I'm pretty pleased about where SPNG is right now!!! Thanks for bringing it to our attention, dogface. I was not a believer at first but am now.
Now it just needs to go to $5 :00hour
:mj06:
Can a brother get $10, and then relax a little bit!!!
I'm pretty pleased about where SPNG is right now!!! Thanks for bringing it to our attention, dogface. I was not a believer at first but am now.
Now it just needs to go to $5 :00hour
hello.Good luck!
edit spam:admin
Oh snap.... you picked the wrong thread to spam... :scared
Magnum Completes Acquisition of Hudson, Colorado Facility, One of the World's Largest Tire Landfills, and Perhaps Currently the Largest in the USA
7:12p ET August 29, 2009 (PR NewsWire)
Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR), a next generation rubber recycling solutions company, announces that the Hudson, Colorado Tire Landfill is now 100% owned by MDOR and will be operated by Magnum Recycling USA. The closing took place on August 25, 2009 at which time Magnum took ownership of all Assets associated with the facility. Colorado is home to 1/3 of all whole waste tires in the USA, consequently Magnum now owns 100% of one of the worlds largest tire landfills, and perhaps currently the largest in the USA. Satellite image of the new site can be viewed at: http://i372.photobucket.com/albums/oo167/magnumrecyclage/Hudson Tires/MDOR-PIC.png
Magnum's President and CEO Joseph Glusic stated, "This is a great day for Magnum and the State of Colorado. We plan on making this site a state of the art facility that should be a model for the rest of the country, if not the world, to demonstrate the ability to recycle waste products into useful and viable products that actually enhance people's lives. I am extremely excited about this acquisition which now guarantees the raw supply needs for our company for the foreseeable future. This is only the tip of the iceberg of things to come. Magnum is positioned to be a World Leader Rubber Recycler having next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market."
Magnum's new Hudson, Colorado facility is approximately 50 miles northeast of Denver, Colorado. The facility consists of 120 high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires (some officials state there are 3 times this amount). The facility is one of the largest tire landfills in the world and is situated close to major infrastructure and rail. Its central location is extremely well situated to accept and supply all of Magnum's current and future facility operations.
The Company has acquired all the following listed assets free and clear of all liens, liabilities, claims and interest other than certain permitted liens and assumed liabilities:
The real property being acquired is comprised of four parcels of approximately 120 acres located at 12311 WCR 41, Hudson, Colorado 80642, which is approximately 50 miles northeast of Denver. Physical assets being acquired include the specific items listed below:
Hudson Real Property: (120 acres in four (4) Parcels) in Weld County, Colorado:
Parcel 1: The N/2 of the S/2 of the E/2 of Section 32, T3N, R65W of the 6th P.M. in Weld County, Colorado comprising of approximately 40 acres.
Parcel 2: The S/2 of the S/2 of the E/2 of Section 32, T3N, T65W of the 6th P.M. in Weld County, Colorado comprising of approximately 40 acres.
Parcel 3: Lot B of Recorded Exemption No. 1213-32-4-RE1367 Recorded September 12, 1991 in Book 1311 as Reception No. 2263003 being part of the S/2 of N/2 SE/4 of Section 32, T3N, R65W of the 6th P.M. in Weld County, Colorado comprising of approximately 5 acres.
Parcel 4: Lot A of Recorded Exemption No. 1213-32-4-RE1367 Recorded September 12, 1991 in Book 1311 as Reception No. 2263003 being part of the S/2 of N/2 of SE/4 of Section 32, T3N, R65W of the 6th P.M. in Weld County, Colorado comprising of approximately 35 acres.
Hudson Scrap Tire Inventory:
The scrap tire inventory stored in approximately 63 open cells consists of approximately 350,000+ tons of passenger, semi-truck and off-the-road (OTR) tires that have been disposed of over the past 25+ years. The 120 acre property is currently approximately 65% covered with open cells of scrap tires.
