Is Nic guilty of a crime, NO Has Nic been convicted of a crime, NO In order to be guilty you must be convicted. It's pretty cut and dry according to our legal system. Nic can very easily be considered a criminal since he breeched fiduciary responsibility to shareholders So where are all the lawsuits claiming this? There are none. He has also exhibited criminal behavior by lying to shareholders about releasing audited financials It was a private statement to 1 person, which even you stated shouldn't be considered, nothing publicly stated. All that aside, as you can see, even the SEC agrees. Which is why they revoke and delist any stock he's associated with Where did the SEC claim they revoked or delisted a stock because Toms was involved?