SPNG, MDFI, CBAI - StockExplode.com Watch List

Oct. 17, 2009 - PRLog -- The stocks on the StockExplode.com current watchlist include:


SPNG
Spongetech Delivery Systems, Inc. (Public, OTC- SPNG)
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.

MDFI
Medefile International, Inc. (Public, OTC- MDFI)
Medefile International, Inc. (Medefile), through its subsidiary, Medefile, Inc., has developed a system for gathering, digitizing, storing and distributing information for the healthcare field. The Company has created a system for gathering and digitizing medical records so that individuals can have a record of all of their medical visits. Medefile's primary product is the MedeFile system, a secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of its members' medical records and create a single, comprehensive medical record that is accessible round the clock. As of December 31, 2008, MedeFile had approximately 2,600 members. The Company generates revenue from licensing the right to utilize its software for the storage and distribution of healthcare information to individuals and affinity groups.

CBAI
Cord Blood America, Inc. (Public, OTC- CBAI)
Cord Blood America, Inc. (CBAI) is engaged in the business of collecting, testing, processing and preserving umbilical cord blood. The Company is primarily a holding company whose subsidiaries include Cord Partners, Inc. (Cord), CorCell Co. Inc., CorCell Ltd., CBA Professional Services, Inc. D/B/A BodyCells, Inc. (BodyCells), CBA Properties, Inc. (Properties), Career Channel Inc, D/B/A Rainmakers International (Rain), and Family Marketing, Inc. (Family).

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