If I were an honest shareholder, and believed this was all true, I'd be thinking takeover on behalf of the common shareholders now. For one thing, where is the other 80% representation in this company in the SEC case?
HSM says they own something like 10 million shares combined, thats a 20-25% stake in the company. The SEC would have to listen to what they had to say, except all they would say is "you guys are frauds on behalf of shorty", not "we request an extension until we can hold an emergency proxy to remove rufus from his position and prepare adequate legal representation"
If the bonds are real, and the shareholders fired rufus for the 10k forgery and the ADP misinformation, CSHD might have a chance here.