check...out...the...news... ;D ;D ;D ;D ;D ;D ;D :D :D :D :D
SPNG is being spammed all over the bboards and churn rooms...
PLAY THIS ONE CAREFULLY!
cheers,
SJ
finally...........lows...keep..inching...up.......bought...at....045........ ;D ;D ;D ;D ;D ;D
update:
Chart very nice!!
first target 6$ cent
(http://www.hotstockland.info/components/com_ponygallery/img_pictures/20080615_1750092338_spng.jpg)
more on this pick on www.hotstockland.info we are not a promotion site!!
SPNG update:
2 Monate consolidation... when we go above 6$ cent --> target 8$ cent
(http://hotstockland.info/components/com_ponygallery/img_pictures/20080619_1875808591_spng180608.jpg)
update
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc. Reports $3.2 Million in New Revenues!
Tuesday January 27, 3:19 pm ET
SpongeTech® Receives Initial Orders for Strauss Discount Auto
NEW YORK, Jan. 27 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News), reports new revenues in excess of $3.2 million in sales from their marketing campaign running in several major cities across the U.S.. In addition, The Company has received the initial orders placed by Strauss Discount Auto.
Strauss Discount Auto is an import and domestic auto parts superstore with over 88 stores, conveniently located throughout metro New York, New Jersey, and Pennsylvania. With the opening of their new on-line Superstore, customers now have on-line access to the best selection of name brand specialty parts and accessories from the convenience of their home or office.
SpongeTech® has also received its initial orders from two other companies. First is Ollie's Stores, which has 69 retail stores locations throughout Pennsylvania, Maryland, Delaware, Ohio, Virginia, West Virginia, North Carolina and New York. Second, is LTD Commodities LLC, one of America's premier direct mail and internet marketers, who shop the world to provide the best merchandise to their consumers at tremendous value pricing, from house-wares and gifts, to toys and apparel. They provide the ultimate shopping convenience by allowing consumers to utilize their online catalog and printed catalog.
SpongeTech® COO, Steven Moskowitz said, "I am pleased with the continued positive response to our ongoing marketing campaign and very pleased that we have received the initial orders from Strauss Discount Auto, Ollie's and LTD Commodities. We keep adding quality companies to align ourselves to bring our quality products to the forefront of consumers."
For more information, please contact Investor Relations at 1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech® is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the first quarter ended August 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]--------------------------------------------------------------------------------
Source: SpongeTech Delivery Systems, Inc.
one hell of a run the last 3 days.... yesterday was quite a kick off!
.008 to current .018.
news links below
http://finance.yahoo.com/news/SpongeTechR-Delivery-Systems-prnews-14801618.html
http://finance.yahoo.com/news/SpongeTechR-Delivery-Systems-prnews-14767434.html
http://finance.yahoo.com/news/SpongeTechR-Delivery-Systems-prnews-14755482.html
http://finance.yahoo.com/news/SpongeTechR-Delivery-Systems-prnews-14623184.html
cheers,
SJ
News Out.......
Press Release Source: SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc. to Air on HSN in April
Wednesday April 1, 2009, 3:00 pm EDT
NEW YORK, April 1 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) is pleased to announce that interactive lifestyle network and retail destination HSN will be airing shows featuring SpongeTech® Car Care products beginning on April 03 2009 at 6:00AM, and at 6:00PM, April 05 2009 at 10:00AM, and again on April 14 2009 at 9:00AM, and at 6:00PM. With the car wash season approaching we feel this is a good time for SpongeTech® to get involved with HSN.
SpongeTech®'s car sponge one-step process saves you time and money and couldn't be easier: Soak the sponge and squeeze to start sudsing action, and then wash your vehicle, Rinse and you are done, wash and wax at the same time
SpongeTech's® System contains:
Car wash and wax Sponge with wash and carnauba wax built in
Detail sponge with an all-purpose cleaner and degreaser built in
A high-tech chamois to dry your car to a high shine
The car sponge is self-cleaning, so you never have to worry about dirt and mildew built-up on sponges. And it's eco-friendly and recyclable, so you don't have to worry about the environment. No need to purchase special bottles of wash and wax, no degreasers or wipes, anymore. SpongeTech® contains all the ingredients and applications your vehicle needs to achieve its luster.
SpongeTech® COO Steven Moskowitz says, "We are very excited to be appearing on HSN with our new and improved Car Care system. Being a vendor partner with HSN is new for us. They are bringing our cutting-edge products to their millions of viewers live and on their website. We are happy to be able to market our products to a new audience through this remarkable retail platform."
