Replies to post #335956 on Spongetech Delivery Systems Inc (fka SPNGQ)

[toxicdebtspiral]

"CREDITORS now ask REVERSAL to Chapt 11"

Do you really think one unsecured claim of $1,500.00 is going to turn this ship around?

[alien42]

USTA was paid in full by the company

dpilon, what about all the MLB and NFL teams that were NEVER paid what they were owed by the scam SPNG?

[puppydotcom]

CREDITORS want CONTINUED business, not ridiculous FINAL PAYMENT with pennies on the dollar by this negligent Trustee. They want a 5 years REORG plan that will bring them CONTINUED business:

there is no business .. SPNG is on the way to be revoked

the house of cards folded when it was discovered the mutt bros stole all the money

[pantherj]

What conceivable difference does that make?

"... A tennis industry source told CNBC that the USTA was paid in full by the company..."

[berta]

THANKS for the creditor update pilond my feeling are there will be more creditors will now step forward also, they have been kept in the dark for too long... and on the other thought the trustee has FAILED to update the creditior report and the judge is not happy about that...