Company: SPONGETECH DELIVERY SYSTE ... (SPNG) Form Type: NT 10-K Filing Date: 9/1/2009 CIK: 0001201251
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.