Spongetech Delivery Systems Inc (fka SPNGQ)

[scion]

e. Sales Force.

The Trustee has made the sale of inventory one of his top priorities at this time. The Debtor advises that it had numerous sales representatives throughout the United States at one time, some of which were employed by Spongetech and some of which were independent sales representatives. The Debtor further advises that one of its few remaining employees has been on the road actively attempting to sell product. The Trustee has also been advised that certain of the independent sales people are owed commissions and it is unclear at this point whether they will sell additional Spongetech goods. The Trustee has finally been advised that one former Dicon salesman may be in breach of his employment agreement with Dicon and may be attempting to sell competing products to Spongetech customers. As of the filing of this Interim Report, the Trustee’s primary contact on sales efforts has been Steven Moskowitz. The Trustee will continue to evaluate the sales efforts as well as to assess the inventory remaining to be sold.

Doc 69 PDF file
http://viewer.zoho.com/docs/hchi4