SPNG have Spongetech Delivery Systems Inc (SPNG): Stock Quote & Company Profile - BusinessWeek exposed to more stock investors 800.940.6559.

Spongetech Delivery Systems Inc (SPNG): Stock Quote & Company Profile - Details:

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.

May 18, 2008 2:03 AM ET

CONSUMER STAPLES SECTOR

HOUSEHOLD PRODUCTS INDUSTRY

Spongetech Delivery Systems Inc

(SPNG:OTC BB)

LAST $0.04 USD

CHANGE TODAY +0.001 2.56%

VOLUME 6.5M

SPNG On Other Exchanges

As of 3:59 PM 05/16/08 All times are local (Market data by Reuters is delayed by at least 15 minutes).

OPEN $0.04		PREVIOUS CLOSE $0.04
DAY HIGH $0.04		DAY LOW $0.04
52 WEEK HIGH 05/31/07 - $0.20		52 WEEK LOW 03/31/08 - $0.02
MARKET CAP 7.9M		AVERAGE VOLUME 3 mo 8.9M
DILUTED EPS TTM --		SHARES OUTSTANDING 196.3M
SPNG Does Not Pay Dividends		P/E TTM NM
K = Thousands M = Millions B = Billions

SPNG Details

Detailed Description...

www.spongetech.com

Founded in 1999

Latest 10-K

Latest 10-Q

More SEC Filings...

Top Compensated Officers

Mr. Steven Moskowitz

Chief Operating Officer, Chief Financial Offi...

Age: 42

Total Annual Compensation: --

Mr. Michael Metter

Chief Executive Officer, President and Direct...

Age: 50

Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2006.

Key developments

Automobile Cleaning System Chooses Spongetech Delivery Systems

05/7/2008

SpongeTech Delivery Systems Inc. announced that Automobile Cleaning System has been chosen by the popular game show. SpongeTech(R)´s Auto Cleaning system will air three times beginning on May 7 at 8pm, again on May 14 at 8pm and again in July. The program is aired by CBS and its local affiliates in prime time.

Spongetech Delivery Systems Receives $7,500,000 in New Orders from National TV Commercials for New Pet Sponges

04/29/2008

Spongetech Delivery Systems Inc. announce they received a new $7,500,000 order with deliveries starting July, 2008, from 30 second, 60 second, and 2 minute television commercials for their new pet sponge products to be broadcast nationwide on several TV Networks. Uncle Norm´s Pet Sponge is imbedded with a gentle shampoo and has massage bumps or nubs, to assist the effectiveness of the bath. Each sponge can be used 8 times or more, depending on the size of your pet. As with SpongeTech(R)´s other products, management seeks to aggressively market their pet sponge products on a global scale while increasing their large retail chain presence. The company cannot disclose many of the details at this time.

Spongetech Delivery Systems Inc. Wins New Country with A $450,000 Order from A Russian Distributor

04/18/2008

SpongeTech Delivery Systems Inc. announced the order of $450,000 of The Ultimate One-Step Car Wash & Wax System from a new distributor in Russia. This Russian distributor opens a new country for the company with 24,000 units ordered.

Stock Quotes

Recently Viewed
SPNG	$0.04 USD	+0.001

Market data is delayed at least 20 minutes.

Competitors

Company	Last	Change
No competitor information is available for SPNG.
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation	SPNG	Industry Range
Price/Earnings	100.0x
Price/Sales	2.9x
Price/Book	3.6x
Price/Cash Flow	429.6x
TEV/Sales	4.9x
SPNG