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Opinion on  Spongetech Delivery Systems Inc. (SPNG)
Sponge Bob

Sep 01, 2009 06:14 PM GMT
Return Risk
+1.14% LOW
Analyst

I do not put to many messages on this board, but when I do I think I might have a great one. Please tell me what any of you reading this thinks; THAT MEANS YOU TO JIM CRAMMER, BIG BOUYA TO YA FROM KEY WEST
FLORIDA. Watching Mad Money I know  Crammer likes Sears who is know representing SpongeTech products one in particular The new Sponge Bob Square Pants Sponge with many more products available.

Company Background

Spongetech Delivery Systems, Inc. designs, produces, markets and distributes cleaning products for vehicular use utilizing technology relating to sponges containing hydrophilic, or liquid absorbing, foam polyurethane matrices and other technologies. Its products can be pre-loaded with detergents and waxes, which are absorbed in the core of the product then gradually released during use. It has designed and is conducting additional research and development for products and applications using hydrophilic technology and other technologies for kitchen and bath, health and beauty, auto, medial and pet use. In July 2009, the Company expanded its operation into Europe, forming SpongeTech Europe. In July 2008, the Company incorporated six wholly owned subsidiaries, Spongetech Kitchen & Bath, Inc., Spongetech Health & Beauty, Inc., Spongetech Auto, Inc., Spongetech Medical, Inc., Spongetech Pets, Inc. and America's Cleaning Company. In July 2009, the Company acquired Dicon Technologies

Here this, not only is Sears in the mix, so is the NFL Huge.

Latest News Headlines for Spongetech Delivery Systems Inc

More football, major league baseball, raceing, the us open. Check It Out below. 

Latest News Headlines for Spongetech Delivery Systems Inc

Tuesday 09/01/2009 11:30 AM ET - Businesswire
<!-- 163 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announced that the Company has booked approximately $70 million in orders during the first quarter of FY '10; having another record month bringing in approximately $29 million in new orders for the month of August compared to July's orders of approximately $23.5 million. As SpongeTech has matured its sales and distribution channels, we can now appreciate a "seasonal effect" on the demand for our specialized products. Our fiscal Q1 which occurs between June and August is typically the timeframe for winter and holiday season pre-orders from retailers. The tremendous growth that the Company is experiencing this quarter has been partially due to increased commercial demand for out complete line of medical and household cleaning products from school systems as well as sporting venues. We feel that this demand is likely in response to the high level of awareness surrounding the upcoming flu season in the northern hemisphere.

 

Monday 08/31/2009 9:15 AM ET - Businesswire
<!-- 101 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), today announces that the Company's product line will be featured in the upcoming 2009 Sears Wish Book catalog in Canada. The catalog will feature SpongeTech's innovative reusable cleaning products including SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Care Kit, Tub & Tile Cleaner, Uncle Norman(TM)'s Pet Sponge and Pet Bowl Cleaner. The products will also be featured and available online at www.sears.ca. In addition to the Wish Book catalog, SpongeTech's products will also be available in 120 Sears retail locations in Canada under the "As Seen On TV" product line.

 

Friday 08/28/2009 6:28 PM ET - Businesswire
<!-- 100 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announce today that the Company is a new associate sponsor for Sarah Fisher Racing ("SFR") in the PEAK Antifreeze & Motor Oil Indy 300 at Chicagoland Speedway this weekend. Sarah Fisher, with SpongeTech in tow, will make her 7th start at Chicagoland Speedway on Saturday, August 29, 2009. This will be the last time her No. 67 Dollar General car will be used as the primary car, as Fisher was recently surprised with a backup car by one of her associate sponsors, Hartman Oil.

 

Wednesday 08/26/2009 2:00 PM ET - Businesswire
<!-- 85 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), announced today that the Company has established a relationship with the United States Tennis Association ("USTA") and its premier event, the 2009 US Open, August 31 to September 13, 2009. Building upon existing Major League Baseball and National Football League partnerships, the US Open will provide SpongeTech new international sports appeal. The Company will receive premium courtside signage at the Arthur Ashe Stadium in New York and an on-site product kiosk on the grounds.

 

Wednesday 08/26/2009 8:31 AM ET - Globenewswire
<!-- 34 -->

 

Globalequityreport.com announces an investment report featuring SpongeTech Delivery Systems Inc. The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

 

Monday 08/24/2009 9:15 AM ET - Businesswire
Sunday 08/16/2009 10:27 AM ET - Close-up Media
Spongetech Delivery Systems Inc SPNG:OTC Bulletin Board Market
Education help is ON
<table width="100%"> <tbody> <tr> <td class="info"> 0.21 </td> <td class="info"> Arrow Down -0.0030 </td> <td class="info">   </td> <td class="info"> -1.41% </td> <td class="info"> 76,925,186 </td> <td class="heading">   </td> <td class="sGryTxt"> Last Trade as of 1:36 PM ET 9/1/09 </td> <td width="175"> Trade Add to Watchlist </td> </tr> <tr> <td class="heading" width="80"> Last </td> <td class="heading"> Change </td> <td class="heading">  /  </td> <td class="heading" width="90"> % Change </td> <td class="heading" width="85"> Volume </td> <td class="heading"> S&P Ranking </td> </tr> </tbody> </table>
Set Alerts