For more information, please contact Investor Relations at 1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech® is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the second quarter ended November 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]---------------------------------------------------------------------------------------------------------
Nice...
This stock reminds me of why I jump on a penny once in a while.
Can't complain about the last three or four days, eh?
52wk Range: 0.01 - 0.06
Volume: 127,188,245
Avg Vol (3m): 26,741,500
Market Cap: 29.26M
P/E (ttm): 2.08
EPS (ttm): 0.012
Div & Yield: N/A (N/A)
Technicals
Record Volume
Most Actives
Percentage Gainer
Last Price Quote is:
138.53%above 13-day MA
96.22%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $9.36
P/E Ratio: 0.64
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc. Reports $4.3 Million USD of New Orders This Week, That's Approximately $10 Million USD of New Orders for the Month of May to Date!
SpongeTech® Strong Re-orders from US Retailers, Combined with Robust New Order
NEW YORK, May 15 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) is pleased to announce that the company has secured an additional $4.3 million in new orders this past week starting Sunday, May 10, 2009. To date for the month of May, the Company has received approximately $10 million in new orders. This demonstrates the degree to which the products have gained momentum in the marketplace and management continues to see strength in all aspects of the business. Included within this week's new orders are two to top retailers as first time customers. These two will give us footprints in major Supermarkets Chains and Membership Warehouse Clubs to follow up on the footprints we already have in Drug Stores and Auto Centers across America. Management anticipates that the Company will report record revenues and booked orders for the month of May.
SpongeTech® COO Steven Moskowitz said, "The Company is experiencing tremendous growth and most importantly, the products have been received by the marketplace. Our strong rate of re-orders in the US, in combination with the orders from our newly established retail and other accounts, have propelled the Company to record results for the first 15 days of May. Last year at this time we were in 500 doors. This year, exactly a year later, we are in over 25,000 doors between pet auto and children's products."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company(TM).
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]
Good showing...Super volume...
Busted through the 200-Day MA. Building a solid foundation and has been since the middle of April. Company seems to be doing all the right things. Wouldn't surprise me to see it hit $0.06 in the not too distant future.
52wk Range: 0.01 - 0.06
Volume: 162,172,142
Avg Vol (3m): 45,563,700
Market Cap: 26.60M
P/E (ttm): 3.35
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Record Volume
Most Actives
Percentage Gainer
Last Price Quote is:
71.07%above 13-day MA
105.83%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $14.60
P/E Ratio: 1.66
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Here we go...
The most significant risk here is that if they grow too fast.
They could cause themselves the usual problems of such fast growth. I'm currently reviewing everything I can find in order to determine if Spongetech is using adequate financing or if they are about to overextend.
52wk Range: 0.01 - 0.06
Volume: 158,892,773
Avg Vol (3m): 45,563,700
Market Cap: 36.14M
P/E (ttm): 4.55
EPS (ttm): 0.01
Div & Yield: N/A (N/A)
Technicals
Record Volume
Most Actives
Percentage Gainer
Last Price Quote is:
111.00%above 13-day MA
168.51%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $26.60
P/E Ratio: 3.03
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc. to Air on HSN in May
On Friday May 22, 2009, 9:00 am EDT
SpongeTech® Auto Care Products Featured on the HSN
NEW YORK, May 22 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) is pleased to announce that multi-channel retailer, HSN, will be featuring the SpongeTech®'s Auto Care products next Tuesday, May 26, 2009, appearing between the hours of 3:00 and 4:00 p.m. and between 7:00 and 8:00 p.m. EDT.
SpongeTech®'s "one-step" delivery technology saves you time and money and couldn't be easier to use. The soap and carnauba wax are embedded into a hydrophilic foam product and releases when the sponge is soaked and applied to a surface with minimal pressure. Soak the sponge and squeeze to start the sudsing action, then wash your vehicle, rinse and you are done. You can wash and wax your vehicle up to 8 times with each sponge, they are self-cleaning, inhibit the growth of bacteria, earth-friendly and recyclable.
The HSN will be featuring SpongeTech®'s Auto Care 3 Pack Sponge Kit which includes:
•Auto wash and carnauba wax sponge.
•Detail sponge with an all-purpose cleaner and degreaser built in.
•A high-tech chamois to dry your car to a high shine.
