I'm not exactly sure what this last entry is all about. Is it just about CKYS failing to do something within the next 2 days, or is it about Plant as well?
If Plant is still fighting the SEC charges, it seems to me that his main defense has been 'I didn't do anything, someone else did it.'
Well, if that is his defense, then it would be foolish spending any money to defend the company itself. If anyone at the company committed the violations that the SEC is alleging, the company is also guilty.
Just a thought. Don't really know what's going on (obviously), but if the scenario I described above is correct, I'd expect the company to do nothing, and the SEC to file for default ruling.