billiam:
Well summerized! And, if I can add this, the anger from various posters on this board should be focused to the folks you named, NOT whomever takes the reins NOW in their attempt to salvage the wreck. I know at one point in an email from Arch, he had links to both TX, NV SEC offices, as they wanted to hear from shareholders (whom had gotten screwed) regarding the people you mentioned in order to consider bringing criminal charges against them, which should be done. I did the link to TX, and within 5 minutes got a call from someone within the SEC office directing on how to download the appropriate form to fill out. Sadly, I got busy and didn't do it, but will look thru old emails to see if I can still find the reference email. Will post it if I can find it.
From talks with Ed, the books/paperwork mess left by them will take months to sort out, the revenue stream is small, so it will be an uphill struggle to salvage anything, and will be hard - if it can even be done. This has to be done if we can ever be back in the pinks again. In light of this, I would hope that whomever replaces Ed and Stephen will be given a little space to try by the IHUB posters, without jumping to conclusions that they are the same "birds of a feather" as the crooks you mentioned and therefore posting that way.