Stanton pushed his cash — and Cast-Crete's capital — into dozens of penny stock ventures: munitions for the American military, research into nano-particles to find a cure for heart disease, Internet radio to bring shock jock Bubba the Love Sponge into local homes.
The once-prosperous Cast-Crete is now in survival mode, with an IRS bill looming, the economy bottomed out and nothing to show for the penny-stock investments.
A few months before his death, Hughes wrote a letter to Stanton demanding answers about his shady associatesand what had happened to all the Cast-Crete cash pumped into the penny stocks. It didn't add up, Hughes said indignantly.
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