Spongetech Delivery Systems Inc.

First a little about SPNG (Spongetech)

Spongetech Delivery Systems, Inc. designs, produces, markets and distributes cleaning products for vehicular use utilizing technology relating to sponges containing hydrophilic, or liquid absorbing, foam polyurethane matrices and other technologies. Its products can be pre-loaded with detergents and waxes, which are absorbed in the core of the product then gradually released during use. It has designed and is conducting additional research and development for products and applications using hydrophilic technology and other technologies for kitchen and bath, health and beauty, auto, medial and pet use. In July 2009, the Company expanded its operation into Europe, forming SpongeTech Europe. In July 2008, the Company incorporated six wholly owned subsidiaries, Spongetech Kitchen & Bath, Inc., Spongetech Health & Beauty, Inc., Spongetech Auto, Inc., Spongetech Medical, Inc., Spongetech Pets, Inc. and America’s Cleaning Company. In July 2009, the Company acquired Dicon Technologies.

Right now SPNG (Spongetch) is trading at about $0.15 and so far the 52 week high is $0.28, which isn’t bad for an emerging company, we still think that SPNG is extremely undervalued. What makes this company different is its motivation and techniques. Here’s what SpongeTech has done so far:

- Signed with 28 MLB teams for advertisement

- Various NFL Teams (including the Cincinnati Bengals) *fixed*

- Signed an agreement with Viacom and Nickelodeon

- Commercials on various networks and media (TV, Radio, etc)

-Selling car cleaning supplies at Costco
With an emerging company making such a strategic marketing move this is huge news! Not only is SpongeTech striving to make a quality product but its also letting the public know that they are here to stay. By advertising in multiple mediums SpongeTech is attempting not to reach a target audience but everyone. With products ranging from stain cleaning pens to children themed bath sponges (a sponge with the soap built in, which is a great product for anyone who has struggled to give a wriggling child a bath) SpongeTech is hitting the market, and hitting it hard.

Even assuming SpongeTech reports NO more growth for the year, which we think is highly unlikely, right now they are projected to make nearly $220 million in revenue this year (based on existing numbers) Again for a company that’s only been on the OTC market for 2 years this is great news!

From the looks of it, SpongeTech is taking the cleaning world by storm and we think that as an investor, the best move would to be get behind it. We aren’t going to say SpongeTech is going to hit $1.00 in a week, but we do think it has the potential to hit $1.00 or at least get close to it as early as the end of this year! Keep an eye out on SpongeTech, its doing big things.

Remember, Knowledge is money, so now that you have some Knowledge, go out and make some Money

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