"This is very exciting for the Company and we want to thank HSN for this opportunity to continue to develop our relationship with our HSN viewers," said SpongeTech®'s COO, Steven Moskowitz. "SpongeTech®'s Auto Care products are being accepted by our television viewers through the airing of our infomercials across the country, and the HSN on-air appearance will provide a perfect forum for showcasing just how easy it is to use our products."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech® is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the second quarter ended November 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected] Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected]
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech Delivery Systems, Inc. Ranked in Top 10 on This Week's Jordan Whitney Report
SpongeTech® Announces Top 10 Ranking on Jordan Whitney 'Greensheet' Report
On Thursday May 28, 2009, 9:10 am EDT
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc., America's Cleaning CompanyTM, (OTC Bulletin Board: SPNG - News), is pleased to announce that, for the week ending May 24, 2009, its product reached No. 10 on the Jordan Whitney Top 60 Direct Response Spots for the same week. SpongeTech®'s higher ranking on the Jordan Whitney Report is a result of the Company's successful national marketing campaign which includes TV commercials that are airing nationwide via cable and satellite, radio advertising and internet marketing. Due to the marketing efforts, management believes that the strong revenue and earnings growth will continue.
The Jordan Whitney Report ranks the top sixty direct response spots which sell traditional Direct Response Television ("DRTV") products directly or indirectly (excluding music offers) based upon confidential media budgets and Jordan Whitney's monitoring of national cable and selected broadcast markets. Jordan Whitney, an independent clearinghouse, is one of the industry's oldest monitoring services that provide up-to-date information on DRTV, which include infomercials, short-form DRTV commercials, the websites for these products, and the companies involved in their production and distribution. Jordan Whitney also monitors media budgets for companies that utilize cable and broadcast direct response marketing television.
"This higher ranking, climbing from Decembers' Top 20 list, confirms that our efforts via TV, radio, and web are effectively finding our target consumers," commented SpongeTech®'s COO, Steven Moskowitz. "We will continue to be aggressive in our development of new commercials and media spots to introduce our cutting-edge delivery system products across America; branding ourselves as America's Cleaning CompanyTM."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com.
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning CompanyTM.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected]
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech Delivery Systems, Inc. Reports Additional $4.75 Million USD in New Orders
SpongeTech® Received Approximately $15 Million in New Orders for the Month of May to Date
On Thursday May 28, 2009, 10:30 am EDT
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. America's Cleaning Company™, (OTCBB: SPNG - News) is pleased to announced that the Company has secured an additional $4.75 million USD in new orders last week through the Memorial Day holiday, May 26, 2009. To date, the Company has received approximately $15 million in new orders for the month of May. The Company sees continued momentum in the marketplace and with the new children's bath sponge coming out soon, management is anticipating the drive in sales should increase exponentially, as SpongeTech® leaves its footprint across America; branding itself as America's Cleaning Company™.
SpongeTech®'s COO Steven Moskowitz said, "I believe the success of a company is based on the organic growth of the company and its customer loyalty; and we have both. We are seeing our customers purchase several different products and we anticipate that they will continue to purchase new products that we bring to the market." Moskowitz continues, "As we come to the end of our fiscal year, May 31, 2009, early indications show that we will exceed our original revenue expectations this year and I want to thank everyone that has worked towards achieving this growth. The Company is constantly evolving and we will continue to inform our shareholders of any new and exciting developments."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com.
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected]
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc. Continues to Grow Portfolio in Major League Baseball
On Tuesday June 2, 2009, 9:45 am EDT
SpongeTech® Completes 14 New MLB Team Partnership Agreements, Designed to Build Awareness Among Consumers and Retailers
NEW YORK, June 2 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) today announced 14 additional strategic partnerships in Major League Baseball (MLB) with the Arizona Diamondbacks, Atlanta Braves, Baltimore Orioles, Boston Red Sox, Cincinnati Reds, Cleveland Indians, Chicago Cubs, Colorado Rockies, Houston Astros, Florida Marlins, Los Angeles Angels, Philadelphia Phillies, San Francisco Giants, and the Toronto Blue Jays.
Similar to its existing MLB team partnerships, SpongeTech® will receive a high-profile permanent outfield sign, home plate rotational signage and/or other branding and awareness mechanisms in each deal.
Additionally, SpongeTech® will receive prominent outfield wall signage in the MLB All-Star Game and Home Run Derby in St. Louis in 2009, Anaheim in 2010, and Arizona in 2011.
