Since this activity was not long after Mirman's involvement with SpongeTech, and since the SEC is seeking disgorgement, interest, and a penalty equal to the disgorgement in the related case filed yesterday against Tommy Belesis, who knows what the good people at the SEC, such as Margaret D. Spillane, Nancy A. Brown, Elzbieta Wraga, Thomas P. Smith, Jr., and Lara S. Mehraban, will do for SpongeTech shareholders?
The only difference is, IF Mirman is also guilty of this behavior in SpongeTech's market, that occurred a little more than 5 years ago. The SEC could not convert the funds recovered to the US Treasury. The money would have to be returned to SpongeTech shareholders, who were victimized in this case.
In the Liberty Silver case, the stock manipulation occurred "between August and October 2012." This is under five years ago, just barely, but it allows the SEC to convert the money recovered to the US Treasury, if they decide that's what they want to do. (At least, that's my understanding of a recent Supreme Court ruling).