Latest News Headlines for Spongetech Delivery Systems Inc

Tuesday 09/01/2009 11:30 AM ET - BusinessWire
<!-- 115 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announced that the Company has booked approximately $70 million in orders during the first quarter of FY '10; having another record month bringing in approximately $29 million in new orders for the month of August compared to July's orders of approximately $23.5 million. As SpongeTech has matured its sales and distribution cha

Monday 08/31/2009 9:15 AM ET - BusinessWire
<!-- 105 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), today announces that the Company's product line will be featured in the upcoming 2009 Sears Wish Book catalog in Canada. The catalog will feature SpongeTech's innovative reusable cleaning products including SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Care Kit, Tub & Tile Cleaner, Uncle Norman(TM)'s Pet Sponge and Pet Bowl Cleaner. The produc

SpongeTech(R) Delivery S
Spongetech Delivery Systems Inc SPNG:OTC Bulletin Board Market
Education help is
Sector:
<table width="100%"> <tbody> <tr> <td class="info"> 0.21 </td> <td class="info"> Arrow Down -0.0030 </td> <td class="info">   </td> <td class="info"> -1.41% </td> <td class="info"> 76,925,186 </td> <td class="heading">   </td> <td class="sGryTxt"> Last Trade as of 1:36 PM ET 9/1/09 </td> <td width="175"> Trade Add to Watchlist </td> </tr> <tr> <td class="heading" width="80"> Last </td> <td class="heading"> Change </td> <td class="heading">  /  </td> <td class="heading" width="90"> % Change </td> <td class="heading" width="85"> Volume </td> <td class="heading"> S&P Ranking </td> </tr> </tbody> </table>
ON Consumer/Non-Cyclical Industry: Personal & Household Prods. Set Alerts

Latest News Headlines for Spongetech Delivery Systems Inc

Tuesday 09/01/2009 11:30 AM ET - BusinessWire
<!-- 115 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announced that the Company has booked approximately $70 million in orders during the first quarter of FY '10; having another record month bringing in approximately $29 million in new orders for the month of August compared to July's orders of approximately $23.5 million. As SpongeTech has matured its sales and distribution cha

Monday 08/31/2009 9:15 AM ET - BusinessWire
<!-- 105 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), today announces that the Company's product line will be featured in the upcoming 2009 Sears Wish Book catalog in Canada. The catalog will feature SpongeTech's innovative reusable cleaning products including SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Care Kit, Tub & Tile Cleaner, Uncle Norman(TM)'s Pet Sponge and Pet Bowl Cleaner. The produc

Friday 08/28/2009 6:28 PM ET - BusinessWire
<!-- 120 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announce today that the Company is a new associate sponsor for Sarah Fisher Racing ("SFR") in the PEAK Antifreeze & Motor Oil Indy 300 at Chicagoland Speedway this weekend. Sarah Fisher, with SpongeTech in tow, will make her 7th start at Chicagoland Speedway on Saturday, August 29, 2009. This will be the last time her No.

Wednesday 08/26/2009 2:00 PM ET - BusinessWire
<!-- 109 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), announced today that the Company has established a relationship with the United States Tennis Association ("USTA") and its premier event, the 2009 US Open, August 31 to September 13, 2009. Building upon existing Major League Baseball and National Football League partnerships, the US Open will provide SpongeTech new international sports appeal. The

Wednesday 08/26/2009 8:31 AM ET - GlobeNewswire
<!-- 33 -->

 

Globalequityreport.com announces an investment report featuring SpongeTech Delivery Systems Inc. The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

 

Monday 08/24/2009 3:44 PM ET - BusinessWire
<!-- 114 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) today announced and filed a Form 8-K, that the Company has retained Deloitte Touche LLP ("Deloitte") as the Company's independent registered public accountants for the May 31, 2010 financial statement audit. Deloitte's engagement will become effective upon the filing of the Company's Form 10-K for the year ended May 31, 2009. Deloitte has

Earlier Headlines -
<table width="100%"> <tbody> <tr> <td> 0.21/ 5000

Bid /Size (OTC BB)

</td> <td class="tableSpacer" width="5">   </td> <td> 0.2104/ 5000

Ask /Size (OTC BB)

</td> <td class="tableSpacer" width="5">   </td> <td> 0.2001

Price Open

</td> </tr> <tr> <td> 0.213

Previous Close

</td> <td class="tableSpacer">   </td> <td> 0.214

Day High

</td> <td class="tableSpacer">   </td> <td> 0.2001

Day Low

</td> </tr> <tr> <td> --

Beta (5yr)

</td> <td class="tableSpacer">   </td> <td> 0.2851/ 6/12/09

52wk High/Date

</td> <td class="tableSpacer">   </td> <td> 0.0060/ 3/17/09

52wk Low/Date

</td> </tr> <tr> <td> 151.8 Million

Market Capitalization

</td> <td class="tableSpacer">   </td> <td> 722.9 Million

Shares Outstanding

</td> <td class="tableSpacer">   </td> <td> 194.50

Volatility Avg (20 day)

</td> </tr> <tr> <td> 90.0 Million

Avg Vol (10 day)

</td> <td class="tableSpacer">   </td> <td> NM

P/E Ratio

</td> <td class="tableSpacer">   </td> <td> 0.00

EPS (TTM)

</td> </tr> <tr> <td>

Spongetech Delivery Systems Inc does not pay dividends.

