Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

And yet another relevant SEC Litigation Release.

"SEC Charges Microcap Promoter With Illegally Selling Penny Stock Shares...

...filed in U.S. District Court for the Eastern District of New York...

...We are committed to holding accountable those who abuse the microcap markets, regardless of the elaborate steps they take to conceal their misconduct...

...was previously charged by the SEC in 2011 for the fraudulent pump-and-dump manipulation of a sports drink company founded by Daniel “Rudy” Ruettiger, known for having inspired the motion picture “Rudy..."

http://www.sec.gov/news/pressrelease/2015-129.html

I discussed the charges in the Rudy case, as they involved a ring of serial penny stock manipulators, including one of whom was partenered with a stock manipulator who was active in the SpongeTech market.

I don't see anything about contempt of court charges in the Complaint.