Spongetech Delivery Systems, Inc. (fka SPNGQ)

[starfire]

The issue is not whether Steer is guilty or not, the issue at large is the non-identification of individuals....who was the individual giving instructions to Steer, etc.

"improperly issued tens of millions unregistered shares. None of Mr. Steer's clients were defendants, but court filings identified two of them in an example of some of those share issuances. The defendants all pleaded guilty, with sentences in the case including 24 months in jail for one and $12.7-million (U.S.) in restitution for another.