With the SEC breathing down their necks, REVO filed an admission that their public statements, filed accounts and other public statements are all 'unreliable'.
You expressed some truisms which, whether or not you intended it, apply to REVO:
The SEC got involved after REVO lies got old. And delayed their involvement until it could be shown that REVO misrepresentations lacked the finality of successful litigation, buy-outs, or income generation.
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