this company is a sham, page-20

Prior to Marion.
Most of the Marion Team were Part of Coho Energy.
Even Karel Louman provided the funding to Coho.
The company went broke quite spectacularly leaving debts of around $200M if my memory serves me correctly.

There was an almighty mess.
JC exited with a almost $1M, and then the company went into chapter 11.

The company appeared to be manipulated through a massive boom and bust..

Starting to sound familiar?