Good luck Bill, would be nice for you to be rewarded hereQuote:
Originally Posted by billhart22
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Good luck Bill, would be nice for you to be rewarded hereQuote:
Originally Posted by billhart22
Bill, I got another 50K at 2 cents. Did you pick up anymore?Quote:
Originally Posted by billhart22
Nah guys, I didn't pick anymore up....however, there is always tomorrow! .02 is a great price. I am just trying to be stingy.
Anyway, it was a suck day....even the sponge got squeezed, lol. :rolleyes:
HUNTINGTON BEACH, Calif., Sep 22, 2009 (BUSINESS WIRE) -- Bio-Clean
International, Inc. (Pink Sheets: BCLE) (www.biocleaninternational.com)
announced today that the Company's affiliated entity, American Bio-Clean
Corporation (www.americanbioclean.com), a Service-Disabled Veteran-Owned Small
Business (SDVOSB), has delivered one of its proprietary parts cleaning machines
with cleaning fluids to Fort Carson located in Colorado Springs, Colorado.
John P. Finn, Executive VP and a Director of Bio-Clean International and
President of American Bio-Clean Corporation, stated, "The Environmental Division
at Fort Carson reviewed and approved the Company's bio-remediation fluid for use
on this major Army post. After an extensive environmental review, they believe
it is safe and meets all of the stringent military base requirements for
replacement of their numerous existing weapons and parts cleaning system that no
longer meet hazardous waste regulations. Our fluids and parts washers, which are
compliant with new `green' regulations for a safe environment for maintenance
personnel, have been in use by Department of Defense for over ten years. This
opportunity at Fort Carson could be the first step in replacing all of the parts
washers and fluids requirements for the Department of the Army inasmuch as ABC
has an exclusive Nation Stock Number for our parts washers and fluids."
Mr. Finn went on to say, "The delivery of this first parts cleaning machine is
very exciting for the Company and is a dynamic first step in increasing
business. Our approach to a `clean' system of protecting the environment, while
providing a safe and efficient cleaning product, puts us ahead of many
competitors who still use a solvent instead of an aqueous based product. Our
cleaning product has no hazardous waste stream which is now a requirement of the
Federal Government."
About Bio-Clean International, Inc.
Bio-Clean International, Inc. recognizes the problems facing our environment.
Our exclusive, non-toxic, bio-remediation fluids provide an environmentally-safe
solution. Our exclusive products and machines have been tested and shown to be
in complete compliance with environment regulations, in other words,
"Cleantech".
Our majority-owned subsidiary, American Bio-Tech Cleaning, Inc. (ABT), designs
and manufactures customized parts and weapons washing/cleaning systems that are
eco-friendly, using a water-based cleaning fluid integrated with a
self-contained bio-remediation process. We also own a minority interest in
American Bio-Clean Corporation (ABC) (www.americanbioclean.com) which markets
and distributes our cleaning fluids and parts/weapons cleaning machines. ABC is
a Service-Disabled Veteran-Owned Business (SDVOB) that is certified and meets
the Federal-mandated 3% minority spending requirements. Similar mandated
spending requirements adopted by most states vary from 3% to 20%. Additionally,
many private sector companies have targeted goals for suppliers.
We also maintain a minority interest in Veterans Training Corporation (VTC)
which is also a SDVOB business based in Southern California and provides a wide
range of training programs for a variety of clients including the U.S.
Department of Defense. In addition, VTC provides training programs for the
private sector such as its OSHA safety-training programs for the construction
industry.
For more information about Bio-Clean International, Inc. please visit our
website, http://www.biocleaninternational.com.
A number of statements referenced in this Release, and any other interviews that
have been made, are forward-looking statements, which are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995,
and within the meaning of Section 27A of the Securities Act of 1933 and Section
21B of the Exchange Act of 1934. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, and goals, assumption of future events or performance
are not statements of historical fact and may be "forward-looking statements."
Forward-looking statements are based on expectations, estimates and projections
at the time the statements are made that involve a number of risks and
uncertainties which could cause actual results or events to differ materially
from those presently anticipated. Forward-looking statements in this action may
be identified through the use of words such as "expects," "will," "anticipates,"
"estimates," "believes," or statements indicating certain actions "may,"
"could," or "might," occur. Such statements reflect the current views of the
company's management with respect to future events and are subject to certain
assumptions, including those described in this release. These forward-looking
statements involve a number of risks and uncertainties, including the timely
development and market acceptance of products, services, and technologies,
competitive market conditions, successful closing of acquisition transactions
and their subsequent integration, the ability to secure additional sources of
financing, the ability to reduce operating expenses, and other factors described
in the Company's filings with the Pink Sheets. The actual results that the
Company achieves may differ materially from any forward-looking statements due
to such risks and uncertainties. The Company does not undertake any
responsibility to update the "forward-looking" statements contained in this news
release.
SOURCE: Bio-Clean International, Inc.
