Okay, I think the weak hands would have found out

Okay, I think the weak hands would have found out anyway because our "friends" on the other board broke the story.  But, yes, Robert Segersten has more at stake and more to lose, and he will be fighting tooth-and-nail to have the company reinstated.  To me, it seems that he is being audited by the IRS and he just need to provide the evidence the shares issued were "free trading". Cheers!