"In addition, Spongetech holds a promissory note from a former insider of Spongetech in the face amount of $6 Million. The Trustee is attempting to collect amounts due under this note but cannot verify, as of the date of this report, whether the note is collectible or not."
If I'm not mistaken there are only 2 people that can be described as former insiders. This will fire up the creditors very nicely.