It would make sense if it was where SPNG was an effected party due to the actions of others.
I know many are automatically assuming that it's SPNG on the hot seat, but if they were they probably wouldn't have put that into an 8K.
Wondered about one thing, is there a requirement for a company to file an 8K or PR saying they are under investigation, if not why would SPNGE file this. The SEC doesn't make public this sort of thing until after, why would SPNGE even release this?
Very good question. The 8K doesn't make any sense. This is quite the roller coaster ride.