Hey guys, just want to clear something up. The SEC investigation, although it has a bad ring to it, isnt all that bad. They are simply investigating the financials due to the fact their last accounting firm lost their accreditation. That is standard procedure. It has nothing to do with SPNG doing anything wrong. They are simply just requesting a re-audit and overseeing it. That is why it hasnt been made a big deal by the SEC. If for some reason they find that their old accounting firm was cooking the books, then it will be trouble. But, I dont think that is the case seeing as the hired 2 prestigious firms for the future. Once they come out clean by SEC and further release financials supporting the statements, SPNG is going to the moon!
