I saw it and i can assure you that the trustee has absolutely not performed full DD.
talk about spinning the story ..lol
the trustee just came aboard 'less than a month - and has been stoned walled by mosky .. I don't care what trustee they have but no one new could be up to date with this company either
and now Pike is a total expert on DD with spongy? ... please!! he is just another bag holders who fell for all of spngs lies and ignored all of the red flags too
come on you can do better than that ... I see .. where the word tainted is coming from .. yup!
i think you should take a step back and try to find out why the judge shut down the trustees attempt to read restricted and private documents into the record. the trustee is not an angle sitting on one shoulder while the one on the other tells you to take advantage of the poor girl. My impression is that there are plenty of documents on both sides but because there has been no request for full disclosure by the trustee he is limiting his decision making to a small group of documents. it is his job to dig deeper than he has before he makes what appear to be outlandish statements.
since he seems to be tainted anyway, wouldnt it make more sense for the us trustees office to just assign someone new and get this unnecessary impediment out of the way. you cant spin something you did not witness. I saw it and i can assure you that the trustee has absolutely not performed full DD. Pikes attorney made that abundantly clear. if you dont know the business model how can you even attempt to attest to its sustainability? there has to be someone more qualified.
"Tainted" is your word and the SPNG crims are trying desoerately to get him out because they are afraid of his competence and expertise. The lack of cooperation by Mosky with the trustee is partly to that end. in time, the court will see right through that charade.
Other than delaying the inevitable and buying Mosky more time to embezzle, hide money and make escape plans, it doesn't matter who the trustee is as long as it isn't one of M&Ms buds.
Hymanroth, I believe Pike's attorney also stated that SPNG was still a viable business, and commented on the Viacom and Marvel contracts as a reason. Don't you find it odd that someone that owns 180 million shares of a company did not even know that Viacom ended their contract in May, and Marvel is now in the process of doing so? It seems like everyone that did business with SPNG has been duped. --------------- I saw it and i can assure you that the trustee has absolutely not performed full DD. Pikes attorney made that abundantly clear. if you dont know the business model how can you even attempt to attest to its sustainability? there has to be someone more qualified.