Just listened to the first half of the court testimony from Thursday. The first speaker, who I believe is the NY attorney hired by Hays, says about 25 minutes in that the $6million note held by Spongetech represents an obligation of Moskowitz, not Metter.
I believe he misspoke, but that's what he said based on a rewind and second listen.
Moskowitz claims that $9million+ of the $11million in liabilities is represented by sports-related contracts and a large portion (I don't recall if he was specific) relates to future periods which are subject to cancellation.
Not at the table, Carlos.
