drews posted this today on I-dud:

Unlimited ability to issue stock — Most states set a limit on the number of shares that you are authorized to issue. Not so in Wyoming! You may issue as many shares as you wish (without any additional costs or fees) by simply making the proper entries in your Articles of Incorporation. (We will take care of all that for you.) Unlimited shares may be of paramount importance to you in particular, if you ever contemplate taking your company public

lol. I just found this comical. Based on those Wyoming rules should be even easier to run his scam.

drews words ring true.