Spongetech Delivery Systems Inc (fka SPNGQ)

[SirZ]

I remember reading somewhere about some advice that people were giving to those hit by Madoff to keep their assets from being confiscated to pay for the clawbacks they're doing -- that certain asset classes could not be taken if you declare bankruptcy.

I believe it's a possibility of what they're dragging this out for, to transfer assets to somewhere that can't be touched if the poop hits the fan for them in this SPNG play...