Replies to post #328409 on Spongetech Delivery Systems Inc (fka SPNGQ)

[SRV-90]

Those darn NSS and their success at driving companies that don't pay their bills and stiff their shareholders into BK and now Ch 7.

Shame on them

[puppydotcom]

I'm not sure what that letter has to do with the company having no money and being evicted from the premises .. the insiders scammed everyone and stole all the money PLUS sold illegal shares - this we all know

the company is 100% insolvent

shares holders can sue if they find out who NSS sold if anyone did .. and maybe in a 2 to 5 years and a 100k later it might get to court

his letter makes zero sense in today's world .. if no DIP financing with approved court blessing .. it will be chapter 7 .. or dismissed for no supporting schedules and documentation required by the courts.

and falling into the creditors hands as an involuntary BK - if they even get involved after all this fiasco of a chapter 11

[alien42]

the desperation of the victims of this scam who supported the crooks who scammed them until the very end and who attacked all of us who spoke the truth and tried to warn them of the crooks is unreal.

SPNG, welcome to chapter 7, where you belong.