CONTACT:
Bio-Clean International, Inc.
Tammy D. Dunn, COO
Tel: 714-373-1990
Fax: 714-373-1991
E-mail: ir@biocleaninternational.com
Copyright Business Wire 2009
-0-
KEYWORD: United States
North America
California
Colorado
INDUSTRY KEYWORD: Manufacturing
Chemicals/Plastics
Environment
Defense
Contracts
Wow, I started the morning filled with hope and optimism and I ended up with a bunch of RED!!! HOPE never works
No specific #'s on the size of the contract or what the monetary value is. Is this one of those BIG gov't contracts we've been waiting for??Quote:
Originally Posted by billhart22
I picked up QASP again today at .02 today...I figure .01 is the worse case scenario and the upside is the blue sky. I don't know what to make of these BCLE PRs, seems like we wont get any stability above .02 until something with $$$$$ is announced. Usually when I start to think about stocks the opposite happens so maybe we go to .08 tomo with this news :) I'm still upset they ignored you Bill which I took personal lol
http://www.youtube.com/watch?v=UPw-3e_pzqU
[omit needless words];)
Ramsey
Disclaimer: Yep, maybe I won't sell this one *just yet*...
btw: The May 18 spike to .165...if memory serves, wasn't *that* due solely to a PR that they had become affiliated with the disabled vet guys?
[QUOTE=billhart22;51893]HUNTINGTON BEACH, Calif., Sep 22, 2009 (BUSINESS WIRE) -- Bio-Clean
International, Inc. (Pink Sheets: BCLE) (www.biocleaninternational.com)
announced today that the Company's affiliated entity, American Bio-Clean
Corporation (www.americanbioclean.com), a Service-Disabled Veteran-Owned Small
Business (SDVOSB), has delivered one of its proprietary parts cleaning machines
with cleaning fluids to Fort Carson located in Colorado Springs, Colorado.
I picked up some QASP today too. I got filled at .0198 with about 20min left in the day. hopefully I can get a quick 50% on it
Update from Spongetech to Shareholders
Again, please share your thoughts!
SpongeTech® Delivery Systems Announces Release of Letter to Shareholders to Update Investors on Company Achievements and Strategy
Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Tuesday September 22, 2009, 3:36 pm EDT
Buzz up! 4 Print.Companies:SpongeTech Delivery Systems, Inc.
NEW YORK--(BUSINESS WIRE)--SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNGE - News) announced today that the Company’s CEO and COO had written a letter to shareholders updating them regarding the company’s progress and growth plans. The letter is posted on the Company’s website and is reproduced below:
Related Quotes
Symbol Price Change
SPNGE.OB 0.10 -0.01
{"s" : "spnge.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Dear Shareholder,
We want to address various questions many of you have asked over the past few weeks and to share with you our plans to grow the business and create shareholder value.
Since the beginning of fiscal 2009, we have transformed SpongeTech from an early-stage company with limited brand awareness and distribution reach to a company selling a broadened portfolio of products through multiple distribution channels supported by a host of very successful marketing campaigns and promotional activities. We are proud of the progress we’ve made and have many plans to continue to expand our business.
As you know, we have not yet filed our Form 10-K for our company’s fiscal year 2009, which ended May 31, 2009. The requirement that caused the delay – that our new independent auditor, Robison, Hill & Co., retained as a result of the resignation of our previous auditor, Drakeford & Drakeford, LLC, due to the revocation of Drakeford’s registration by the Public Accounting Oversight Board, must re-audit our financial statements for fiscal 2008 – is as frustrating to us as it is for you, our shareholders. While we realize it would be helpful to offer you an estimated filing date, our current independent auditors have asked us to give them the flexibility to do a thorough job, and we are working with them to complete the necessary steps as quickly as possible. We have retained Deloitte & Touche beginning with the fiscal year 2010 to serve as our accountants. We also decided to cancel our previously announced reverse stock split until after the Form 10-K for fiscal year 2009 has been filed. In the meantime, we will use this letter to bring you up to date on our many accomplishments during fiscal 2009, ended May 31, 2009,and our actions and plans to accelerate SpongeTech’s growth in fiscal 2010, ending May 31, 2010.
Acquisitions/Investments
•We acquired Dicon Technologies, LLC on July 9 for $4.5 million in cash plus approximately $0.5 million of working capital that we assumed upon closing the transaction to further vertically integrate SpongeTech’s research, development and manufacturing processes. Dicon Technologies specializes in research and development of products derived from hydrophilic urethane chemistry.
•We have agreed to invest approximately $4 million in GetFugu, a technology company focused on developing mobile search tools. Terms of the deal are being finalized and, subject to the successful completion of our due diligence, we expect to announce the completed transaction by the end of calendar 2009. Our investment resulted from GetFugu’s successful customization of its mobile-based web search and e-commerce technology for SpongeTech. We plan to use GetFugu’s ground-breaking, carrier-agnostic mobile phone-based technology to drive more traffic to our already-successful on-line store website, www.spongetech.com. We are currently on GetFugu’s beta site.
