It's not a case of "either or"...
I agree that "We have a case of in house conspiracy, lies,collusion. We are the victims of one of the worst case stories ever to happen to a once upon a time listed stock.
Add to the list , false PR's as to mislead shareholders into buying shares!!"
But, that being true... doesn't mean that the internal problems you correctly note, aren't there because someone else finds it convenient to have them be there...