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  1. thetree is offline
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    Joined: Mar 2009 Posts: 291
    08-24-2009, 04:27 PM #91
    Pardon my ignorance, but can you please explain what that means to the stock and why it's big?

  2. just sirius is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 1,209
    08-24-2009, 06:15 PM #92
    Eat your heart out football fans! He's all mine!

  3. notwal is offline
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    Joined: Jun 2009 Location: Nashville, TN Posts: 97
    08-24-2009, 06:16 PM #93
    Hey Bill....can you also word up something to ask him in a "nice" way why the hell they haven't updated the pink sheets to remove the warning. Updating that alone should at least get us over .03 thx

  4. billhart22 is offline
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    08-24-2009, 06:25 PM #94
    Quote Originally Posted by notwal View Post
    Hey Bill....can you also word up something to ask him in a "nice" way why the hell they haven't updated the pink sheets to remove the warning. Updating that alone should at least get us over .03 thx
    Yes, I sure will! I think that was one of the big reasons they did the audit...but I will ask about that anyway.
    Last edited by billhart22; 08-24-2009 at 06:29 PM.

  5. billhart22 is offline
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    08-24-2009, 06:27 PM #95
    Quote Originally Posted by just sirius View Post
    Eat your heart out football fans! He's all mine!
    Just a hunk uh hunk of burning love!

  6. Skivail is offline
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    Joined: Jun 2009 Posts: 43
    08-24-2009, 07:02 PM #96
    Quote Originally Posted by ShotsII View Post
    IFSL seems to be making a move today too. Does anyone here still own it?
    Shots-

    I stayed the course... I will wait and see what happens. A lot of pumping going on at the spoke.

    I also got into symw.

    I hope we here good news from bcle!!!

  7. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    08-24-2009, 07:08 PM #97

    spng news don't skip over

    So today spng retained the accounting firm Deloitte Touche to perform their audits going forward.

    This is gigantic news because that should install tons of confidence in investors and possible suitors (buyouts) although spng likely won't seek a buyout as they are outperforming estimates..

    the company they retained is Deloitte Touche Tohmatsu (also branded as Deloitte) is one of the largest professional services firms in the world and one of the Big Four... http://www.deloitte.com/view/en_US/u...G8g!-856798973

    heeeuge !

    The day for Spng finished very very strong upwards and tons of volume...
    Last edited by imromo24; 08-24-2009 at 07:10 PM.

  8. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    08-24-2009, 07:10 PM #98
    Quote Originally Posted by thetree View Post
    Pardon my ignorance, but can you please explain what that means to the stock and why it's big?
    hey tree i think i answered this above ^^^

    to clarify a little more, there is doubt on how much money the company makes....and they just hired one of the best in the world to audit them....that means they are being honest when they publish their pr's with numbers...and the filings are accurate.

    edit: this is something all companies have to do to get on the Nasdaq...so having the best audit means Nasdaq is pretty close and thats incredible for a penny to jump to the Nasdaq...

    Todays news for spng's new corporate website means they are serious about getting larger and working hard for investors...
    Last edited by imromo24; 08-24-2009 at 07:14 PM.

  9. imromo24 is offline
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    08-24-2009, 07:23 PM #99

    spng beats estimates

    In case you skipped over above the important thing to get from the new corporate website for spongetech is that they beat estimate by 25% and could have eps of .02 and reduced shares to 500million.

    SpongeTech's® Recent Highlights
    •The Company's gross revenue for FY2009 ending May 31, 2009 exceeded $50 million, versus $5.633 million in FY2008, an 888% increase.

    estimates were $40Million

    and new orders...in 11weeks (the above was for all last year $40MM)

    •New orders booked for the first 11 weeks of FY2010 (June 1 to August 15, 2009 ) were $55 million.

  10. just sirius is offline
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    08-24-2009, 07:50 PM #100
    Romo

    I think I figured out the problem with the degreaser scrubber! Picture shows cleaning wheels...not scrubbing tires which I did...So, they get and upgrade from me to outperform(makes me feel important).

    so, don't scrub the tires with the degreasing sponge!

    The good news keeps pouring in! Can't wait for the market to digest the new info and have the stock climb into .30's and maybe settle there awhile!

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