid choice. Well-grounded.
Exactly what the mentioned settlement (if) amounts to we'll find out. And straight from the SEC's Division of Enforcement at the appropriate time.
The bottom line being that with the right spark/catalyst in evidence market level will be hurtled seriously northward.
The sought-after breakout evincing itself.
While as for OTCBB status regained and the prospect of the MOASS?
Simply enough, matters of icing on that proverbial cake.
The faithful longs winning no matter which way one looks at the whole of it.
A matter of onward and upward.
The plain and simple reality.
Massive gross undervaluation circumstance permanently amended.
Jay…
Hello to you.
Hope all is well with you and yours.
While on the subject of being cash flow positive we have a matter of operational nirvana. The for-profit company Holy Grail. Private or public. Achieving, that is, sufficient cash flows from ongoing operations to dismiss all obligations. The operational self-sustaining. Absence equity application. Absence debt load. As regards ongoing operations. Exclusive of growth/expansion requirements.
As for the referenced passage in particular?
A need of noting the involved timing. Mr. Metter's comment having arrived via PR on March 5, 2009. A 'Letter to Shareholders'.
With our being aware of the raw numbers picture for some of the subsequent quarterly operating periods. With a need again of factoring in the Dicon acquisition. Wholly owned subsidiary for us.
And recalling…
'The Company has immediately picked up approximately $10 million in revenues and approximately $1.5 million in pre-tax earning from the acquisition. Dicon currently sells various products including private label brands for multiple industries through established channels of distribution in the U.S., including traditional food, drug and mass market stores such as CVS, Walgreens, Kmart and Wal-mart as well as direct sales to large commercial clients; all of which SpongeTech® intends to immediately utilize.'
Additionally, a need of considering the ramping up of the company's marketing budget to the $20m area for fiscal '10.
Our knowing that the first three quarterly periods of fiscal '09 were associated with approximately $9m in marketing expenses. The degree to which RM Enterprises was involved in all of it. The expensing. The reality of the earnings picture in the absence of any such.
The whole of the situation discussed at length. The quality of earnings consideration. The very reason why we do so anxiously await the arrival of the coming numbers both audited and not so. Picture painted. Big picture fully emerged. And no. As previously stated we're not mindlessly looking for perfection. Harboring ludicrous expectations. What we are looking for is period-over-period improvement. Operational advancement to the point of no additional need of leaning on RM Enterprises. Capacity to dismiss all obligations internally. Advancement toward such. With there being, thankfully, a number of parties among us adept at clearly interpreting financial statements. Yours truly inclusive. Being well-experienced.
Our knowing that at the current point of operations we have a matter of a need for scaled up production capacity in order to meet ever-growing demand for the company's well-received products. Knowing, additionally, that as the raw numbers picture smilingly advances so goes the gross margins picture. The effect of synergies. Of economies of scale kicking in. An expectation flatly stated by management. Part of the bringing of new products to market picture additionally.
And Mr. Moskowitz from the NFE Conference...
"Last year we did $5.2m. This year we'll do over $40m. We should keep up with that same growth pace over the next three to five years as the products start coming out. Basically, we have about twenty-five products now. We should have one hundred by the end of 2011. The better products are still yet to come. Because we wanted to make sure, before we got into the cleaning of the kitchen and the bath ... we tested it out in cars and we tested it out on dogs before we started dealing with human beings and people in the house. So now that we know that the product works we'll be able to add it to pretty much any item in your house. Whether it be glass cleaners or cleaning the carpet or doing the dishes or doing tables. You know, mopping the floor. Those are where the big dollars in the product are and that's where our biggest gross profit margins are going to be."
It being no mean easy feat to establish a retail foothold. Dog-eat-dog goings-on. The fact of the stellar success to date speaking, in stentorian voice, as to company product line viability overall. The whole idea behind the ramped up marketing push being to drive the consumer to retail. Spurring market penetration.
And an informative read on the subject…
http://www.pr-inside.com/spongebob-a-huge-seller-public-otc-spng-www-thespo-r1440472.htm
Management targeting, as we know, a parent company product line consisting of 100 plus SKU's, 100,000 or so retail placements and $500m plus in annual gross revenues. Giving P&G an eventual run for its money.
And again...
"We've grown with very little capital."
An ongoing situation of no debt and minimalist dilutive activity.
While as for the present?
Again, the numbers are on the way. Both audited and not so. The big picture emerged in full. The undeniable.
The bottom line being that truly massive fundamental and operational strides have been made. America's Cleaning Company being far from the OTC startup/development stage typical. Being entirely atypical. The glaringly obvious. Revenues of worth as opposed to empty such. An asset base consisting of both the tangible and the not so. The whole of same coming not as a direct consequence of overwhelming debt load coupled with massive dilutive activities. The value associated with branding and name-recognition. So on. Soundness. An ideal buyout target.
The post-suspension trading resumption in concert with the Wells notice detail spelling out the reality. The telling absence of a call for a retraction(s) of officially presented detail. Projections and guidance numbers inclusive.
The days of the faithful longs being on the way in the absolute.
Understandable accumulation continuing.
Building to breakout.
The truly massive upside.
An upside as clearly seen by Daniel Pike as by all the rest of said faithful.
Holding indeed tight.
All the best to you and all others.
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