It's likely the SEC delved into the CEO's other business connections when they were investigating SHRK. That means EEGI and AIC are probably both currently undergoing scrutiny.
They're likely aware that S.S. & K.H are accused of fraud that involves EEGI and SHRK, and is already considering whether EEGI needs to be dealt the same fate as SHRK.
There's an abundance of evidence that EEGI has been a scam for the past 20 years. Steve-o stated that EEGI was a financial mess that he was having difficulty straightening out.
If someone with the backing of Harrington and AIC couldn't git 'er done, the the stock is probably too f'd up for anyone to fix.
I see no redeeming qualities to this decades-old scam. Many have tried to save it, all have failed. Therefore it's best for the SEC to pull the plug so no more investors will be harmed.
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