Richard Henry wrote:
From a distance, based on the documents published here, it looks like a
retired nurse put up about $50,000 (is that the right number?) to start a
corporation. The corporation was started with 5 million shares issued to
her, and 5 million shares issued to Scott. His role is to conduct the
business of the corporation, since he held all the relevant titles, based
no doubt on his long-term experience on the Internet, and, of course, his
"vigor". Maybe he thouhgt he had figured out a way to get paid for lying
and insulting people (more than his eBay business, at least).

It looks like the exercise is over. I'm hoping he didn't get too much
of the little old lady's money.

There were other investors who put up around $20-$25k in money in the SEC
preliminary filings.. my guesstimate is she put $5k instead of $50k...

If she did put up $50k in a shaky start up ran in a mentally ill's
residence, with no background in IT, and can't state a few words without
issuing threats to people, she deserves to lose all of it.. Talk about a
lack of due diligence..