Replies to post #314401 on Spongetech Delivery Systems Inc (fka SPNGQ)

[1jk1]

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.


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http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6783800 **SCROLL DOWN TO BOTTOM OF PAGE!!! OT,i also thought this was interesting didn't say SUBJECT TO AUDIT!! www.spongetechinc.com

[Christy from Google]

Easy refund, if trustee beats the SOL. They would go to jail for embezzlement, not tax fraud.

IMHO, but again, I believe the sales are solid.