Scam is a strong word, BUT,
Hugh Aird 1) has no experience in this field to speak of 2)has watched APGA AND Amer Lith Min stock (prior to resigning) decrease 60% in value in 6 months while accumulating $10 million if deficits 3) is management at Agoracom IR 4) is on the board for a number of different pos companies
So, we have a guy who has a securities background only, no real track record of successful public company involvement and is a manager at an investor relations firm. We have a stock that has gone from .70 to here in a relatively short time (2 months) and was a stock watch pump.
So you ask if it's obvious for disaster? I'd answer that the obvious happened about 6 weeks ago.
Hugh Aird may or may not be highly credentialed. Even if he were, that, and being a Harvard grad (allegedly) doesn't mean he can run a company. And judging by his history he has problems doing so.
How low can this go? Who knows...perhaps it can creep up a bit in time...but the trend since Nov is certainly disaster ridden.
Has all the earmarks of a pump and dump unfortunately...but hey, maybe it can turn around...but you is gunna need more den 4 boardmarks, lol...
News 
Market Data 
Discover 
