Just noticed they haven't paid divs for the last few weeks and have been moved to GLBSE Black.
Uh oh, what's up with UDN?
I avoided it partly because I couldn't find a thread in here about it. The site listed in the contract looked flaky and very low traffic. This gave me the impression it was a low-budget operation with little commitment from the operator.
Not sure if those things make it a scam, but non-payment puts it a whole lot closer.
Did you try emailing the operator?
Hrm, I hadn't even noticed this company until you pointed out it is now in the DeathMarket.
Who sets up a whole new forum just to post information about a mining company share? A simple static webpage would have been better.
It might be a tip-off that something is fishy when there are typos in the contract. And who puts a smiley in a contract? I wouldn't touch those shares with a ten foot pole.