$52.7 million in revenues knocked off as uncollectable without a whimper after they had milked the markets for bulk of 2013 and into first half 2014. This occurring before the SEC hammered down SKTO/AEGY, interestingly, on the 80th anniversary of the creation of SEC. Securities Exchange Act of 1934 was signed by FDR into law on 06/06/1934. I would think astonishing 'admission' is an apt descriptor given the magnititude of SK3's deception. The fraud investigators will be finding much meat on this bone.