Hudson Buildings:
1-125' X 125' Coverall-Steel Frame Warehouse Building & Gas/Electric Utility Service 1-45' X 100' Steel Office/Shop Building & Gas/Electric Utility Service 1-20' X 40' 2-Car Steel Parking Garage & Electric Utility Service
Hudson Personal Property:
1-Continental Mobile Home 1-Homilite Mobile Home 1-Set of Commercial Truck Scales 1-2005 Dodge 2500 4x4 PU 1-2000 International 4700 Box Van 1-2000 International 4700 Box Van 1-1999 GMC Box Van 1-1998 Freightliner Truck 1-1998 Freightliner Truck 1-1994 John Deere 644C Front End Loader 1-Fiat-Allis 845C Front End 1-John Deere 4020 Tractor Loader w/Brush Hog 1-Galion Road Grader 1-Hotsy Steam Cleaner 1- 5 HP Air Compressor 1-Gas Powered Wheel Crusher 1- 300 Amp Lincoln Arc Welder 1- Gas Powered Wheel De-Rimmer Various Shop tools and supplies
About: Magnum's proprietary "GREEN" technology provides a unique solution to all of the challenges in the disposal of stockpiles of scrap tires and rubber scrap. Magnum's 98,000+ sq. ft. facility is located in Magog (Quebec). Magnum currently holds over $130 Million USD in open contracts for the production of rubber nuggets and rubber buffing. Some of Magnum's Production: http://www.youtube.com/watch?v=G3rMYiI3wUo
Magnum/SRI are currently using their advanced technologies to produce next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market. Magnum/SRI tests are targeting premium applications that contain high grade properties. This will allow production of higher yielding compounds which will potentially create higher revenues and profits. This also includes maximizing cost savings for clients while producing high quality materials.
The reason why Magnum/SRI premium compounds are one of a kind is because they can be substituted in high specification compound applications without appreciable loss in properties or performance. Furthermore, the reason why our clients will prefer to use Magnum/SRI compounds is because they will be able to enjoy a substantial and meaningful reduction in raw material cost without compromising product performance and quality. In the competitive environment of rubber product manufacturing this is a major development having a direct impact on our customer's bottom line.
To visit SRI, view: http://www.srielastomers.com/
Did anyone else receive the Spongetech coupon mailer?
:00hour
What's odd is that it was addressed to my investment club when it came in the mail.![]()
Will SPNG see 24 on Monday. It was hard not taking some proffit Friday. Don,t know if we see a hard 23 and a chance at 24 if I can hold off.
Did anyone else receive the Spongetech coupon mailer?
:00hour
What's odd is that it was addressed to my investment club when it came in the mail.![]()
got it, too...
ours was addressed to my wife...:shrug:
Spongetech(R) Products Featured in 2009 Sears Wish Book Catalog Reaching Over 3.5 Million Homes
9:15a ET August 31, 2009 (Business Wire)
SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTCBB: SPNG), today announces that the Company's product line will be featured in the upcoming 2009 Sears Wish Book catalog in Canada. The catalog will feature SpongeTech's innovative reusable cleaning products including SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Care Kit, Tub & Tile Cleaner, Uncle Norman(TM)'s Pet Sponge and Pet Bowl Cleaner. The products will also be featured and available online at www.sears.ca. In addition to the Wish Book catalog, SpongeTech's products will also be available in 120 Sears retail locations in Canada under the "As Seen On TV" product line.
The Sears Wish Book is a very popular Christmas-themed catalog that is released by Sears Canada Inc. (TSX: SCC) every August, and contains toys and other holiday--related merchandise. The Wish Book is sent out free of charge to over 3.5 million homes in Canada in preparation of the holiday season. Sears Canada Inc. is a retailer, headquartered in Toronto, Ontario, that operates in all provinces and territories across Canada with a network of 198 corporate stores, 193 dealer stores, 40 home improvement showrooms, 108 Sears Travel offices and a nationwide home maintenance, repair, and installation network. For more information, visit www.sears.ca.
"We can't imagine a better way to introduce our products to the Canadian consumers than to team up with one of the largest retailers in Canada, Sears Canada. The full page presentation featuring all of our products in the 2009 Sears Wish Book holiday catalog that will reach millions of homes in Canada," commented SpongeTech's COO, Steven Moskowitz. "This marks our expansion into the region as we begin to undertake our mission to have SpongeTech's products available in retail stores throughout Canada."
For more information, please contact Investor Relations at 1-877- SPONGE-T, and/or visit the Company's website at: www.spongetechinc.com.
sold half my SPNG at .20 for a nice profit. will hold the other half for the long term.
as anxious they are to put out fluff PR's to obviously help the stock price, why are they waiting to put out the 10K? doesn't make sense to me.
good luck.
sold half my SPNG at .20 for a nice profit. will hold the other half for the long term.
as anxious they are to put out fluff PR's to obviously help the stock price, why are they waiting to put out the 10K? doesn't make sense to me.
good luck.
