Replies to post #334925 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Risicare]

You don't quite get it, do you? Shareholders are at the very end of list. How many millions are owed before even the SEC fines? Then the criminal case... Ironically enough the shareholders screwing around with the bankruptcy have likely created 6 figures in costs LOL and that is just the tip of iceberg.

[pantherj]

Any money will go to pay off creditors, fees and fines. No shareholder will see a penny. Unless, like Pike, they are also a creditor.

[toxicdebtspiral]

"70% of BTR buy out price..that's cool 10 million in SPONG's bank"

I wasn't aware that SPNG had any rights to BTR. Would you please post a link? TIA

[puppydotcom]

SPONG's bank...cash in the bank!



SPNG is gone .. there is no spongetech company any longer .. it was liquidated and closed down due to the chapter 7 and the civil SEC charges ..for being a scam ...

there is no sponge bank account any longer