I caution everyone this is just another opinion of mine and I have no particular specialized knowledge in business law. If this had all come down in an appropriate and legal way, back in October when it was realized company was irreversibly in the "red" and insolvent, a bankruptcy filing should have occurred, this would have likely prompted a freeze on stock trading to protect any assets in favor of creditors including shareholders, though the shareholder class sits at the bottom of the list, Perhaps, the shares might have been repriced and reopened for trade. I wonder if any improper raiding of assets or insider dumping has occurred along the way.

At the point we are at today, they are not even doing clean-up by announcing the distressed condition of the company and the delisting of the stock. All this speaks volumes as to the inept, and irresponsible managers.