</td> </tr> </tbody> </table>

PDF Reports for Spongetech Delivery Systems Inc

ystems Off to the Races with Sarah Fisher at Chicagoland Speedway Summary News Charts Options Fundamentals Insiders Earnings Financials SEC Filings
1day  |  5day  |  6mo  |  1yr  |  5yr Advanced Charts SpongeTech(R) Delivery Systems, Inc. Reports Record Booked Orders of $70 Million during the First Quarter of FY '10 Spongetech(R) Products Featured in 2009 Sears Wish Book Catalog Reaching Over 3.5 Million Homes SpongeTech(R) Delivery Systems Off to the Races with Sarah Fisher at Chicagoland Speedway SpongeTech(R) Delivery Systems to Be Prominently Featured at the 2009 US Open Globalequityreport.com Announces An Investment Report Featuring SpongeTech Delivery Systems Inc. SpongeTech(R) Delivery Systems, Inc. Retains Independent Registered Public Accountants, Deloitte Touche LLP view recent headlines
Friday 08/28/2009 6:28 PM ET - BusinessWire
<!-- 120 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) is pleased to announce today that the Company is a new associate sponsor for Sarah Fisher Racing ("SFR") in the PEAK Antifreeze & Motor Oil Indy 300 at Chicagoland Speedway this weekend. Sarah Fisher, with SpongeTech in tow, will make her 7th start at Chicagoland Speedway on Saturday, August 29, 2009. This will be the last time her No.

Wednesday 08/26/2009 2:00 PM ET - BusinessWire
<!-- 109 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), announced today that the Company has established a relationship with the United States Tennis Association ("USTA") and its premier event, the 2009 US Open, August 31 to September 13, 2009. Building upon existing Major League Baseball and National Football League partnerships, the US Open will provide SpongeTech new international sports appeal. The

Wednesday 08/26/2009 8:31 AM ET - GlobeNewswire
<!-- 33 -->

 

Globalequityreport.com announces an investment report featuring SpongeTech Delivery Systems Inc. The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

 

Monday 08/24/2009 3:44 PM ET - BusinessWire
<!-- 114 -->

 

SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG - News) today announced and filed a Form 8-K, that the Company has retained Deloitte Touche LLP ("Deloitte") as the Company's independent registered public accountants for the May 31, 2010 financial statement audit. Deloitte's engagement will become effective upon the filing of the Company's Form 10-K for the year ended May 31, 2009. Deloitte has

Earlier Headlines - view recent headlines
<table width="100%"> <tbody> <tr> <td> 0.21/ 5000

Bid /Size (OTC BB)

</td> <td class="tableSpacer" width="5">   </td> <td> 0.2104/ 5000

Ask /Size (OTC BB)

</td> <td class="tableSpacer" width="5">   </td> <td> 0.2001

Price Open

</td> </tr> <tr> <td> 0.213

Previous Close

</td> <td class="tableSpacer">   </td> <td> 0.214

Day High

</td> <td class="tableSpacer">   </td> <td> 0.2001

Day Low

</td> </tr> <tr> <td> --

Beta (5yr)

</td> <td class="tableSpacer">   </td> <td> 0.2851/ 6/12/09

52wk High/Date

</td> <td class="tableSpacer">   </td> <td> 0.0060/ 3/17/09

52wk Low/Date

</td> </tr> <tr> <td> 151.8 Million

Market Capitalization

</td> <td class="tableSpacer">   </td> <td> 722.9 Million

Shares Outstanding

</td> <td class="tableSpacer">   </td> <td> 194.50

Volatility Avg (20 day)

</td> </tr> <tr> <td> 90.0 Million

Avg Vol (10 day)

</td> <td class="tableSpacer">   </td> <td> NM

P/E Ratio

</td> <td class="tableSpacer">   </td> <td> 0.00

EPS (TTM)

</td> </tr> <tr> <td>

Spongetech Delivery Systems Inc does not pay dividends.

</td> </tr> </tbody> </table>

PDF Reports for Spongetech Delivery Systems Inc


SPNG:  This call was made on 09/01/09 @ $0.0
Rating:   Positive   $0.0 (09/01/09)
Closed:   09/02/2009 @ $0.0 ( n/a) in 18 hours)
Target:   $8.00 (n/a) in > one year


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