I believe a lot of what is said, in this stock and others, concerning claims of fraud or scam, is because of ignorance.
Ignorance about the inner workings of trading, Ignorance of how to interpret what they read in the filings, etc.
Or in some cases, a way to shift the blame away from themselves for a bad investment or bad timing of a trade.
JMHO
Here's to a brand new year for FRQN. Good Luck