Spongetech Delivery Systems, Inc. (fka SPNGQ)

[SteveF]

The acquisition 8K lists Bryan County as the lessor:

http://www.sec.gov/Archives/edgar/data/1201251/000114420409037511/v154860_ex10-1.htm

(i) Written consent from the Development Authority of Bryan County, the lessor under that certain Lease dated as of August 1, 2008, to waive, until September 30, 2009, the requirement contained in Section 6.13(a) therein to present audited financial statements of the Company within 180 days after the fiscal year end;

On June 24, 2009, Dicon Technologies was awarded a state grant for "site preparation" for the new facility. I guess that prep takes two years...

http://savannahnow.com/bryan/2009-07-01/dicon-gets-boost-state?quicktabs_1=2

Dicon Technologies

The Development Authority of Bryan County received a $100,000 EDGE grant and a $525,000 SILF (Strategic Industries Loan Fund) loan award for site preparation and to buy equipment for the location of Dicon Technologies to the Interstate Centre Industrial Park.
....
Dicon Technologies plans to construct a 30,000-square-foot facility on 5.93 acres for the company's manufacturing, research and development functions, which are currently located in China.
....
-- EDGE award: $100,000

-- SILF award: $525,000

-- Total project cost: $3.38 million

-- 55 new jobs in two years

...looks like SPNG is on the hook for another $2.7 million there.