It seems to be a knee jerk attempt by rca's friends to claim that the contract is objectionable. Under common law, a court could, in theory, refuse to enforce the specific performance as Corey wants and say it's against public policy to have you printing circumspect and suspicious shares -- if you paid them money and they owe that money, I'm instead going to issue an award for that money and interest and you can collect like anyone else, but not through shares.
It's pretty hard to demonstrate something that "shocks the conscience," and the document rca provided doesn't provide me with enough information to guess what they plan on saying. An answer is just that, short denials and a concise statement of the legal claims.
Personally, I thought it was a bit wishy washy and Corey's lawyers put together some nice pleadings from what I saw on PACER. I would guess they'll file a motion to dismiss the claims or a prompt motion for summary judgment with legal opinions saying the shares can be free trading.
But I don't know. It's funny.
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