Because Megas was hoping for a default judgment against shareholders which would have netted him millions. Did you forget he sued us for $10,000 a piece?(remember, this was a civil action..not a criminal) Fortunately he was derailed by sharholders who challenged Megas with "discovery" after which he promptly withdrew.
What is disturbing is the sharholders that were lobbying others here to not respond correctly which would have allowed the default...the very same lobbying for the "atty's fund"...the very same who denied the SFC had received an answer from the DTC back in July which indicated they had notified Megas the SEC's intent to take action against the stock well before that. This of course, would have interfered with ummm "fund raising" for Megas's legal fund...which some were hoping would be swallowed hook, line and sinker as they did the default movement for the lawsuite.
...getting the picture yet?
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