Replies to post #235672 on Spongetech Delivery Systems Inc (fka SPNGQ)

[sponge_digger]

The 1st sentence is "Sports Teams Awaiting Spongetech Audit" clearly different. But let me ask you a question because I know you have common sense:

If you handled advertising space and there was more supply than demand and you desperatly cut deals with an agressive negotiator because you were losing money by the day. Times where scary and economy EXTREMELY unstable so you dump the ad space for .20 cents on the dollar with a clause for either party to cancel after first year.

Then the Economy seemingly pics up (enough to at least double the value of the ad space)... what would you do?

No brainer. Ax the .20 cents on the dollar and sign a .40 or .60 (or more)

I can not see that being any other situation. The news was clevery slipped into an article involving a wounded fish.

I could be wrong... but I dont think I am

[pantherj]

Not that it matters, but in the infomercial business you really need a return of 3 to 1 on every dollar of advertising. Conceivably, you could break even at 2 to 1, but that would be the exception.