Shareholder kept insisting that Silverman go after the NSS on his and the courts' dime...rather than actually doing it they kept asking others to do it for them...that is where Silverman and the court agreed that if the shareholders truly believed in the "Serious allegations"...it should be up to them to investigate it and not to waste the courts time(or Sileverman's)
In other words, the shareholders were the ones left to prove that there was this NSS conspiracy and they never did because they can't and never will be able to....since it doesn't exist.
The SEC will move forward with the delisting request very soon.
In the long run, the shareholders are still left with nothing and it will remain that way.
You do realize that if Silverman had just said "sure, here just take copies of all these certs even though they are very much private information" he would have been opening himself up to liability. He should not be giving out ANY of the info with out court approval. That is just plain common sense. Like it or not SPNGQ is a completely empty shell with ~2 billion of the 3 billion shares illegally sold by the insiders. It will never be unlocked by the DTC and the SEC will likely move for a revoke and get it 100% for sure.
I don't have a problem if the sponge company survives as a private company. However SPNG the the public traded company will NOT survive and the gang of crooks are heading to jail