The SEC doesn't dispute that REVO has patents.
Trading has been suspended because of other misrepresentations.
The SEC refers, specifically, to transactions involving Greenwood and Eyetalk365.
The entire Greenwood transaction has been a scam from start to date. Contrary to what REVO has issued in PR statements that company has no assets and no cash.
The notion that Eyetalk365 is a substantial company able to finance product development and law suits is a laughable fiction. It has been used as a front for Carter and Ali to create the fiction that there is commercial interest in the patents.
The SEC could rely on many other misrepresentations, but those two are sufficient, and very easy to prove.