Mr. Krab's Bankruptcy 2 - Safe Deposit Squidward

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It was exactly 7 years after nickelodeon's 2003 horror project "Mr. Krab's Bankruptcy" well, back in 2001, A episode was to be released called "Safe Deposit Squidward" the unoffical sequal to the early-2003 halloween special "Mr. Krabs's Bankruptcy" on March 20th 2001, Paul Tibbit stepped out of the project for unknown reasons, at the time, a group of script writers were secretly releasing the episde before it was even planned to be released. The basic plot of the sequal is summarized from a old nickelodeon promo "On The Next Spongebob, Squidward is locked in a safe deposit for decades! Cops and Agents are investigating the sudden loss of Mr. Krabs, but what could have happened to Mr. Krabs? And could squidward have anything to do with it?"

It was a quiet 2019, I was a worker at Nickelodeon Studios; I was on the laptop, greenlighting and declining season premiers and episodes (my favorite job). I greenlit a lot of episodes from shows like Breadwinners, Sanjay And Craig and even Spongebob Squarepants. On my way out of the studio, I visited the old location where I entered through the doors of the original Nickelodeon Studios. It was quiet and dark, I had to shine my phone light to get a better view; I entered into the actor booth where I found something laying ontop of the desk. I picked it up, it was heavily dusty, so I had to do a few blows before it was eventually cleared up. It was a VHS tape cover with nothing on it; the tape had a orange and green gradient and on the side of the tape, it said in sharpie "SBSP E4S1" It hit me when I realize that the episode was "Naughticle Neighbors and Boating School" I exited out of the studio and headed to my hotel room.

I inserted the tape in the player and rewind for about...2 minuets...once finished, I pressed play on the remote and sat down closely. It showed the intro like normal and down to spongebob playing his nose like a musical instrument. "Safe Deposit Squidward" the background was a cyan color and showed Krusty Krab hats and Spatulas all over the background. It showed squidward working at the Krusty Krab, he turned on the TV when the news came on; It said this "Good Evening, Welcome To The Barnicle News, I'm Nicholas Winter, Reports are spreading that the greedy owner of the Krusty Krab Eugene H. Krabs, unfortunately took his life when he comitted suicide. Agents and Police are investigating and locating every suspect possible. We'll be back with more de-" squidward turned off the TV as he chuckled to himself; "Mr. Krabs is gone for good" he said with another chuckle. Suddenly, the door swung open as cops came in and said "Mr. Squidward Tentacles, you are arrested for the death of Mr. Krabs" they cuffed him and threw him into court where the judge said "Mr. Squidward, for the death of Mr. Krabs, you are sent into the safe deposit for years!" the police went to the "National Bikini Bottom Bank" and locked him in the deposit.

About 5 months later, the police opened the deposit to reveal a skinny dead squidward, now rotting from the lack of food. The last shot was the group of people in Mr. Krabs's graveyard with the gravestone "R.I.P Mr Krabs. - The Cheap but Loving Grandpa Boss A Worker Can Have" the episode ended with the credits and one more promo.

I was horrified! Could this be the sequal to "Mr. Krabs's Bankruptcy"? I had contact almost half of the writers and even Paul Tibbit, with no one answering or replying. Later, I received a email from Paul Tibbit with this message (my real name is "Joseph"):

"Dear Mr. Joseph,

A Recent Inncident would've caused these two connected events, we recently hired a man named "Carlos Elross" and wished we never would've, he wanted to create a two-parter episode with mr. krabs killing himself due to his profits dropping. We wanted to fire him but half of the staff kept saying to never fire him, even Mr. Hillenberg agreed with our claims! Later, we fired and arrested carlos for acts of stealing and ducting our pocket money. We're sorry the tapes were released and we're sorry you suffered

Best Wishes – Paul Tibbit"



Credited to PhantomInc 

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