"These deals will enhance our brand and drive recognition among retailers and consumers," stated Steven Moskowitz, COO of SpongeTech® Delivery Systems, Inc. "As our business continues to show unprecedented growth, these programs will continue to establish SpongeTech® as a category leader."
The deals were brokered by CAA Sports, a division of Creative Artists Agency, on behalf of SpongeTech®.
SpongeTech® has also been a sponsor for the New York Yankees (MLB), New York Mets (MLB), New York Rangers (NHL), and the New York Islanders (NHL), St. Louis Cardinals (MLB), Tampa Bay Rays (MLB), and the Texas Rangers (MLB).
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company(TM).
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected] German IR Contact:
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected]
Press Release Source: SpongeTech Delivery Systems, Inc.
SpongeTech Receives Initial Order from Costco
SpongeTech®'s Car Care Products to be Sold in Costco
On Wednesday June 3, 2009, 10:00 am EDT
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. America's Cleaning Company™, (OTCBB: SPNG - News), announced today that the Company received an initial open order of its Car Care products from Costco™, the largest membership warehouse club chain in the world. This order from Costco demonstrates the wide market acceptance of SpongeTech®'s innovative cleaning products.
"We look forward to our new relationship with retail giant, Costco™," said SpongeTech®'s COO, Steven Moskowitz. "Costco has the geographic coverage, floor traffic and the demographics that are important in delivering our product to the market place on a national level. Our business continues to expand rapidly with reorders as well as new purchase orders and SpongeTech®'s products will now be more available to the public."
Costco currently operates 555 warehouses, including 408 in the United States and Puerto Rico, 76 in Canada, 21 in the United Kingdom, six in Korea, five in Taiwan, eight in Japan and 31 in Mexico. The Company also operates Costco Online, an electronic commerce web site, at http://www.costco.com and at http://www.costco.ca in Canada.
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com.
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected]
Rockin back up... 8) doing all the right things.
The Golden Cross !
52wk Range: 0.01 - 0.06
Volume: 166,146,012
Avg Vol (3m): 55,318,400
Market Cap: 40.77M
P/E (ttm): 5.13
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
49.41%above 13-day MA
111.44%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $28.55
P/E Ratio: 3.25
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Money Pants... ;D
This pup has all it's legs..Legs to stand on !
For those of you who like the penny plays, take a look at SPNG from news reports they seem to have done a full quarter's sales in May orders. Stock has moved considerably in the last 4 days and would look for a pull back. Feel they have further to go as they should swing into profit. They have also just been picked up by Costco, and the new Spongebob bath sponge for kids should be a winner when released later this quarter.
52wk Range: 0.01 - 0.10
Volume: 176,248,708........ ;D :o
Avg Vol (3m): 63,074,900
Market Cap: 72.36M
P/E (ttm): 9.10
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
88.03%above 13-day MA
208.29%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $72.36
P/E Ratio: 8.24
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
For you longs on this board...stay long and strong because you will be rewarded.
This stock will rise or fall on real performance...
Check this out !
http://investorshub.advfn.com/boards/board.aspx?board_id=7664
52wk Range: 0.01 - 0.10
Volume: 249,856,031
Avg Vol (3m): 63,074,900
Market Cap: 101.20M
P/E (ttm): 12.73
EPS (ttm): 0.01
Div & Yield: N/A (N/A)
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
162.98%above 13-day MA
331.18%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $72.36
P/E Ratio: 8.24
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
;)
updated chart look...
Get ready this Company is for real...
FIRST we have AMERICANBULLS.COM --- we all know this since early
friday morning.
AND
SECOND. CONFIRMED BUY. ON STCK MARKET ANALYSIS
Friday, June 19, 2009
Stocks to Buy June 22, 2009 6/22/09
Friday, during regular trading hours, there were many stocks that
continued to break out to the upside. Below is a list of stocks that
are worth watching for June 22, 2009.
SpongeTech Delivery Systems, Inc. (SPNG.OB) - SPNG stock continues to
drift higher after last weeks stock crash. SPNG has really stabilized
so keep an eye on it for a break above $0.17 and $0.20.
52wk Range: 0.01 - 0.29
Volume: 55,819,656
Avg Vol (3m): 86,583,400
Market Cap: 121.66M
P/E (ttm): 15.30
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Last Price Quote is:
29.03%above 13-day MA
138.80%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $122.89
P/E Ratio: 13.99
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
SpongeTech(R) Delivery Systems, Ranks #7 on Jordan Whitney Report
Press Release
Source: SpongeTech Delivery Systems, Inc.