I let it ride.....:00hour :toast:
BUYINS.NET: SpongeTech Delivery Systems (SPNG) SqueezeTrigger Price is $0.09. Approximately 972 Million Shares Shorted Since December 2006 According to Buyins.net Research Report
Aug 31, 2009 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET, www.buyins.net, is initiating coverage of SpongeTech Delivery Systems (OTCBB: SPNG) after releasing the latest short sale data to August 2009. From December 2006 to August 2009 approximately 12.6 billion total aggregate shares of SPNG have traded for a total dollar value of approximately $1.13 billion. The total aggregate number of shares shorted in this time period is approximately 972 million shares. The SPNG SqueezeTrigger price of $0.09 is the volume weighted average short price of all short selling in SPNG. A series of short squeezes has begun as shares of SPNG have jumped from $0.006 to $0.22 and 99% of all shares shorted in SPNG are now out-of-the-money. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
12/29/2006 150,000 11,550 0.2075 $2,397
1/31/2007 179,000 13,783 0.1350 $1,861
2/28/2007 535,700 41,249 0.1900 $7,837
3/30/2007 1,496,000 115,192 0.1850 $21,311
4/30/2007 4,695,154 361,527 0.1967 $71,112
5/31/2007 7,144,891 550,157 0.1950 $107,281
6/29/2007 5,250,137 404,261 0.1425 $57,607
7/31/2007 7,891,632 607,656 0.0950 $57,727
8/31/2007 6,423,566 494,615 0.0788 $38,976
9/28/2007 6,086,639 468,671 0.0902 $42,274
10/31/2007 10,565,011 813,506 0.0738 $60,037
11/30/2007 21,375,974 1,645,950 0.0525 $86,412
12/31/2007 46,577,400 3,586,460 0.0403 $144,534
1/31/2008 49,644,868 3,822,655 0.0248 $94,802
2/29/2008 90,164,328 6,942,653 0.0302 $209,668
3/31/2008 136,771,952 10,531,440 0.0273 $287,508
4/30/2008 156,957,184 12,085,703 0.0309 $373,448
5/30/2008 184,506,944 14,207,035 0.0434 $616,585
6/30/2008 143,385,424 11,040,678 0.0487 $537,681
7/31/2008 111,369,960 8,575,487 0.0439 $376,464
8/29/2008 339,945,472 26,175,801 0.0384 $1,005,151
9/30/2008 434,852,544 33,483,646 0.0338 $1,131,747
10/31/2008 418,655,520 32,236,475 0.0280 $902,621
11/28/2008 226,767,232 17,461,077 0.0273 $476,687
12/31/2008 338,505,440 26,064,919 0.0264 $688,114
1/30/2009 438,992,096 33,802,391 0.0194 $655,766
2/27/2009 423,565,856 32,614,571 0.0144 $469,650
3/31/2009 661,219,200 50,913,878 0.0116 $590,601
4/30/2009 1,227,771,776 94,538,427 0.0185 $1,748,961
5/29/2009 1,590,875,520 122,497,415 0.0320 $3,919,917
6/30/2009 2,976,228,372 229,169,584 0.1373 $31,464,983
7/31/2009 1,719,142,528 132,373,975 0.1334 $30,571,222
8/31/2009 840,376,128 64,708,962 0.1633 $10,566,973
Total 12,628,069,448 972,361,347 $0.0898 $87,387,917
*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short price.
***short volume is the total short trade volume and does not account for covers.
Click here to view chart: http://www.buyins.com/images/spngstr8-26...
Market Maker Friction Factor is shown in the chart below:
Date Change % BuyVol Buy% SellVol Sell% NetVol Friction
8/27/2009 0.0017 0.89 64,004,552 49.96 61,728,494 48.18 2,276,058 13,388,576
8/26/2009 0.0253 15.19 98,227,965 52.16 88,085,350 46.77 10,142,615 4,008,939
8/25/2009 0.0127 8.77 89,010,285 55.72 72,311,732 45.27 16,698,553 13,148,467
8/24/2009 0.0085 6.32 31,984,993 57.6 23,340,786 42.03 8,644,207 10,169,655
8/6/2009 -0.002 -1.37 35,536,303 46.23 41,065,408 53.43 -5,529,105 -27,645,525
8/5/2009 -0.0059 -3.84 27,933,395 49.92 27,740,564 49.57 192,831 bearish bias
8/4/2009 -0.002 -1.26 16,471,046 43.57 21,228,273 56.16 -4,757,227 -23,786,135
8/3/2009 0.007 4.61 25,443,789 46.38 29,077,807 53.01 -3,634,018 bullish bias
7/31/2009 0.0096 6.79 25,415,915 48.07 27,408,610 51.84 -1,992,695 bullish bias
7/30/2009 0.0042 3.08 13,186,865 42.67 17,663,265 57.15 -4,476,400 bullish b
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