Replies to post #305348 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Christy from Google]

Thats why there's an indepentent Bankruptcy Trustee. Sometimes CPAs are appointed in "Involuntary" ones under Chap 11. But usually it's a lawyer, and he has an indepentent CPA as a sidekick.

Either way, management answers to them.