On Friday June 26, 2009, 9:00 am EDT
SpongeTech® to Jordan Whitney's 'DRTV' Ranking
NEW YORK, June 26 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) is pleased to announce that, for the week ending June 24, 2009, its Car Care products reached No. 7 on the Jordan Whitney Top 60 Direct Response Spots for the same week.
The continued climb up the Jordan Whitney Report is a result of the Company's successful national marketing campaign which includes TV commercials that are airing nationwide via cable and satellite, radio advertising and internet marketing. The success of the strategic marketing efforts have resulted in the Company's decision to produce two additional commercials highlighting SpongeTech®'s pet sponge product and the new children's bath sponge product.
"We are very excited to be ranked #7 on the Jordan Whitney Report which monitors the success of our 'As Seen On TV' marketing campaign and we believe we will continue to climb to the top," commented SpongeTech®'s COO, Steven Moskowitz. "It is very important to effectively find our target audience and we believe that the strategic placement of our nationally viewed TV commercials have been and will continue to be a great investment. We are looking forward to the launch of our two new commercials in the near future."
The Jordan Whitney Report ranks the top sixty direct response spots which sell traditional Direct Response Television ("DRTV") products directly or indirectly (excluding music offers) based upon confidential media budgets and Jordan Whitney's monitoring of national cable and selected broadcast markets. Jordan Whitney, an independent clearinghouse, is one of the industry's oldest monitoring services that provide up-to-date information on DRTV, which include infomercials, short-form DRTV commercials, the websites for these products, and the companies involved in their production and distribution. Jordan Whitney also monitors media budgets for companies that utilize cable and broadcast direct response marketing television.
For more information, please contact Investor Relations at 1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company(TM).
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected]
SpongeTech® Delivery Systems, Inc. Reports Record Month in Orders
SpongeTech® Books Approximately $18 Million in New Orders for the Month of June
Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Monday June 29, 2009, 3:11 pm EDT
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. America's Cleaning Company™, (OTCBB: SPNG) is pleased to announced that the Company has booked approximately $18 million in new orders for the entire month of June. This is SpongeTech®'s highest recorded monthly booked orders in the Company's history. The Company sees continued momentum in the marketplace and with the new children's bath sponge beginning to hit the marketplace, management is anticipating the drive in sales should continue to increase. SpongeTech® is branding itself as America's Cleaning Company™.
SpongeTech®'s products are being ordered by various retail outlets all through North America including drugstores, supermarkets, membership warehouse clubs, and big box stores. In addition, SpongeTech® will soon begin its market penetration into Canada. The Company's Direct Response marketing program has been showing increase return on a regular basis.
SpongeTech®'s COO Steven Moskowitz said, "We are excited to report a record month!! We are experiencing an incredible response to all of our products and we continue to increase our national retail footprint daily. We anticipate additional new products to come on line and we strongly believe that our sales growth will continue at this pace."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.Investor Relations:Bill Young,
[email protected] or
[email protected] Markets GmbHToll Free: +0800 100 42 92Fon: +49 (0) 69 21 65 59 10Fax: +49 (0) 69 21 65 59
[email protected]
SpongeTech(R) Delivery Systems, Inc. to Begin Marketing Campaign in Latin America
Press Release
Source: SpongeTech Delivery Systems, Inc.
On Tuesday June 30, 2009, 10:00 am EDT
SpongeTech® Engages Omni Direct Inc. for Latin America
NEW YORK and MIAMI, June 30 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc., America's Cleaning Company(TM), (OTC Bulletin Board: SPNG - News) has today announced that the Company will begin marketing and advertising its products in Latin American. The Company will establish a Direct Response Television marketing program in various regions of Latin America. The widespread acceptance of SpongeTech®'s products in the U.S. marketplace and the exceptionally high reorder rate from existing customers and new customers has resulted in the expanding of SpongeTech®'s marketing efforts into Latin America.
The Company has retained Omni Direct Inc. to lead the marketing campaign in Latin America. Omni Direct Inc. ("Omni"), located in Miami Beach, is owned and operated by Hispanics and is a leader in direct response marketing to Hispanics. Omni will initially perform a DRTV market test for SpongeTech®'s Car Care products which will identify and assess market demand for SpongeTech®'s product as well as retail distribution opportunities in Latin America.
