Replies to post #154711 on Spongetech Delivery Systems Inc (fka SPNGQ)

[overachiever]

It looks like another voice of reason has joined the fray.

The accounting issues are more than merely suspect. One could forget about the forged legal opinion letter problem (or fraud to be blunt) and focus entirely on the laughable financial filings and know this stock is one step from a permanent grave.

[SRV-90]

So the fact that they doubled their ad budget means nothing?

The fact that they cometely sold out of the new spongebob means they're broke from it?

Wow, thanks for clearing that up for us. Truly appreciate your effort

[z4lover]

Or maybe it is not the company has trouble collecting the cash but is continuing to get large orders in which they can not turn their cash over quickly enough. However AR is not getting much larger q over q which shows they are collecting on their orders. And AR isn't increasing at an alarming rate in which your posts would infer.

The chart that was given to you in this link explains this and was in response to this statement of yours however rather than explain why it is a negative issue you ignore the link in which I provided and explain the issue of which the link was in response to..

Good luck..

[rdailey4]

Yeah, you're right, you said it before.

[ROB]

Can you provide me with the link or information that SpongeTech
has Autozone as a new or old customer. I never knew that Autozone was a retailer for the Sponge.