O/T I said that everyone even if you bought at 08 highs are going to make a lot of money. It was and is only a matter of time before eps and growth takes this to over 20 cents. Oh wait I think buyers of SPNG already know that. Even at 7 to 8 million they will do this year in profits that is still small vs how big next few years will be. They will do that profit level for 09 and with few products and few major retail store sales.
Wait until they really get going big in retail and have over 20 products they plan to.
Let's not forget also deals to sell name brand cleaners company the sponges to create new product lines for them with this delivery sponge vs plastic bottles.
The rumored Lysol deal of 50 million is just one of many to come.
I suggest people when in stores go look at all the cleaners and lotions sold in plastic bottles or squeeze tubes.
That should tell you how big market is for the sponge. This company is still only starting the marathon that it takes to become a big company from small. Be thankful for how long you could get in this early and cheap. Not ever going to find many small companies with bigger market or future then SPNg will have.
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