Replies to post #181653 on Spongetech Delivery Systems Inc (fka SPNGQ)

[sammyboypa]

?? From the PR... "The tremendous growth that the Company is experiencing this quarter has been partially due to increased commercial demand for out complete line of medical and household cleaning products from school systems as well as sporting venues"

Did i miss the PR that said they were now selling to school systems and sporting venues? Or is my head tilted the wrong way?

[DustinMBA]

If we weren't obsessed with the 10k being today, I do believe that this news would have exploded today. We may need to thank this news story from keeping us from having a slippery slope today.

[caltrader]

So Q1 had revenues of $70 million. Aug was $29 million.

Assuming 25 million average for the next 9 months (low side). We will see $300 million in revenue for 2009/2010.

Based on the 10K the company is earning over 10% straight to bottom line.

We are sitting on a $30-40 million company. If not more.

And assuming they are retiring shares. WOW!!!