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July 2008
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Profile on Spongetech Delivery Systems Inc. (SPNG)
Profile : Spongetech Delivery Systems Inc. (SPNG)
Quote Data : Spongetech Delivery Systems Inc (SPNG)
| Last Trade: |
0.0495 |
| Last Size: |
0 |
| Trade Time: |
00:00 |
| Change: |
+0.0000 (+0.00%)
|
| Prev Close: |
0.0495 |
| Open: |
0.0000 |
| Volume: |
0 |
|
|
|
| Bid: |
0.0000 |
| Ask: |
0.0000 |
| Bid x Ask Size: |
0x0 |
| Day's Range: |
0.00 - 0.00 |
| 52wk Range: |
0.01 - 0.12 |
| P/E (ttm): |
N/A |
| EPS (ttm): |
0 |
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Yahoo! Chart - SEC Filings
Insider Transactions - Balance Sheet |
Business Summary : Spongetech Delivery Systems Inc. (SPNG)
Spongetech Delivery Systems, Inc. engages in the design, production, marketing, and distribution of hydrophilic polyurethane sponge cleaning and waxing products primarily for vehicular use in the United States. The company utilizes patented technology relating to sponges containing hydrophilic, which are liquid absorbing, foam polyurethane matrices. Its product portfolio comprises specially configured sponges containing an outer contact layer and an inner matrix; children's bath foam sponge with a safe mesh coating, which prevents tearing; and household cleaning sponges infused with anti-bacterial bath and kitchen soaps. The company was founded in 1999 and is based in New York, New York.
Latest Newsletter Editions on SPNG
Tue, Jun 17, 2008 @ 07:50 am
We've got two big news items from two of our small cap stocks today. I think one of the announcements should get the stock past a weakening resistance line once and for all. The other announcement was something I pretty much saw coming, based on the the company's publicity history. If they maintain the...
Thu, Jun 5, 2008 @ 07:20 am
In a blog entry yesterday I was explaining why I felt SpongeTech Delivery Systems (OTCBB: SPNG) was on the verge of a breakout. The resistance at the 4.9 cent level has been under attack for some time now, and the attack has been getting stronger (on higher volume). In fact, SPNG hit 5 cents yesterday...
Mon, May 26, 2008 @ 11:49 am
Happy Memorial Day everyone. I hope all of you are enjoying your time off and able to spend some time with family and friends. It's a day off for me as well, but there were a couple of things I wanted to convey while we weren't too distracted by other things. (Besides, I'm somehow able to get a lot more...
Tue, Apr 29, 2008 @ 11:18 am
Just when I think a company can't possibly raise their own bar any further, I'm proven wrong. No complaints - I know a lot of you already own SpongeTech Delivery Systems, so you stand to benefit from the latest news. I think for those of you who don't own SPNG yet, you may want to after today. After...
Thu, Apr 24, 2008 @ 08:14 am
Form whatever opinion you want about earnings season and how individual companies have performed. One thing I think we can all agree on though is this - it's been one heck of a fireworks show so far. Though yesterday afternoon wasn't the grand finale, it was still pretty spectacular. Apple, Amazon, Starbucks...
Click Here For More Newsletters on SPNG
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Latest Blog Entries on SPNG
Wed, Jun 4, 2008 @ 12:13 pm
Did you see it? Did you see where our bulletin board stock pick SpongeTech Delivery Systems (SPNG) touched new multi-month highs today? OK, you probably didn’t. Visually, it’s almost imperceptible on a chart.
The stock hadn’t traded above 4.9 cents in months, though it had reached that high a handful of times in recent weeks. Today [...]
Tue, May 27, 2008 @ 01:16 pm
An e-mail we received today reminded me to remind all of you that we invite any and all inquiries. Our focus is small cap stocks, but if there’s a burning question all of our readers can learn from, send ‘em on. You can send us an e-mail, but if it’s just as easy, you’re always [...]
Thu, May 22, 2008 @ 07:36 am
Another $4.9 million in orders? Yep - small cap company SpongeTech Delivery Systems (SPNG) just announced a big order from three buyers…two in Central/South America, and one on the east coast of the United States. By my count, that brings the 12-18 month sales forecast up towards something around $27 million for SpongeTech. And, if my figures [...]
Tue, May 20, 2008 @ 06:48 am
Spongetech Delivery Systems (SPNG) has turned into a marketing juggernaut. What makes this small cap company different than other marketing juggernauts is that they’re spending $1 to make $2….not the other way around. Per today’s news release, now they’re on track to draw revenue from coast to coast (plus Alaska and Hawaii). How so? They’ve [...]
Tue, May 13, 2008 @ 07:18 am
We already mentioned this a few days ago, but if you and your 12-or-under kid happen to be heading to Shea Stadium tonight to watch the Mets play the Washington Nationals, you might want to get their before 7:10 p.m.
Why? Tonight is SpongeTech Delivery System’s (SPNG) ‘Promotional Day’. The first 12,000 kids age 12 or [...]
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Disclosure
Disclaimer:
TGR Group, LLC has been paid a fee of $30,000 cash and 750,000 shares of newly issued restricted stock by Spongetech Delivery Systems Inc. for coverage of the Company. Additionally, one of the managing Members of TGR Group, LLC has purchased 150,000 shares of Spongetech Delivery Systems, Inc. in the open market with an average cost basis of $.035 cents per share.
