Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

This Avi Mirman?

"U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 23895 / August 2, 2017

Securities and Exchange Commission v. Robert D. B. Genovese, et al., No. 17-cv-05821 (S.D.N.Y. filed Aug. 1, 2017)

SEC Charges Two Individuals in $17 Million Manipulation Scheme

The SEC's complaint, filed on August 1, 2017 in federal district court in New York, alleges that, Robert Genovese, a Canadian citizen, his company, B.G. Capital Group, Ltd. and Abraham "Avi" Mirman, the former head of investment banking at now-defunct New York broker-dealer John Thomas Financial, Inc. (JTF), were involved in a scheme concerning Liberty Silver in which Genovese sought to increase dramatically the company's share price and volume and sell millions of shares into the market. According to the SEC's complaint, between August and October 2012, Genovese schemed with Mirman to sell Liberty Silver shares to JTF's customers in part by agreeing to loan $2 million indirectly to JTF without disclosing the loan to the customers. The complaint alleges that Genovese also touted Liberty Silver in newspaper articles while failing to disclose that he had paid for the articles, that he was dumping millions of shares of Liberty Silver stock, and the financial arrangements between himself and JTF. It further alleged that Genovese engaged in manipulative trading on a particular day, increasing Liberty Silver's share price and creating the false appearance of liquidity and demand for Liberty Silver stock."

https://www.sec.gov/litigation/litreleases/2017/lr23895.htm

Is this the same Avi Mirman who was Chairman of Cresta Capital?

"Cresta Capital Strategies, LLC
Investment Banking focused on long-term success.
Melville, NY

Investment banking firm Cresta Capital is led by an accomplished and proven team of financial professionals. Cresta Capital’s investment team has executed hundreds of transactions, some ranging as high as $150 million. Cresta Capital’s management members, who possess an average of 20 years of experience in the industry, employ their expertise in advising businesses of all sizes in the areas of mergers and acquisitions, capital raising, market assessment, competitive analyses, and business model creation. Cresta Capital’s management team includes Chairman of the Board Avi Mirman, President and Chief Compliance Officer Michael Mirman, and Managing Director Russell Steward, CFA."

http://crestacapital.weebly.com/

SpongeTech sued Cresta Capital, remember?

"In August 2009, the Company (SpongeTech) was introduced to Getfugu by Cresta, who was serving as investment banker for both the Company and Getfugu. At the advice of Cresta, the Company entered into a definitive agreement with Getfugu to invest $4 million into Getfugu’s mobile-based web search and e-commerce technology, and that the Company would be the first company to utilize Getfugu’s innovative mobile search platform. An aggregate of $1.75 million had been advanced to Getfugu, soon after Getfugu rescinded the transaction and to this date has not returned the monies to the Company."

http://www.businesswire.com/news/home/20091016005930/en/SpongeTech%C2%AE-Delivery-Systems-Announces-Class-Action-Lawsuits

Didn't Trustee Silverman take that case? I don't recall exactly.

But, there was definitely some entertainment value in getting acquainted with Getfugu. It led to tales of international intrigue, dubious claims of being part of the US law enforcement complex, and to the sad demise of a beautiful Enzo Ferrari.

http://carlfreer-scammer.com/category/getfugu/page/2/