Spongetech Delivery Systems, Inc. (fka SPNGQ)

[prussian4profit]

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Large purchase orders from major U.S. and Latin America retailers

The Company is in discussions with several major retailers who are evaluating and test marketing its products. SPNG is also negotiating with a major supplier of brand name household cleaning products.

The Company has secured several orders, which together exceed $11 million, from well-known chain stores. SPNG received initial orders totaling $4.95 million from Winn Dixie, Ollie's, and Price Chopper, as well as Wal-Mart Mexico and Wal-Mart South America. The second order from Wal-Mart South America totaled $2.25 million and is scheduled for December 2008 delivery. A third order totaled $4.16 million and will ship to South America in January 2009.

http://www.otcpicks.com/spongetech/spongetech.htm

-p4p