By going public, 3DIcon obligated itself to certain business practices - some legal, some ethical. Among those is to not engage in deceptive or illegal actions.
We, as investors, have every right to insist 3DIcon lives up to those basic standards and is forthcoming with "factual" reports on the company's health.
Clearly, 3DIcon can engage in shameful treatment of the shareholders and inept management without crossing the "legal" boundary. Still, we have some rights as shareholders and, if management cared, an expectation of moral/ethical treatment.
It remains to be seen if 3DIcon can deliver a product. However, on every other front they have been an abject failure.