Our old friend Dick Hardt, the Vancouver-based entrepreneur whose last startup flamed out and drew a lawsuit by investors, has resurfaced at Microsoft. And, according to photos he just posted, he has nothing to hide.

Sxip Identity, a Vancouver-based startup that's built a tool for porting your Web identity across sites, may have hustled investors out of $370,000 by misrepresenting acquisition efforts by tech titans Google and Yahoo. Founder, CEO and president Dick Hardt (no joke) now says the company is insolvent, and has no plans to honor the convertible bridge notes which were to revert to cash or equity upon sale or additional investment in the company. Where did the money go?