What you don't understand is that Klug doesn't need to "get current" to pursue these legal remedies.
He can simply take the company private, follow the lead taken by the Regulators against these toxic lenders and corrupt Market Makers, settle the litigation, re-register and come back onto a new exchange.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.