Our fate was sealed on June 16th. That's when Drakeford's registration was revoked. And our new auditor, Robison, hired the following month, had six weeks to complete a 10k on a new client who had grown from $5m to $50m in revenue during the audit period. And an auditor who also had to reaudit the previous years 10k. And who was going to be thanked for their undertaking by being replaced by Deloitte. That scenario is responsible for SPNG being where they are. It is not because of management impropriety.
And yes, for the SEC to have disclosed non-public information about an upcoming investigation, and probable suspension as well, is more than a little unfair.
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