The product Stockdale pitched was called Time Bomb 2000. It was designed to repair Y2K glitches in computers. Stockdale set up a company called Continua Systems, headquartered in a Waco building, to market the product. There's two or three people in this room, before Christmas, who'll make a million dollars. Those who got in early would make profits off every disk sold, he said.
Insiders say hundreds signed up right away.
They say thousands bought the product. But they say Stockdale was more style than substance. The checks he handed out at company events were taken back as soon as the camera was turned off. Other checks were never handed out at all. Carl Griger is one of several former officers of the company who either quit or were fired.