There’s that too at least, thankfully. A lot of people know the events that have transpired here. A lot Fiat. I can assure you the SEC knows too. But you’re right there are 1000s of penny stocks and only so much staff and time in the day. But with fraud in general or financial issues, etc. I can also assure you the SEC won’t ignore the big picture even if it overlooks the small pieces.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.