Fellows Energy (fka FLWE)

[quickbuckvulture]

I think the officers of Fellows and their CPA firm should be held to account.

The validity of SEC filings is at the heart of the entire American capitalist system. It would be one thing if there were a computational error due to oversight. That would be bad.

But this is just beyond the pale. The officers of this firm claim to have decades of oil/gas industry experience. The CPA firm was, presumably qualified to file reports with the comission. They didn't know that they shouldn't claim revenues that didn't belong to them? What kind of an excuse justifies this kind of conduct?

Oh, I forgot to mention this nugget. When I called the office, George Young wasn't there. It turns out, according to the people in the office, being President of Fellows isn't his only job. He goes other places to work for other people to make money! Didn't everyone kind of assume that drawing a salary of over $100k meant that this company was his full time job and his full time responsibility?

Shouldn't they have disclosed that FLWE is kind of a hobby for George? Shouldn't investors have been told that the company with only 2 officers wasn't being managed by the President on a full time basis?