Convergen Inc.

The "only asset" owned by Owen Bethel's Bahamas-based investment firm Montaque Capital Partners Ltd., which appears to be insolvent by more than $10 million as a result of mismanagement and wrongdoing, comprises worthless shares in a long-defunct Florida shell company that was set up by a convicted fraudster to commit another fraud, OffshoreAlert can reveal.

Complaint in U. S. Securities and Exchange Commission v. Video Without Boundaries, Inc., d.b.a. China Logistics Group, Inc.; David J. Aubel and Vernon Jeffrey Harrell at the U. S. District Court for the Southern District of Florida.