Spongetech Delivery Systems Inc (fka SPNGQ)

[loanranger]

"But what about the rumors that Mosky has been stockpiling chemical weapons?"

Big,
I get the impression that you think that I was foolish to cite that section of the law in my post. I confess that I had to read it at least 4 times to sort it out, but I'll make it easier for you. Just read the bold type and ignore the rest and you'll see that it makes as much sense as any other bit of legalese. I suspect, although I don't know, that the basic law was in place prior to the addition of the Chemical Weapons reference. By the way, I posted it because it was cited in the most recent letters to the court filed by both the plaintiff and the defendant. I didn't pull it out of thin air.

"(b) The filing of a petition under section 301, 302, or 303 of this title, or of an application under section 5(a)(3) of the Securities Investor Protection Act of 1970, does not operate as a stay—
4) under paragraph (1), (2), (3), or (6) of subsection (a) of this section, of the commencement or continuation of an action or proceeding by a governmental unit or any organization exercising authority under the Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and on Their Destruction, opened for signature on January 13, 1993, to enforce such governmental unit’s or organization’s police and regulatory power, including the enforcement of a judgment other than a money judgment, obtained in an action or proceeding by the governmental unit to enforce such governmental unit’s or organization’s police or regulatory power;

You should make sense of it in half the time it took me.