Yea, we would love for them to file something on us, we don't like to throw the first LEGAL punch, and like you said have management have to answer some tough questions under oath.
I'm not calling anyone a liar, yet, but it does look like the "spin off," announced TWO YEARS AGO, was certainly a ruse to get people to buy stock to get the "dividend" - just like when a pink sheet announces a buy-back (that never happens).
All the company has to do, to make it right, is actually complete the spin-off.