It's not a scam, never was a scam, but it's a bad investment at the moment. It is, however, possibly a viable gamble. Problem is, the holders of this shell are flailing and have been ever since the investors kicked out the producers of actual products and services. There was a real company here that was struggling but investors panicked and replaced the good guys with bad guys, leaving what we have now - nothing. Personally I own shares but there is no good reason to buy right now.