SunWorks Inc (SUNWQ)

[SandridgeEnergy]

That's what I mean when I say they are not perpetuating it. Keep it mind they didn't stop the fraud. The fraudsters (including convicted felon Jonathan Lei of Pearl Innovations) finished looting the company and handed it over. The only thing the new management gets credit for is not starting up a new fraud.

However, they still use the same law firm, which is itself enmeshed in lawsuits regarding work they did on other frauds.

https://www.barrons.com/articles/the-lawyer-at-the-center-of-sec-pump-and-dump-case-1538675403

They still use the same accounting firm from Boca Raton (major red flag just there), which LIED about a failed PCAOB inspection. This was only removed from their website after I told the company about it. If the only thing keeping their auditors half-way honest is ME PERSONALLY (a guy with no qualifications who rants about a company on the internet for no reason) keeping an eye on them, then you have a big problem. The only reason not to address this is if having even a semblance of credibility in the market is not on your list of priorities.

Long story short the new management was given a pile of garbage, and while they may be making best efforts to improve it, they don't care about how it got that way.

They cannot care by the way, because if management were to make statements acknowledging the massive fraud perpetuated against their shareholders they would be out of work quickly when the lawsuits come pouring it. Even if they are not personally liable for what happened, the company is, and I doubt they have the courage to lose their jobs and jump on that grenade for the sake of a few angry investors.