So, yeah, if Hagen is in fact co-conspirator #8, then having him step down was essential regardless of a RS, but there’s other people (co-conspirators) noted in the indictment, which could be anyone at all with ties to POTN, like promoters, brokers, or those holding convertible notes, which would mean at minimum Vaccaro, and he’s deep in this case.
Imo those charged are so intertwined and deeply rooted in the handful of companies involved, that it becomes very difficult to believe they’d process a RS, yet OTC keep in place the CE.