Just a quick reply to clarify: this is old news being resolved. The company was not found to be engaging in fraud; two former executives were, against the company.
The thieves were kicked out of the company a year ago, and an arbitrator has already found them at fault. Now the SEC has too.
PVCT gets scolded but not fined, and are praised for cleaning house. They are also owed repayment by the miscreants. We've been waiting for the SEC to pass its judgment, and we were expecting this outcome.
Glad it is what we expected, glad the SEC has completed its work, and glad the company can now focus on its trials without this distraction.
