Since Isen took stock for the company, I can understand Isen wanting rights back to his company in case REDG went into bankruptcy. REDG wasn't generating enough revenue to stay in business (not that Isen's company was worth much if anything).
People also might want to contact the SEC, should the company enter bankruptcy, immediately after the merger/reverse split, it might be securities fraud. At that point I would also add Glow Dot to the companies and look for racketeering charges.
I'm not sure how REDG expects to pay for becoming SEC filing current, when they couldn't pay the sub $7,000 filing fee for Nevada. I think Stan Lee's company paid around $50,000 for 2015's 10K. REDG is two 10Ks behind.
I doubt any toxic lender would lend money without access to current financial info. If it's not public info, it would have to be insider info, which would restrict a lender from dumping shares.