Expanded Product Offering
•We added a Child Care product line to our portfolio of reusable cleaning products for Car Care, Home Care, Medical Care and Pet Care usages. To date, we have developed 33 product SKUs using our technology in these market segments.
•We launched SpongeBob SquarePants soap-filed bath sponges for kids in partnership with Nickelodeon and Viacom Consumer Products.
•As a result of the Dicon acquisition, we added 40 products for use in the cosmetics, footwear and medical markets, bringing our product portfolio to a consolidated total of 73 items. The new products include Dryz Intellitemp, a patented hydrophilic matrix that regulates temperature, provides antimicrobial protection and uses Super Absorbent Polymer (SAP) to manage moisture. This material is currently being used by several leading footwear and sports equipment manufacturers.
•We have developed a Pink Panther-themed product under a licensing arrangement with MGM Consumer Products and expect to roll these products out by the end of calendar 2009.
Extended the Company’s Distribution Reach
•With the purchase of Dicon in July 2009, Spongetech increased our consolidated distributor/customers during the first quarter of fiscal 2010, which encompasses June 2009 through August 2009) by 55 accounts. This is a 27% increase in new accounts since the end of our fiscal year 2009.
•We have shipped products to CVS Caremark, Kroger, Petco, PetSmart, Ace Hardware, Walgreens and other supermarkets and convenience stores. During the first quarter of fiscal 2010, we received orders from customers, including BJ’s Wholesale Club, ShopRite and Cosco.
•We signed a licensing agreement to partner with Nickelodeon & Viacom Consumer Products to create SpongeBob SquarePants soap-infused bath sponges in the U.S. and Canada.
•We presented our products on QVC and Home Shopping Network and continue to explore possibilities with them.
•We signed agreements to license the SpongeTech name with two manufacturers of cleaning products: Green Bridge Industries for the sale of the SpongeTech® Stain Remover Pens; and Organic Products Solutions for home care, car care and industrial/commercial cleaning products.
•We enhanced our e-commerce site to make it more convenient for people to purchase our products online.
Boosted Marketing and Promotional Activities
•We expanded our sports sponsorship portfolio by entering into agreements with 26 Major League Baseball teams for the 2009 season and 8 National Football League teams for the 2009-2010 season.
•We were also a sponsor of the United States Tennis Association and its premier event, the 2009 US Open, and are working on return on investment strategies to complement our sports marketing initiatives.
•We are continuing our nationwide advertising campaign, which includes TV and radio spots, print ads, retail store flyers, professional sports sponsorships and ads, internet advertising, and charitable functions. During 2009, our marketing campaign was ranked in the top 10 list of advertisements by the Jordan Whitney Report and the Infomercial Monitoring Service, Inc. (IMS) Report.
Since the end of fiscal year 2009, we have seen increasing re-orders from existing customers, strong sell-through rates and growing enthusiasm for our products as we continue to penetrate new distribution channels and create greater awareness for our products. Whereas two years ago, SpongeTech was a company with less than $10 million in revenue, we expect to report approximately $50 million in revenue for fiscal 2009.
In fiscal 2010, we are continuing to expand our distribution reach and, aided by our acquisition of Dicon and its strong R&D capabilities, introduce new products. To further raise brand awareness of The Smarter Sponge™, we plan to significantly increase our marketing and advertising budget. A portion of this budget will be used to attend a greater number of trade shows, including the Specialty Equipment Market Association show for the first time, Licensing International Expo, Automotive Aftermarket Products Expo, Global Market Development Center’s General Merchandise Marketing Conference and other national and regional shows. We also plan to enhance the packaging of our products.
We will also continue to extend our distribution reach by adding new distributors, including SpongeTech Europe, which we formed in August 2009 to enhance our already-strong presence in that market. In addition, we plan to leverage Dicon’s established channels of distribution including food, drug and mass merchandise stores such as CVS, Walgreens, Kmart and Wal-Mart and also to sign new licensing arrangements. By the end of fiscal 2010, we expect to have secured product placement in over 100,000 retail doors nationwide. Finally, using our enhanced research and product development capabilities, we plan to move forward more aggressively to expand our product offering particularly in our Home Care, Pet Care and Car Care product lines. For example, as part of our license agreement with Nickelodeon & Viacom Consumer Products, we are putting the finishing touches on a product for the Nickelodeon character, Dora the Explorer.
In closing, our goal remains to establish SpongeTech as a first-class global consumer goods company known for its innovative products, creative marketing and promotional campaigns, and distribution strength. We appreciate your keen interest and support for our products and business and look forward to reporting our fiscal 2009 results as soon as possible.
Michael Metter, Chief Executive Officer
Steven Moskowitz, Chief Operating Officer