Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"The conflict of interest is because Greenberg, Taurig represent both Spongetech and Metter - and the interests of Spongetech shareholders (Spongetech) is not the same as that of Metter"

That's my guess also. That and the fact that RME is as yet unrepresented. What do you suppose the next step might be?
Given the history of who controls the purse strings in the relationship, who would you rather represent? Especially since the currently represented party just lost the opportunity to cash in its best asset.

I wonder if the court will let this happen without a challenge? It could be seen as a delaying tactic, something that some here had predicted might happen.

100% speculation.