InvestorsHub Logo
Followers 211
Posts 32251
Boards Moderated 1
Alias Born 06/30/2009

Re: badshah post# 330783

Thursday, 09/30/2010 9:30:50 AM

Thursday, September 30, 2010 9:30:50 AM

Post# of 346918
"If Mosko is lying, and that has to be considered for sure, why is'nt the DOJ putting him behind bars and whats more they even allowed him to visit homeland !!! Don't you see something fishy in how the courts are behaving?"
Is it not possible that he is being allowed the freedom to travel in order to allow the authorities to "follow the money"?

"Dose it make sense that SPNG purchased Dicon lock, stock and barrel, Dicon became a subsidiary, and Dicon was allowed to be sold independently? What planet is this judge living on?"
SPNG did not buy Dicon's lock, stock and barrel separately. It bought the membership interests of the LLC Dicon, which maintained its identification as a legally separate entity. Dicon was not "allowed to be sold independently".....the involuntary bankruptcy filing against that entity allowed its trustee to sell certain of Dicon's ASSETS in the interests of its creditors. The Dicon estate lives on, as does SPNGQ's ownership interest. The judge lives on this planet and follows the bankruptcy laws thereof.

"Metter loaning 6 million of SPNG/RME funds to BTR is already proven......"
No, it isn't. There are no funds known as SPNG/RME funds. The 8-k filed by BTR's parent company, Blue Star Media Group, indicated that the loan came from RME and made no mention of Spongetech. The loan agreement does not contain the name Spongetech.
If I was Trustee Silverman I too might be hesitant to tout a note as an asset that doesn't have the name of the estate I represent in it's pages.

I hope that the "things to unfold" have more substance than the above, otherwise the only reason that they might bear watching would be to provide the necessary corrections.




I'm tryin ta think but nuttin happens......Curly, the deepest of the Stooges.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.