Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"I'll be giving up now."

I understand your frustration........and hope to renew your interest.

Correct me if I'm mistaken, but I believe that you are basing this:
"Dicon licenses the technology from H.H. Brown now. That is from SPNG's own description of Dicon. "


on this, from the "acquisition" 8-K:
"On July 9, 2009, SpongeTech Delivery Systems, Inc. (“SpongeTech,” the “Company,” “we,” “us,” or “our”) closed the transaction contemplated by a certain Membership Interest Purchase Agreement, the salient terms of which are set forth in detail under Item 2.01 below. The identities of the parties to this material definitive agreement are set forth below and in the agreement attached as an exhibit to this Current Report on Form 8-K.

Dicon is a manufacturer of certain of the Company’s products. Dicon has also performed research and development services and packaging and shipping services for the Company in the past. Additionally, the Company previously relied upon certain technology patents which are licensed by Dicon."

FWIW, my interpretation of the highlighted text is that the patents are licensed to SPNG by Dicon. And not that the patents used are licensed to Dicon by H H Brown as you indicate. I may be mistaken and welcome your comments, but if your interpretation is correct I believe the proper word to use in the 8-k would have been "to" and not "by".


Finally, I think the Pandoras box is Schedule 4.13 in the MEMBERSHIP INTEREST PURCHASE AGREEMENT, possibly to remain sealed.
http://www.sec.gov/Archives/edgar/data/1201251/000114420409037511/v154860_ex10-1.htm
Audited financials of Dicon were due, if I remember correctly, 71 days after the closing and haven't been made public if they exist. They MIGHT (should) provide a detailed schedule, but.......