Replies to post #35289 on Spongetech Delivery Systems Inc (fka SPNGQ)

[OldTymer]

eelfland, I'm glad you're not a business owner...
Would you just as soon they sell shares and blow the money in Las Vegas, or sell shares so they can make sure they can pay for the manufacturing of the sponges so they can have them shipped out to their clients? Based on their revenues, if they have been selling shares for cash, it should be kind of obviious as to what they are using the money for? Or does someone have to draw you a picture with a crayon? LOL! Good grief.

[Shawn Carter]

This is too funny to me. Revenues increase, net profit increase

PPS to follow

If they didn't sell shares, whats the point of being public?

[biomanbaba]

I understand dilution.....explain to me why these lawyers were willing to take shares for services?
"On July 16, 2008, the Company issued an aggregate of 2,253,436 shares of common stock to Sichenzia Ross Friedman Ference LLP as compensation for legal services rendered to the Company."
I guess you think they are fools who dont understand dilution?
give me a fxing break