op: IMO, Megas does not have a leg to stand on because of his inability to operate BCIT with 'fiduciary responsibility'. That is why he did not follow thru with the PR statement and file.
I would like to think I am wrong here, but the key ingredient for Megas to win is to be able to display to a jury that he acted responsibly in regards to the Pino/Pammy identity theft discovery. If this is what you are referring to as a double-cross, I would suggest you rethink again.
OP-you got this backwards. The SEC set the ambush for TMeg and he wandered right in and got his company's status revoked. Yep, he's a shrewd one. Do you think that the SEC will have to reinstate even with filings? I don't. The SEC took the garbage out and the dumpster truck has taken it to the landfill and each passing day, there is more garbage dumped on top.