Yeah I have been following it OOIL...another MTV darling. Companies like PDOS bring in guys like Altounian to raise money and during the process he teaches them how to game the system. During this time he reaps huge windfalls in compensation and stock allocations. His new venture WOWIO will likely go the same route. Sounds like the new guy Beall actually wanted to turn the company around but the megalomaniac chairman couldn't part with his Xbox live and IHOP perks.LOL
It's funny how even in the CC (if you can even call it that) investors were still sticking by the chairman side saying how he is great guy and above board blah blah blah. I surmise it's human nature to want to believe most people are above board. It's just not the way the world works down in the pinks.