Sovereignty, I'm curious, have you played pennies a lot? I used to, but never got good at it. I have to agree, that 90-99% of them are pie in the sky ventures that never pan out. And many are out and out scams. I've been involved in a whole slew of them that have been shut down by the SEC. This one, on the surface, appears to be as egretious a scam as I've seen in a while. Note I did say on the surface, as I haven't dug deep...no reason too as I never bought any.
I'm akso curious what you know about the bond. I see no way that CSHD has $500 mm in equity in it. But that's just based on what I've read, as I know little about them.
My gut feeling is that there will be a halt soon, but not for the reasons that longs hope for.
