I don't see how it was illegal for them to release D certs to anyone they wanted.....not great PR when others find out but not illegal either. That said...I'm not believing the story that they released the 44 certs to Rich. But from the beginning I said they really didn't seem to care who got the certs as long as they could show they currently held shares. Same with ARN*. They needed to add that value for each preferred share to their books as equity. Lets see how this plays out in the end.