Today SPNG released more press (pasted below) that continues to impress. SPNG - is certainly garnering a name for itself, and its advertising campaign is far reaching. In comparison to other OTCBB stocks out there, SPNG is real, has a bona fide product, is advertising all over the place, and is associated with reputable events, companies, and athletes.
I don't think the story is over for this Sponge. $.30 could be coming soon and possibly $.50 before Christmas, hey wouldn't you rather have a Sponge in your stocking than a lump of coal?
SpongeTech(R) Delivery Systems, Inc. To Host Number One Tennis Player at US Open for Autograph Session
Dinara Safina, World's First Ranked Female Tennis Player, will Sign Autographs at the SpongeTech Promotional Booth
NEW YORK, Sep 03, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), announced today that Dinara Safina, the world's first ranked women's tennis player, will be present at the SpongeTech promotional booth located on the grounds of the USTA Billie Jean King National Tennis Center to sign autographs during the 2009 US Open on Friday, September 4 from 1:00 p.m. -- 2:00 p.m. SpongeTech will be featured on-site at the 2009 US Open through courtside signage in Arthur Ashe Stadium and their promotional booth on the grounds.
Dinara Safina is the world's first ranked female tennis player. Russian-born Safina was the runner up at the 2009 French Open and a silver medalist at the 2008 Summer Olympics in Beijing. She has been a runner up in three Grand Slam singles tournaments and won the doubles title at the 2007 US Open with Natalie Dechy.
"We are thrilled to align ourselves with Ms. Safina, a premier tennis talent, to maximize our presence at a prestigious event that holds an international fan base," stated Michael Metter, CEO of SpongeTech. "We expect to have plenty of media exposure during the US Open and at the autograph signing session this Friday. SpongeTech has been provided a great opportunity to showcase our brand name worldwide during this 2 week event."
SpongeTech has recently begun sponsoring multiple teams within the NFL, including the New York Giants and Jets. The Company continues to grow its sports sponsorship portfolio in 2009, which have included leveraging MLB teams and the World Football Challenge.
About USTA
The USTA is the national governing body for the sport of tennis in the U.S. and the leader in promoting and developing the growth of tennis at every level -- from local communities to the highest level of the professional game. A not-for-profit organization with 730,000 members, it invests 100% of its proceeds in growing the game. It owns and operates the US Open, the highest attended annual sporting event in the world, and launched the Olympus US Open Series linking 10 summer tournaments to the US Open. In addition, it owns the 94 Pro Circuit events throughout the U.S., is a minority owner and promotional partner of World Team Tennis, and selects the teams for the Davis Cup, Fed Cup, Olympic and Paralympic Games. The USTA philanthropic entity, USTA Serves, provides grants and scholarships and through tennis, helps underserved youth and people with disabilities to improve academics, build character and strive for excellence. For more information on the USTA, log on to usta.com.
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(TM) .
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
SOURCE: SpongeTech Delivery Systems, Inc.
CONTACT:
SpongeTech(R) Delivery Systems, Inc. Investor Relations: 1-877-776-6438 info@spongetech.com or Connecting Markets GmbH Toll Free: +0800 100 42 92 Fon: +49 (0) 69 21 65 59 10 Fax: +49 (0) 69 21 65 59 11 Email: info@cmir.de
Copyright Business Wire 2009
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1 comment:
Nice. I heard about SPNG from www.hotstockpikz.com
They told me about it when ti was at .14 cents so I made a nice gain on it when I sold at .21
They also reccomended BGMO today. It made me 60% in about 3 hours so I cant complain. lol.
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