Jun. 27 at 10:59 PM
$TOYO Not looking good:
June 5, 2026: The DOC throws out TOYO's initial defense paperwork.
June 10, 2026: The lobby delivers a crushing blow, exposing TOYO's wafer percentages and the Vietnam shipping loop.
June 11, 2026: The DOC designates TOYO's close partner, VSUN, as a mandatory target for the 2024 lookback audit.
June 24, 2026: TOYO's management panics and dilutes the stock for
$50 million to get emergency cash.
June 26, 2026: TOYO's lawyers issue a desperate, last-second plea begging the DOC, "Please don't look at 2025! Look at 2026, we are clean now!"
The June 10 document explains why TOYO's lawyers were forced to beg the DOC to focus only on 2026. Wiley Rein completely cornered them on their 2025 operations. The probability of this probe being initiated is overwhelmingly high.