Shamika 2 Gold, Inc. (fka SHMX)

[1manband]

LONG overdue. This company was designed as a scam - the original management transferred all the money raised from the issuance of toxic death spiral convertibles into their own pockets as "management fees". Including almost $1 million in one year. It is too bad the SEC didn't get around to it a couple months ago before a group faked some action in the stock and ran a quick pump and dump trapping a whole new group of bagholders, all of which are now stuck with worthless paper forever.

Hopefully SHMX's former parent DGR* is next.