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scion

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scion

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Re: scion post# 327442

Thursday, 07/29/2010 2:49:35 PM

Thursday, July 29, 2010 2:49:35 PM

Post# of 346953
8. Accounts Payable.

Spongetech advises that there are approximately $11,800,000 in outstanding, pre-petition accounts payable. The Trustee has not verified the amount of pre-petition unsecured claims. However, pursuant to the Bankruptcy Code, these claims must be paid in full prior to any return to shareholders.

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