Market Watch for week of 8/17/2009

[imromo24]

ramsey try this link it may take you right to my posts http://siriusbuzz.com/forum/search.php?searchid=197421 for spng

[Ramsey]

You Rock, Romo...Rockin' Romo...Rockin' the SpongeTech...

You're a good man. I appreciate your time and information!

I'm getting that *Crocs* feeling...and I like it!

Ramsey

Ramsey quick off the cuff summary...

started in 1999
did a ton of renaming the company and changing images
they sold product to Turtle Wax....rev's were in the 10k's
2000 something they stopped selling stuff and focused on R 'n D
2008 had like 6 customers
2009 exploded, started getting million $$ orders.
They increased shares a couple times (ticked the real longs off)
...but the shares were to buy Dicon Technologies
Didn't need the shares because the cash turned positive so they bought Dicon with Cash money (my favorite)
Immediately got increase of rev from Dicon to tune of $10MM

Dicon this is a must read... http://www.dicontechnologies.com/ especially their partners.
Dicon makes "DRYZ" shoe inserts which absorb moisture and turn it a gel that keeps wetness down and eliminates odor, very highly rated among users.

Orders for 1Q 2010 are $18MM in June, $23.5MM in July, already $13.5MM in August to date. Estimates for 2009 were $40MM and will be beaten.

Advertising with Tampa Bay Bucs, CLev. Brwns, Cinci Bengals and Jets in NFL.

Many MLB teams.

NHRA

They sell in Walgreens, CVS, Costco (biggie), BJ's wholesale, Shop Rite Kroger, etc etc (see the video post earlier)

They advertise on howard stern and the next day announced a million new orders.

Most recently in July announced a more robust outstanding share buyback down to 500MM minimum and 900MM A/S.

The CEO and COO are also buying shares on the open market, upwards of millions of shares (18MM??)
They are Cash flow positive with no debt.

thats off the top of my dome..

[imromo24]

oops, forgot to add in the brain splilling the most important thing...spng has submitted for review to get on the NASDAQ, they passed all the tests except for PPS.

[imromo24]

I'm getting that *Crocs* feeling...and I like it!

Ramsey

your('re) welcome, no prob...


being cash flow positive with increasing revenue is really kind of a gold mine...

The CEO says he sees the company with $500MM revenue in 3 years.

Please God give me the strength to hold some shares for 3 years! (maybe 2, lol)

[SiriMonkey]

i hope your good...and im succesful (and of course your('re) successful)

You know it.

Julie

[Ramsey]

That's just beautiful! Er..what I mean is that is BEAUTIFUL!!!

your('re) welcome, no prob...


being cash flow positive with increasing revenue is really kind of a gold mine...

The CEO says he sees the company with $500MM revenue in 3 years.

Please God give me the strength to hold some shares for 3 years! (maybe 2, lol)

[imromo24]

Good Evening Everyone and congratulations on any of your recent winning stocks....this should be a good weekend for some research so DYODD and have fun...

Allow me to introduce myself
I have a Bachelor of Science in Civil Engineering from Michigan State University....

Now enough about me...here's my basement...

IMG_8560.jpg

I built the bar myself and hooked up the entire home theater after 6 months of research.

[imromo24]

By the way, that picture is from about 30' away from the TV...

heres the stereo system 600 Watts for the front 3 channels and a 350W 12" subwoofer...

never mind heres a picture of my dog as a baby

[SiriMonkey]

Good Evening Everyone and congratulations on any of your recent winning stocks....this should be a good weekend for some research so DYODD and have fun...

Allow me to introduce myself
I have a Bachelor of Science in Civil Engineering from Michigan State University....

Now enough about me...here's my basement...

IMG_8560.jpg

I built the bar myself and hooked up the entire home theater after 6 months of research.

BEAUTIFUL work, Romo That's an awesome set up you have!


Julie

Bella is beautiful, like her name implies. What kind of dog is she,
is she much bigger?

[imromo24]

thanks.......