Replies to post #334790 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

Good question....and I enjoyed your earlier post.

The complaint, which is on Pacer, also says something that I wasn't aware of:
"RM Enterprises is SpongeTech's majority shareholder and, on information and belief, RM Enterprise' common stock is controlled by Weiner, Metter, and Moskowitz."

I wonder if Lazauskas sold him his interest?

FWIW, I can't figure out what path those proceeds would have to travel to justify a claim by the creditors OR the shareholders for that matter. I'd guess that they are construed to be required to be disgorged due to the RME involvement in the SEC complaint. What the SEC does with them......ya got me.