woop01 - 7:29 pm on Jun 3, 2011 (gmt 0)

The more I look at it, the less it looks like a company and the more it looks like a ponzi scheme.

In the just over 1 billion the raised last December, they only put $150 million into the company. They used over $900 million of it to cash out early investors.

They owe their merchants $290 million but they're $230 million in the hole.