100% BULLSHIT!!!! These guys went into the deal with their eyes wide open. Any trouble they "inherited", they BOUGHT, with shareholder's money! ;-)
It wasn't Peter that FAILED TO FILE the required financial reports that led to this.....
Nor was it Peter who put the scammy lawyer with proven involvement in previous pump and dump and illegal share selling scams on the BOD, now WAS IT? :-)
That' why the stock is DOWN MORE THAN 6% TODAY and 52% since the reverse split. :-D