3) Money laundering
They also need to report revenue so they can be taxed (or not taxed) accordingly.
If they have revenue (AEGY reports that there is no revenue from Pharmajanes), and the money is flowing into someone's pocket (not AEGY), then the securities fraud could be compounded by money laundering.
According to AEGY, the business is operating since 2013, yet has never had even one cent in revenue/sales.
There may be some question of whether they were actually operating in 2014, though. Their latest 10Q indicated that they will be operating a business, but does not indicate that they actually are operating a business.