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Notifies Coverage of Spongetech Delivery Systems, Inc., Inc.(C)1994-2007 M2 COMMUNICATIONS LTD
SANTA BARBARA, CA. -, Inc. (OTCBB: SPNG)..
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,699,731 shares exchanged. SPNG days news from 4/30/07:
Spongetech Signs Correspondence of Motive to trade 1,500,000 Biodegradable Auto Launder and Auto Wax Sponges to South The u . s Spongetech Delivery Systems, Inc. is weblink contented to proclaim they have signed a Correspondence of Motive (LOI) to trade 1,500,000 Auto Launder and Auto Wax sponges to exporter, SA Trading Team Corporation. SA Trading Team is an exporter of vehicular goods to South The u . s. All clauses of the LOI are topic to SA Trading Teams validation of interpreting the goods packaging in Spanish and Portuguese and even setting up a factory in South The u . s within 36 months. The firm anticipates dispersion and sales of the state-of-the-art biodegradable sponges to reach Central The u . s and the Carribbean Island chain.
Steven Moskowitz, Boss Monetary Officer of Spongetech Delivery Systems stated "This is an exhilarating time for our organization. We look onward to finalizing our covenant with SA Trading Team Corporation and starting off our sales and dispersion into South The u . s." Mr. Moskowitz further stated "We stick to gain strong universal interest and insist for our biodegradable Auto Launder and Auto Wax Sponges. Our sponges get rid of the utilization of a suitable container and will allow consumers the capability to launder and wax eight or over cars."
. In this inner matrix of the sponge includes exclusively generated soaps and wax. As soon as the sponge is utilised in a surface with negligible pressure, the detergent or detergent and wax are all at once utilised in the surface. As soon as the sponge ain't in use, the hydrophilic matrix holds the detergent in order that it doesn't leak out from bop nu the sponge. This nil leak system will allow each sponge to clean as many as eight cars.
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About Spongetech Delivery Systems, Inc.
Spongetech Delivery Systems is known as a development stage firm that layouts, produces, advertises and distributes cleansing goods for automotive use exploiting copyrighted invention pertaining to sponges comprising hydrophilic (liquid absorbing) foam polyurethane matrices. , that is jammed with exclusively generated soaps and wax that appears to be leaked as soon as the sponge is utilised in a surface with negligible pressure. The business's goods are nowdays patterned especially for automotive cleansing use. But still, the Firm is looking around the potential of exploiting its copyrighted invention for the advance of sponges for other uses, adding up for use with anti-bacterial, tub and kitchen soaps for family uses, and even for use as a youngsters' tub foam sponge.
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