I'm sorry but the good Doc did commit a crime, by intentionally misleading investors into believing they owned a plant in the industrial area, and were starting production with the first reactor in the summer of 07. The SEC rules are very clear on the managements responsiblity to report any changes that might effect the value of a stock good or bad.
After being screwed by Dr. C, I'm sceptical of your news from E, and would ask you to post the court case number, and location of the court (city). Being Dr. C has no known assets except his 40 mil shares of Alcar. I would urge Mr. E to get a judgement with the court transfering ownership of those shares as payment for the debt. Then we can talk about bringing the company back to life with Mr. E as controling intrest, and owner of the the process to make Plastic resin.