for sure. I definetly agree.
this is back from June 9th
SpongeTech® Delivery Systems, Inc. Announces Estimated Gross Revenues
for Fiscal Year 2009 Exceeding $50 Million
June 9, 2009 12:26 PM ET
Business WireAll Business Wire news
SpongeTech® Delivery Systems, Inc., America’s Cleaning Company™,
(OTCBB: SPNG - News), today announced that its Fiscal Year ending May
31, 2009 gross revenues have exceeded $50 million with record
profitability of approximately $10 million pre-tax. The revenues
generated during the 4th quarter were substantially higher than any
other quarter in the Company's history. SpongeTech® expects robust
revenue and earnings growth to continue into Fiscal Year 2010 and
beyond. The exact results for both Fiscal Year 2009 and the 4th
Quarter shall be released in its Annual Report on Form 10-K at the end
of August 2009.
"We had an exceptional 4th Quarter, which resulted in a great Fiscal
Year 2009,” commented Spongetech® CEO, Michael Metter. “The estimated
gross revenues of $50 million far exceeded our expectations and we
look forward to an even stronger year ahead as we continue to release
new products.
The Annual Ended May, So June and July's sales will be for Fiscal Year
2010...
June Sales & Revenue: $18.0 MIL
July Sales & Revenue: $ 23.5 MIL
Aug Sales & Revenue: > $25.0 MIL (Est.)
The newest of news dwarfs this like none other. SPNG will smoke all 09' Earnings by greater than 25% within the first quarter
of the new fiscal year. There will also be less outstanding and
Authorized shares, as well as new vendors... U can't go wrong with any
price right now in buying spongetech.
$0.0 (08/01/09)