"We are excited to have this opportunity to expand on SpongeTech®'s existing direct response marketing campaign by creating a marketing program focusing on the Hispanic demographic," said Alex Agurcia, President of Omni Direct Inc. "The Hispanic market responds well to direct marketing and we believe that SpongeTech®'s product will do very well among the Hispanic communities here in the U.S. and in Latin America."
SpongeTech®'s COO, Steven Moskowitz commented, "We are excited to have Omni on our team. Their expertise and comprehension of the DRTV market for the Hispanic community will provide SpongeTech® an advantage as we look to increase our presence in Latin America. We have every confidence that Omni will reach our targeted audience and increase our distribution into our neighbors down south."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected] Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email:
[email protected] Omni Direct, Inc.
Denira Borrero
305-854-4181
[email protected]www.omnidirect.tv
Keep an eye out for further press releases with good income and profit news. Those should pump the price a bit.
SPNG has the best looking balance sheet for a penny stock. JMHO of course !
52wk Range: 0.01 - 0.29
Volume: 84,841,660
Avg Vol (3m): 91,046,500
Market Cap: 88.19M
P/E (ttm): 11.09
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Stochastic - Bullish
Last Price Quote is:
-9.10%below 13-day MA
39.40%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $90.07
P/E Ratio: 10.26
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
#'s
The numbers I've seen for this last quarter look very healthy!
Judging from their last 3 quarterly earnings reports the next should be soon, between July 14th and 28th
http://www.ir-site.com/spongetech/sec.asp
I see a breakout here against the Market flow.......
52wk Range: 0.01 - 0.29
Volume: 51,511,650
Avg Vol (3m): 89,887,500
Market Cap: 83.92M
P/E (ttm): 10.55
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Last Price Quote is:
-9.32%below 13-day MA
27.67%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $83.49
P/E Ratio: 9.51
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
updated chart scene...
•SpongeTech(R) Delivery Systems, Inc. Car Wash Product Featured on Fox News 'Deal or Dud Test'
PR Newswire(Thu, Jul 23)
Link...
http://linkbee.com/SPNGonFOX
SpongeTech® Delivery Systems, Inc. Take Action to Reduce Number of Authorized Common Shares to 900 Million Shares
SpongeTech® Begins Process to Lower Outstanding to Approximately 500 Million Shares
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc., "The Smarter Sponge™", (OTCBB: SPNG) is pleased to announce that the Company is taking action to amend its Articles of Incorporation to reduce the number of common shares that the Company has authorized to 900,000,000 (nine hundred million) shares. In addition, the Company has also begun the process to lower its outstanding shares to approximately 500,000,000 (five hundred million) shares.
As reported in the Company's 8-K filing on May 26, 2009, SpongeTech® amended its Certificate of Incorporation to increase its authorized common shares from 1,800,000,000 (one billion, eight hundred million) to 2,000,000,000 (two billion). The increase was to provide the Company with the ability to pursue a transaction such as the acquisition of Dicon Technologies. Subsequently, the Board of Directors had approved the acquisition of Dicon Technologies which was completed on July 9, 2009 as a cash transaction, without any shares to be issued for the acquisition and without any dilution to its current shareholders; therefore enabling the Company to take action and reduce the authorized shares substantially. Furthermore, as reported in the Company's 3rd Quarter Form 10-Q filing on April 20, 2009, SpongeTech® had 722,866,061 shares of common stock issued and outstanding and the Company is also taking action to lower its outstanding shares by 30%. The Company's actions in this regards will include the continuation of the common stock repurchase and retirement program from the open market as well as the retiring of restricted (144R) shares of common stock currently owned by the Company and its affiliates.
"We are excited to be moving quickly to complete the process of reducing both our authorized and outstanding shares as well as provide clarity," commented Michael Metter, CEO of SpongeTech®. "This significant reduction is an expression of both the progress that the Company and its innovative product lines have made to date. We are confident that there will be more advances to come in the near future with regards to our product development and penetration of what we fell is currently a targeted market that is extremely large, yet grossly underserved." Metter continues, "I have always commented that it is SpongeTech®'s commitment to shareholders to gain their trust through transparency, progress and hard work. It always has been and always will be our goal to constantly build on our shareholders confidence."
"The reduction of the Company's authorized shares is being done to assure our shareholders that we are careful and prudent with the issuance of our stock," stated SpongeTech®'s COO Steven Moskowitz. "The significant reduction in both the authorized as well as outstanding share structure will serve to further enhance our overall earnings per share and make our stock more attractive to own for both current as well as prospective investors."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge™ .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech® Delivery Systems, Inc.Investor Relations:
[email protected] or
[email protected] Markets GmbHToll Free: +0800 100 42 92Fon: +49 (0) 69 21 65 59 10Fax: +49 (0) 69 21 65 59 11Email:
[email protected]
SpongeTech(R) Delivery Systems, Inc. to Air on QVC...
