Just as I thought. SPNG has no money. Few collectible receivables. Has lost its licensing agreements for failure to pay royalties, is getting evicted for failure to pay rent, has not paid commissions owed to its salesmen and has produced few financial records to the trustee. Even the factor has quit. lol.
The fraud here was immense.
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution