Spongetech Delivery Systems Inc (fka SPNGQ)

[puppydotcom]

not exactly true either. people have come forth but due to the alleged conflict of interest of the trustee this info was being withheld until this is settled. these are formal offers in sense they are written, not verbal, but are not being submitted, as they need not be, until it is established how spng will move forward. i know this, i have seen this. some of them are conditioned on the removal of this trustee. there is no obligation to show these to the court until a motion is made to allow dip financing. the trustee has a responsibility to do so and, due to the implied conflict, it can be withheld until the trustee appointment is formalized, or reformalized

the only thing you know .. is what you saw in the court . if your involved in the writing of any agreements between the share holders and Pike or groups .. spell it out what you're trying to get accomplished because now you say you see secret doc's and agreements no one else has and try to give credit as reliable facts .. when in fact nothing exists for the public

btw .. the share holders don't make the decision on the DIP .. the courts do on the basis of the company and its condition