You probably recall small cap company SpongeTech Delivery Systems (SPNG) started a television ad campaign on Monday of this week. While we don’t have any early word yet on what the response has been, the company has since been featured on web-based TV show MoneyTV. You can watch the clip (anytime you want) just by clicking on this MoneyTV.net link.

The clip is an interview with CEO Michael Metter, who not only discusses the commercial but also quite a bit about the company and its future.

I don’t want to transcribe the entire segment here - I suggest you watch the video for yourself. I will tell you one thing though…the current back-order total wasn’t what I guessed. (Hint: it was more than my guess.)

In the meantime, the market seems to have renewed their love for SpongeTech. What we have with this recent rally that we didn’t have before is growing volume. Maybe it was the commercial garnering not just customers, but investors. Maybe it’s just that the short sellers are finally out of the way. It doesn’t matter really…the stock is making a strong breakout, and a move to 8 or 9 cents is a good possibility (at least as I see it) now that volume is strong. Beyond that, the next target would be 12 cents.

If you’re not currently in a position, I think you’ll want to be soon. The metrics for the company’s valuation still suggest a huge upside opportunity is in store; the forecasted price/sales ratio is about 0.5, but the average is around 2.0.

Again, click here to watch the MoneyTV.net interview.

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