Replies to post #181996 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[spongeboy]

HOW CAN YOU SAY THIS IS BAD NEWS -


Sales are up 900%%
DUH



Posted by: tradinglong Date: Tuesday, September 01, 2009 6:12:07 PM
In reply to: eagle01 who wrote msg# 181966 Post # of 181999 [Send a link via email]
Gee sounds like bad news to me
FORM 12b-25

NOTIFICATION OF LATE FILING


(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof? Yes |X| No |_|

If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.

Both our sales and net income for the year ended May 31, 2009 increased. Sales
for the year ended May 31, 2009 were approximately $50,000,000 compared to
$5,633,084 for the year ended May 31, 2008. As a result, our net profits for the
year ended May 31, 2009 also increased to approximately $11,000,000, compared to
$1,244,455 for the year ended May 31, 2008.