More importantly, IF SPNG does not file, they still retain valuable patents, viable products, licensing rights, Dicon, and other capable executives that can take over. Not to mention salable assets.
All of which will be owned by the class actions....do you really believe a company can fraudulantly rip off thousands of investors and simply go on its merry way? SPNG will be dismantled. Millions of dollars have been lost by investors. They have very few actual assets on top of that.