The allegations are clear, but again, those are allegations, not proven facts. The two directors of SPNG did not submit their defense papers yet and you already put them in jail, revoked the stock, bankrupt the company, and what else….. Let the court decide the outcome and instead of you I wouldn't make such negative predictions since the situation was not decided by court yet.
This isn't a court of law. This is the stock market. They will get their chance for a fair shake in court. However the overwhelming mountain of evidence shows that this thing is in FACT a scam.
You don't just get unlucky and get sued by that many companies as well as get charged with criminal offenses combined with the fact that they bounced large checks and stopped filing. This was an obvious pump and dump even before that stuff. They dont have to go to jail for it to have been a pump and dump.