Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cowtown jay]

A Consent Judgment was entered today in a case related to SPNGOV. (SPNGOV is a more appropriate ticker, since shareholders are victims of both company insiders, as well as by the lack of enforcement by the government).

https://www.sec.gov/litigation/litreleases/2018/lr24036.htm

Of note in regards to the $700,000 + in illicit proceeds mentioned in this case, we see the following: "The judgment provides that upon subsequent motion by the SEC the Court will determine issues relating to monetary relief." And we'll be waiting to see the SEC's motion.