Spongetech Delivery Systems, Inc. (fka SPNGQ)

[scion]

7. SEC Filings.

Several emails inquire as to when the Trustee will make required securities filings for Spongetech. At present, the Trustee has asked for copies of any such documents or other financials prepared by Spongetech, but have not yet received them to the extent they exist. The Trustee has not yet determined whether any financials prepared prior to the bankruptcy are accurate and properly prepared. The Trustee will not make any securities filings on behalf of Spongetech unless they have been properly prepared and are based upon audits performed by independent accounting firms. The Trustee will also not file any documents which are based upon information prepared by the management of Spongetech which have not been independently verified. Because there are no financial resources to prepare these documents and because there are other more important matters which need to be addressed immediately, the Trustee does not anticipate that there will be any such filings in the near future.

Doc 69 PDF file
http://viewer.zoho.com/docs/hchi4