NOT LEGAL OR FINANCIAL ADVICE. Liang's and Board Colluded to Plan and Carry-out Ongoing Fraud Including September 2024 10-for-1 Stock Split

As they knew that THE 'hundreds of dollars too high stock price' was a result of and based on their ongoing racket scheme that was perfected by the Audit Committee, the Liang family, the CFO, COO, and other shell enterprises, AND complete with fabricated financials. And they all planned and cooperated in carrying-out the stock split FOR THE SPECIFIC PURPOSE OF ATTRACTING RETAIL INVESTORS. and it worked. more shares, more retail investors pouring billions into the scam.

the SEC and DOJ are looking forward to those reports, but even they know that to file such reports would be just the information needed to send the SMCI gang to a Federal Penitentiary.

One thing is to have committed a single act of fraud, but an ongoing fraud scheme that continues to engage in deceptive and fraudulent acts/omissions, like preparing AND filing the fabricated docs with the SEC (!!!!), and doing the nasty when they are under investigation, would not only add to the proof of: intent; willful, wanton, reckless disregard of law and regulations; poor corporate governance - they all should have already been replaced (and stay out), BUT filing the outstanding reports would simply fulfil another element necessary to the criminal 'ongoing conspiracy to defraud' cause of action and/or criminal count.