The Sword of Damocles (the SEC) is hanging over the head of Deitsch. There will be a settlement and Deitsch will be banned from any involvement with securities.
The SEC has Deitsch nailed for attempting to manipulate the price and two brokerage firms closed his accounts.
Deitsch already has two companies suspended and revoked because he was delinquent with his filings.
Deitsch has been a horrible CEO and it is very odd how a few support him - on the Big Boards the shareholders would have demanded he resigned.