Current Position as of 06/27/08:
750,000 shares of restricted stock
Total Dollars Liquidated as of 06/27/08:
$3,728.74
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Recent News Headlines
Fri, 27 Jun 2008 13:28:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced that today it has signed a seasonal sports advertising contract for radio advertising time beginning today June 27, 2008 at 2:00 pm and ending October of 2008 for broadcasts on WCBS of the New York Yankees. Wed, 25 Jun 2008 13:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced today that the company will be presenting the Mets and Yankees manager report on Sports Radio 66 WFAN, a division of CBS Corp. Tue, 24 Jun 2008 13:40:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announces they are now giving away 50,000 of their cutting-edge, biodegradable quick wash and wax sponges! Again, as part of SpongeTech®'s strategy to continue their national brand awareness, this is a FREE give-away for Independence Day. Wed, 18 Jun 2008 13:10:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 9:24 a.m. Tue, 17 Jun 2008 13:40:00 Etc/GMT SpongeTech® Delivery Systems, Inc. a company focused on the design, production, marketing, and distribution of cleaning products for home care, car care, pet care, and health and beauty aids, utilizing patented technology relating to hydrophilic sponges, announced today the company has engaged R.F. Wed, 11 Jun 2008 13:40:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce they are now giving away an additional 10,000 of their cutting-edge, biodegradable quick wash and wax sponges. The FREE give-away is part of SpongeTech®'s strategy to continue their national brand awareness and to 'Thank the Dads' out there. Mon, 9 Jun 2008 13:40:00 Etc/GMT SpongeTech® Delivery Systems, Inc. SpongeTech® has signed an agreement with the Yankee Entertainment and Sports Network. Fri, 6 Jun 2008 19:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced that they will be a sponsor of the Joe Girardi Report on the Mike and the Mad Dog Radio Show on WFAN-AM today. The Mike and the Mad Dog Radio Show broadcasts daily Monday through Friday from 1:00 to 6:30 p.m. Fri, 6 Jun 2008 13:20:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce they are now giving away an additional 10,000 of their cutting-edge, biodegradable quick wash and wax sponges. The FREE give-away is part of SpongeTech®'s strategy to continue their national brand awareness and to 'Thank the Dads' out there. Thu, 5 Jun 2008 14:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. has had a lot of activity in the past several months and we want to take the time to update our shareholders on some of our recent accomplishments and delve a little into what they can expect moving forward in the next few quarters. Wed, 4 Jun 2008 13:10:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 11:54 a.m. Fri, 30 May 2008 19:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced that they will be a sponsor of the Joe Girardi Report on the Mike and the Mad Dog Radio Show on WFAN-AM beginning today. Fri, 30 May 2008 18:04:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced today that they received a new additional order from S A Trading for Wal-Mart South America. Thu, 29 May 2008 13:10:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 11:24 a.m. Fri, 23 May 2008 19:29:00 Etc/GMT SpongeTech® Delivery Systems, Inc. started a new campaign by initiating coupon inserts for its Auto Wash & Wax System. Thu, 22 May 2008 14:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced today that they received initial orders from three well-known east coast chain stores -- Winn Dixie, Ollie's, and Price Chopper, as well as Wal-Mart Mexico, including Wal-Mart South America. Wed, 21 May 2008 13:10:00 Etc/GMT SpongeTech® Delivery Systems, Inc. is pleased to announce that its CEO and President, Michael Metter, will be interviewed today on Steve Crowley's American Scene Radio Show at 11:24 a.m. Tue, 20 May 2008 13:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. started airing a new commercial for its Auto Wash & Wax System this week. The commercial is running on a variety of cable and satellite channels nationally. Fri, 16 May 2008 19:00:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced today that they will be a sponsor of Straw's Key, which debuts tonight on the SportsNet New York cable network. Fri, 16 May 2008 13:29:00 Etc/GMT SpongeTech® Delivery Systems, Inc. announced that they will be a sponsor of the Willie Randolph Report on the Mike and the Mad Dog Radio Show on WFAN-AM beginning today.
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Latest Company Profile Blogs
Tue, Jul 1, 2008 @ 11:56 am
You don’t need me to tell you half of the trading battle is timing. Owning a great company isn’t enough anymore - picking the right stocks at the right time is critical to making any real money in this business. With that in mind, three charts caught my eye in Monday.
One of them won’t surprise [...]
Fri, Jun 27, 2008 @ 05:58 am
Most of you will know we’ve been paying close attention to micro cap stock Spicy Pickle (SPKL) over the last few days. A major support line at 83 cents was broken this week, and we watched SPKL sink to a low of 69 cents as a result. If that number rings a bell, it may [...]
Thu, Jun 26, 2008 @ 11:31 am
As I’ve always stressed, we review and respond to all questions. Sometimes we even answer them in a public forum if we think it would be a good thing for everybody to know. Yesterday we got such a question via e-mail….it was the perfect time to explain to everybody how this site works. Our reader said…..
I [...]
Recent Newsletter Editions
Wed, Jul 2, 2008 @ 05:07 am
Voyant International has made its way back on our radar, not for one reason, but two. One of the reasons was well publicized, but frankly, the one that wasn't publicized is the one that's got my motor running ....because it's the one with near-term 'put money in my pocket' potential. First things first...
Sat, Jun 28, 2008 @ 09:19 am
I feel a little bit like Larry King this morning ....I've got a lot of 'random news and views' to pass along. The only difference is, mine aren't random - they're follow-ups on several of the things I've been talking about recently. The most important one, of course, is the market and what's likely to...
Tue, Jun 24, 2008 @ 02:42 pm
Believe it or not, it's taken me the last five days to write today's edition. OK, it wasn't five entire days of writing - I just wanted to see how the market played out on Friday, Monday, and today before coming to any conclusions. Add in the weekend, and you get five days. The good news is, I believe...
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