SunWorks Inc (SUNWQ)

[SandridgeEnergy]

Or maybe trusting scammers like Nelson was just a bad idea.

It's not like there wasn't a large track record of failing business surrounding this guy and his friends in Santa Barbara.

That's the reason that I think the cell is still important. The fact this guy tried to convince people that he and Changwan were on the cusp of realligning the energy industry and then just took the money and ran shows what kind of person he is. And if he is willing to do that with a cell... why be surprised when his other ventures dont work?

In any case direct compensation to management + the financiers of this venture is probably over $20M by now. And all of that came from them marketing shares to unsophisticated retail investors, whose only fault was to trust a charismatic scam artist.