i think i remember something about a dispute with the dtc about the actual number of shares outstanding or authorized. the criminal element that IS in the market is most liely the problem with the entire exchange. madoff is only a drop in the big bucket of criminal activity that rapes the entire market each and every day.
drill a hole in the ground, try to get enough oil to sell. does that sound risky? and they are a public company on the pink sheets to boot.