Replies to post #36803 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[IronNippalz]

I agree but they cannot raise the AS which leads me to think "them there shares ain't gettin retired"!

[z4lover]

"...they need cash and the small cash flow and unknown profits they have wont go far enough to cover operations, COG , SGAE etc..."

Are you kidding? Yes they have 17k but wasn't it steve moskowitz who is taking on all the extra costs? Frankly I feel they will be just fine.

Oh and not to mention that the Sponge bob product is suppose to come out this quarter...

[trader guy]

Don't forget AR is at $10M+. Don't know if they will receive it all but it's something to think about.

Something else to consider, and I would start to consider it very seriously if they do something that starts to make me trust them a little more (like ungag the T/A), is that if they continue to grow revs as they have and still collect all of AR, they could have a blowout 3rd qtr. Just a thought.