Replies to post #167173 on Spongetech Delivery Systems Inc (fka SPNGQ)

[cashdenuts]

O yea, nasdaq another Pr, what ever happened there? nothing, maybe in 5 years, also has anyone seen sponge bob? I know he is at ace hardware, but he must be getting tired inthat walmart dist center.

[risk54]

Extrapolate what's going on here to 10k 2010

70 million in sales per quater {conservitive}

280 million in revenue for 2010

55 million in earnings (realistic)

200 million shares outstanding (we know the company is going to retire rme. this 200 million doesn't factor in more buy backs)

25 cents earnings for 2010 x 10 pe is a $2.50 pps.

This not only realistic but extremley conservitive. So relax and enjoy the ride