"While it may or may not do any good I am going to report this deception to SEC".
You intuition is very good, this would be a complete wast of your time and the tax payer. I believe that this was an honest mistake/misunderstanding. If you want to wast the SEC's time, take a look at Solarmanmike.
I have a solar calculator for 15 years, it still works, so I bought some solar lights last month for walk way, love it, just bought a solar flashlight at Costco, all of new homes from KBhomes have solar panels, I think solar energy is just ingenious. The point is this industry is here for as long as the sun is shinning. I don't care which solar stock people are buying, because anyone of those stocks can be a great potential for future profit.