PC, just an fyi I think there was a reverse split in there as well. 1:10 on Jan 2, 2009. Can't find much info on it though.
I'm not 100% clear on this but I think that would have technically made those $2 shares worth $20, back in the day.
Regardless, I think Dow is basically starting over here and the properties are legit and he's got some cash in the bank. He's been around the block a few times and I'm betting his experience will prove invaluable in this regenesis of GAX. Anything I know about his properties/companies is looking very positive, particularly considering the low market caps etc.