Spongetech Delivery Systems, Inc. (fka SPNGQ)

[loanranger]

"One last thing we can take from this example is that the SEC took 70 days from the time that they announced a trading suspension of MRVC to complete and notify the company that the investigation was complete
and that they were clean."

As you pointed out in your post the MRVC trading suspension was imposed by Nasdaq, not the SEC, and based on late filings. The SEC investigation was in no way related to that issue.....it pertained to option pricing...and I was unable to locate information as to when that investigation began.

Extrapolating anything from the MRVC situation in terms of when one might expect the SPNG SEC investigation to end isn't gonna work. There is nothing comparable about them.