In the filing for bankruptcy on 10/27/2022 (see link below) it states
"WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both."
Now the CEO is also a CPA, so not only he can be fined, he can go to prison and in addition he would lose his CPA licence.
Secondly, SPSO wants to be approved for CH. 11 by the court. Why would they lie if they are losing money to tell the court they are making money so it would make it harder for the court to approve CH.11.
LINK - GO TO OCT 27TH - 1ST FILING AT THE BOTTOM DATED 10/27/2022 page 5