ub, whose responses exactly.... ERUE's? I believe the posters that responded in a somewhat negative manner to Mr Branum were as a result of his suggesting that this was a "PONZI" scheme. Don't know what that is but I'm gonna find out. At any rate, and I don't know this as fact, I'm of the opinion that there was nothing "illegal" as the certificates were not in hand at the time SEVU decided to reduced the issuing price to $.50/share. Gonna call my broker and get his take on this. SH