Replies to post #329966 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[overachiever]

If Dicon is worth substantially more than the current offer, why aren't there competing bids being submitted? It has never made a profit.

[pantherj]

There is no way one can claim the $4.5mm purchase price was fraud. No one forced or coerced the Mutt Bros into buying Dicon. Nor could it possibly be argued that WC forced Dicon into BK. Remember it was Mosko that raided the treasury, not Celia. And the real value of the inventory is no where near $825K at liquidation prices, which will be below cost of manufacture.