Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Christy from Google]

Of course, like you said, IF they file Chapter 11. I don't think they have any plans to file.

I'm talking about the creditors filing the necessary petition with the Court. Only takes 3 creditors. Thats why the lawsuits are filed, so creditors can get position over other unsecured creditors when it come to Bankruptcy proceedings. Winning the lawsuits is one thing, but getting paid is another.

MSG, the Mets and CBS could put SPNG into Bankruptcy, and not a thing Metter and Mosky can do about it.

M&M will NEVER willfully file bankruptcy. NEVER

So the question remains, "Why is Metter allowing this to go forward." Why pay lawyers fees, court costs and whatever for payables that are going to pay anyway??? Makes no sense, unless Metter's game-plan is to....................

And why tell anyone your financial guy is on vacation?????

But thats what you get when you invest in a Private Company????? Can't wait for the next shareholder letter.