Speculative - SPNG
Anyone look at Spongetech (SPNG). Hard to miss them advertising on the blueboard behind homeplate of most MLB games. Anyway, they surpassed last years FY sales in the first eleven weeks of this FY, July Sales were over $25m, Aug sales figures are not out yet, no debt, bought Dicon Technologies for cash (manufacturer for their spongelike material). 10K is due anytime, Company announced 150M share buyback, and intent to get listed on NASDAQ w/o a Reverse Split.
Jim
__________________
JimnJana
"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
|