No. But they'd be worthless if it ceased to be functional.

Maged: you're really making a fool of yourself with the straw man arguments. Drop it, it's embarrassing to watch.

1. Theymos purported to sell his own shares. They were not his own shares he was selling.

2. Theymos said he had no idea about the goat kickoff; his confederate bitcoin.me said that his reason to sell (in a bulk with theymos) was that he knew Nefario was going to kick off goat. One of the two's lying (and from experience with this mess, probably both).

3. Theymos said there's no SEC investigation and tried to downplay the email SEC actually sent. It's unlikely he didn't know this, as it was public knowledge at the time. (In any case would have been trivial to verify by, for instance, calling the SEC guy up, as a number of people did).

4. Theymos failed to disclose his board position. Theymos represented the acceptance of the new buyer as "something not to be concerned about"; turns out the board can't even agree on the most basic of issues.

In short, the guy lied about pretty much every aspect of the sale he was proposing. What do you mean "Potential buyers can decide the shares' value themselves"? Every single thing theymos said was a lie. Not a single thing he said was the actual, complete and honest truth. How are they to "decide for themselves"? And you're fronting for this? What is this, used car salesman camp?!