NEW YORK, Jul 23, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc., "The Smarter Sponge(TM)", (SPNG, Trade ) is pleased to announce that QVC will be featuring SpongeTech(R)'s Uncle Norman's(TM) Pet Sponge on its "Happy Hour" program which is expected to air on July 24, 2009 at 6 pm ET.
QVC will feature SpongeTech(R)'s Pet Care Product, Uncle Norman's(TM) Pet Sponge, the "one-step" pet bath sponge that allows you to bathe your dog, cat or horse with much less hassle. Uncle Norman's "4 in 1" Pet Sponge is embedded with a gentle shampoo, coat conditioner, odor inhibitor, and 42 special massage bumps to assist the effectiveness of the bath; providing a thorough gentle cleaning for your pet. More importantly, each sponge can be used 8 times or more, depending on the size of your pet. These ingredients are embedded into a hydrophilic foam product that inhibits the bacterial growth in the sponge. Uncle Norman's(TM) Pet Sponges are earth-friendly and recyclable too.
SpongeTech(R)'s COO Steven Moskowitz said, "We are thrilled to be back on with QVC for their Happy Hour program. Our products are being accepted by our television viewers through the airing of our infomercials across the country and we are excited that QVC will introduce our product to additional viewers nationwide."
QVC is a multi-national corporation specializing in televised home shopping, broadcasting in four major countries to 141 million consumers; revenues generating over $7 billion in international and domestic sales. QVC broadcasts in the US via cable and satellite TV 24 hours a day, 364 days a year to 90 million homes.
SpongeTech(R)'s Uncle Norman's(TM) Pet Sponge will be available through QVC at 1-800-345-1515 or www.QVC.com .
For more information, please contact Investor Relations at 1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE: SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
[email protected] or
[email protected] or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
[email protected]
Corporate Evolutions Announces New Client Iconic Brands,...
GREAT NECK, N.Y., Jul 23, 2009 (BUSINESS WIRE) -- Corporate Evolutions, Inc., a boutique investor relations firm that specializes in corporate communication for small-cap companies, today is proud to announce its newest client, Iconic Brands, Inc. ("Iconic") (ICNB). Iconic develops, markets and distributes the highest quality, celebrity branded alcoholic beverages by capitalizing on the ability to procure superior and unique products from around the world and brand the products with internationally recognized celebrities. For more information on Iconic, please visit: www.iconicbrandsusa.com
Iconic's mission is to be the industry leader in brand development, marketing, and sales of the highest quality alcoholic beverages by capitalizing on our ability to procure superior and unique products from around the world; leveraging their relationships with internationally recognized celebrities to add value to an already extraordinary product and create brand awareness in unbranded niche categories. Current brands include globally recognized actor, comedian, producer, and director, Mr. Danny Devito and his Limoncello, NFL's premiere former defensive lineman, Tony "Goose" Siragusa and his YO Vodka and Hall of Fame MLB player, Johnny Bench and his 5 Year Old Scotch Whisky.
Corporate Evolutions currently represents emerging small-cap companies including SpongeTech(R) Delivery Systems Inc. (SPNG, Trade ), Kentucky USA Energy, Inc. (KYUS, Trade ), Nevada Gold Holdings, Inc. (NGHI, Trade ) and NXT Nutritionals, Inc. (NXTH, Trade ). For more information on these companies, please visit: www.corporateevolutions.com
About Corporate Evolutions, Inc.
Headquartered in Great Neck, New York, Corporate Evolutions, Inc. is the ultimate concierge service in the financial industry. Corporate Evolutions, Inc. specialize in providing a multi-faceted suite of services custom designed to each of our client's needs in order to increase market awareness and facilitate corporate growth. Specializing in corporate communications, Corporate Evolutions, Inc. works in close partnership with our clients to achieve maximum presence in the Wall Street community by leveraging our existing relationships with our broad based network of broker-dealers, fund managers, and Investment funds.
For more information visit: http://www.corporateevolutions.com/
Disclaimer
Some statements may contain so-called "forward- looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made herein. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Corporate Evolutions, Inc. undertakes no obligation to update such statements. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Corporate Evolutions is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.corporateevolutions.com or mentioned herein.
