Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Spongetech -- Ignore unavailable to you. Want to Upgrade?

To: scion who wrote (120)	12/13/2012 6:42:27 PM
From: scion	Respond to of 259

Plaintiff Securities and Exchange Commission (“SEC”) hereby submits settlement documents in this action memorializing the terms of a proposed settlement reached between the SEC and defendant Michael E. Metter. Mr. Metter has consented to the entry of a judgment, in the form of the proposed Judgment included in Attachment 1. The proposed Judgment would permanently enjoin Mr. Metter from violating the provisions of the securities laws with which he was charged in this action, bar him from serving as an officer or director of a public company, and bar him from participating in an offering of penny stock. The proposed Judgment further provides that Mr. Metter shall pay disgorgement of ill-gotten gains, civil penalties, and reimbursement pursuant to Section 304 of the Sarbanes-Oxley Act in amounts to be determined by the Court at a future date, upon motion of the Commission. Submitted herewith are the following: • Attachment 1: proposed Judgment as to Michael E. Metter; and • Attachment 2: executed Consent of Michael E. Metter, adopted and incorporated into the proposed Judgment and to be filed therewith. Respectfully submitted, /s/ Paul W. Kisslinger Extract - Doc 254 PDF file scribd.com

To: scion who wrote (120)	1/8/2013 3:06:06 PM
From: scion	Read Replies (2) \| Respond to of 259

Pacer update 08 Dec 13 - SEC v Spongetech CIVIL DOCKET FOR CASE #: 1:10-cv-02031 ecf.nyed.uscourts.gov Date Filed # Docket Text 01/08/2013 257 SECOND STIPULATION AND ORDER TO RETURN FUNDS FROM CRIS ACCOUNT TO BTR FOR WORKING CAPITAL granting 256 Motion for Release of Funds. (See Stip. for details). Ordered by Judge Dora Lizette Irizarry on 1/4/2013. (Layne, Monique) (Entered: 01/08/2013) Defendant Spongetech Delivery Systems, Inc. Defendant RM Enterprises International, Inc. Defendant Steven Moskowitz Defendant George Sperenza Defendant Joel Pensley Defendant Jack Halperin Defendant Michael Metter ecf.nyed.uscourts.gov