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Non-Tech : Spongetech

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To: scion who wrote (250)	12/9/2015 6:12:28 AM
From: scion	Read Replies (1) of 259

12/01/2015 354 STATUS REPORT by U.S. Securities & Exchange Commission (Kisslinger, Paul) (Entered: 12/01/2015) Doc 354 PDF file scribd.com Extract - In the related matter, SEC v. Weiner, on June 18, 2015 the SEC submitted to the Court a proposed distribution plan for the distribution of collected disgorgement, prejudgment interest, and penalty to harmed investors who purchased unregistered Spongetech shares from the defendant. The SEC was able to collect the full amount of the final judgment ($1,345,192) against Mr. Weiner, and hopes to be able to distribute these funds to the eligible harmed investors who purchased Spongetech shares from Mr. Weiner. The SEC is prepared to begin the distribution of these funds pursuant to the plan immediately after receiving the Court’s approval of the distribution plan.

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