SOURCE: Corporate Evolutions, Inc.
Corporate Evolutions, Inc., 516-482-0157
[email protected]
The updated chart scene...
•SpongeTech® Delivery Systems, Inc. Authorizes Increase in Stock Buyback Program to 150 Million Shares.
52wk Range: 0.01 - 0.29
Volume: 148,079,216
Avg Vol (3m): 95,243,300
Market Cap: 112.69M
P/E (ttm): 12.04
EPS (ttm): 0.011
Div & Yield: N/A (N/A)
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
35.32%above 13-day MA
56.47%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): $95.71
P/E Ratio: 10.90
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
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SpongeTech(R) Delivery Systems, Inc. Expands its Marketing...
NEW YORK, Aug 20, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (SPNG) today announced that the Company has signed an agreement with Leading Points Corporation to market and sell SpongeTechs' products to various government and military agencies. The Company will expand its marketing initiative to utilize key military e-commerce sites aimed at gaining traction with a military demographic consisting of 34 million members; members include active duty personnel, reservists, guard members, retirees, and veterans. Leading Points will further assist the Company in developing a marketing and sales strategy for the military and government sector as well as developing key licensing partnerships such as the Green Bridge Industries production, marketing and distribution of SpongeTech Stain Remover Pens.
Founded and led by Lieutenant Colonel Kevin Sullivan U.S. Army (Retired), Leading Points' concept involves drawing on established relationships and continuously building new ones among buyers and management of the military and the government. They are considered the experts in matters of securing placement of their clients' products in the military exchange store distribution channel as well as special promotions to the military community. The company is headquartered in Centennial, Colorado. For more information on Leading Points Corporation: www.leadingpoints.com .
"I look forward to working with SpongeTech in marketing their products among the military and government sectors, both billion dollar markets. I believe SpongeTechs' products will capture the attention and interest among millions of Americans within these sectors," stated Kevin Sullivan, President of Leading Points Corporation.
"Working with Leading Points provides the Company with an important opportunity to tap into two huge markets, the government and the military. We believe that our products could be quite useful for active duty personnel as well as provide their family members with a variety of our innovative products to used at home," commented SpongeTech's COO, Steven Moskowitz. "We believe this will be a successful venture and we look forward to the expansion of our distribution channel."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com .
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE: SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
1-877-776-6438
[email protected] or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
[email protected]
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An FLKI Board Member asked :
"I have heard that Falken was in talks with a company called Sponge-Tech (SPNGE). This company is currently under SEC investigation and I am concerned about my investment. I don't want to be scammed."
This is my reply to: howarde the author of the question.
Before responding to you, I've taken a careful look and spoken unofficially to a number of people which I believe in the know i.e. industry officials, trade officials etc including the communications director at FLKI.
Falken has officially not confirmed nor denied talks, but that was addressed to the "rumor" that organic styled talks were going on with two Fortune 500 which obviously would lead to a likely acquisition of FLKI.
Note however that people who know the company also know that its management has a voracious appetite for its innovative independence and that that management believes that being acquired by a major would drive Falken ingenuity into the doldrums as witness the three companies which compete with it and are owned by majors.
I believe that it is the historic strategy of management to stay independent which of course caused the rampant profit taking in FLKI that you have witnessed over the last month, crashing it to only 400% over the starting point and as of yesterday confirming this bottom - I have called the bottom at 19 cents and am not likely to be proven wrong.
By the way even when pushed, the communications officer maintained that the official position of the company is that it will not confirm or deny that talks are continuing relating to the strong interest of (he slipped on that one) three major companies.
Going to your Spongetech SPGN concerns, you should have none. While Spongetech quite smartly apparently did enter into talks (because in appearance the synergies are incredibly good), and a manufacturing proposition was possibly submitted by FLKI, it was on a money up front basis, and at a very long arms lenght. Knowing FLKI as well as I do, there is no way it will proceed during an investigation (and even less so during a suspension of trading on incredibly inflated SPGN shares), and assuming SPGN is cleared - though its reputation is forever tarnished as we know from the rules of this game - without perceiving and extracting a heavy price from SPGN.
You absolutely have nothing to worry about any rumor involving SPGN as far as I can tell if the investment you speak of is an investment in FLKI, which between you and the lamp post I propose will double by the end of the year - in fact I'd say you should add some with a .204 cent bid picking up all the stragglers under .19 and the .19.
I hope this is responsive to your question.