You are correct that the share structure here is a lot better than many other scams, but it's still a scam IMO. It can definately make a nice run with less than a billion shares outstanding, but it won't hold. I just want everyone to realize that everything this company says is a complete lie.
Yes companies get a second chance, but the last thing a real turnaround story would do is bring back a woman that already jacked up the company a few years ago. A woman that has NO business running an oil company. Pumping candy bars and soda out of a vending machine is not the same as pumping oil.
One has to wonder why the "new" CEO didn't get things done the first time around, and what exactly she brings to the the table this time that is so much better?
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